Tag: U.S.

US housing starts drop 10.3% in February 2021

New residential construction in the U.S. showed a substantial decrease in the month of February 2021, according to a report released by the US Commerce Department on Wednesday, with housing starts extending the sharp pullback seen in the...

Green Bay Packaging begins paper mill production

Green Bay Packaging Inc. (GBP), Green Bay, Wisconsin, has announced that the first reel of paper was produced March 11 at its paper mill in Green Bay. The company says this milestone comes two and a half years...

U.S. softwood sawn timber prices keep going up in early 2021

In the week ending February 26, 2021, the price of benchmark softwood timber commodity item Western S-P-F KD 2×4 #2&Btr rose another +$28, or +3%, to US$1,040 mfbm, from $1,012 the previous week, said Madison’s Lumber Reporter. Last...

U.S. housing starts fall in January 2021

After reporting a sharp increase in new residential construction in the U.S. in the previous month, the US Commerce Department released a report on Thursday showing housing starts pulled back by much more than expected in the month...

USDA: US exports 7.26 million metric tons of wood pellets in 2020

The U.S. exported nearly 7.26 million metric tons of wood pellets in 2020, up 5% from the 6.92 million metric tons exported in 2019, according to data released by the USDA Foreign Agricultural Service on Feb. 5. A...

U.S. Housing starts rose to fastest pace since 2006 in December

U.S. home construction starts rose in December 2020 to the best pace since late 2006 as builders responded to the robust demand for single-family housing. Residential starts climbed by 5.8% to a 1.67 million annualized rate, according to...

The American Forest & Paper Association (AF&PA) released its December 2020 сontainerboard monthly report

In the U.S. total сontainerboard production in December 2020 increased 3% compared to December 2019. It was up 4% when compared to the same 12 months of 2019. December 2020 production of containerboard for export decreased 22% compared...

U.S. softwood timber prices continue to climb

Compared to the price one-year-ago, of US$402 mfbm, last week benchmark softwood timber item Western S-P-F KD 2×4 #2&Btr was selling for US$944 mfbm which is +$542, or +135% more. Unstoppable demand over the Holiday Season pushed prices...

Tropical hardwood imports held steady in October 2020 in U.S.

Imports of sawn tropical hardwood rose only 2% in October as imports for 2020 continue to lag far below those of 2019, reports ITTO. The 13,491 m³ imported was more than 38% below the volume imported in October of...