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Extreme volatility in the stock market, and accompanying widespread concern about the broader economy distracted framing lumber traders all week. Constant shifts in news emanating from the White House about tariffs kept traders on edge. Many traders, particularly in Canada, spent much of the week at the Montreal Wood Convention. Buyers replenished cautiously and conservatively […]

North American lumber industry struggles with closures, tariffs and post-pandemic demand shift

Trading in most markets stalled after Wednesday’s announcement that lumber imports from Canada would be exempt from the newly imposed tariffs by the Trump administration. The most notable immediate impact was seen in lumber futures, where prices tumbled more than $50 on Thursday. In most physical markets, prices adjusted mildly in both directions. While digesting […]

Keeping up to date in the ever-shifting landscape of the forest industry is crucial for professionals to make sense of the market

The US pallet market saw an early month jolt in low-grade prices on the heels of the March tariff implementation drama followed by renewed stability. Uncertainty is rising across global trade as the White House prepares to unveil a narrower—but still significant—set of reciprocal tariffs, expected to take effect on April 2. Administration officials have […]

Forecasting is not an absolute exact science, but it provides a general expectation of future growth scenarios based on assumptions. Accessing two, five and 15-year forecasts by region and grade enables parties to plan around market changes. At Fastmarkets, our macroeconomic forecasts serve as a foundation for various forestry product forecasts, such as pulp, packaging, […]