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Fourth Quarter Industry Update

Fourth Quarter Industry Update

Welcome to our Fourth Quarter Industry Update, where we delve into the latest developments and insights shaping the lumber industry landscape. In this comprehensive update, we explore a range of topics, from housing starts and permits to lumber market forecasts and major industry announcements. Learn about the trends driving the market, the challenges faced by mills in Western Canada and the Pacific Northwest, and the anticipated price stability in plywood and OSB markets. Discover how these factors impact your purchasing decisions and business strategies in the dynamic lumber market. Join us as we navigate through the complexities of the industry, providing you with valuable insights to thrive in 2024 and beyond.

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Year End Lumber Market Analysis

Year End Lumber Market Analysis

As the year concludes, the lumber market demonstrates a blend of stability, cautious optimism, and strategic considerations influenced by both market and seasonal dynamics.

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Trio’s Toy Drive is in Full Swing

Trio’s Toy Drive is in Full Swing

There’s still time to be a part of Trio’s Toy Drive this Holiday Season! Partner with Trio to drop off a toy to our office or make a quick cash donation to Trio’s St. Vincent De Paul Toy Drive site.

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The Current Lumber Market Is Underbought: January 2023

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The Current Lumber Market Is Under Bought

With current announcements regarding permanent mill closures and curtailments, the market could be set up for a Rocket Boost. Most Buyers were keeping inventories light to allow for the digestion of shifting economic conditions.  Need stills exists and there are plenty of projects in the pipeline. We anticipate a boost in the market prices based on the recently published news releases of Canfor and Sinclair.

Note: These are just two of the mills making adjustments, but there are several others we have received notices from as well.