Widman’s Market Barometer, June 8, 2022

Market Barometer

Market Direction A moderate pullback in lumber over rail traffic for both Canada and the US last week is a good indicator that the decline in lumber demand remains widespread across North America. While the large Western BC sawmills have seen massive profits for the past 2 years the current erosion in pricing will begin…

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Diesel Drops Below $5 for First Time Since March
Rayonier Inc. (RYN) CEO Dave Nunes on Q2 2022 Results
UAVOS demonstrates the opportunity of autonomous technology in forestry – sUAS News – The Business of Drones
CoreLogic: National Mortgage Delinquencies Reach Another New Low in May
Lumber CFTC COT lumber futures update…The funds shorts are going all in!