Holstein facility expansion is the largest in company's history and enhances production capacity for architectural wood doors.
Chicago prices increase 5.8% while Tampa declines 4.2%, with 16 of 20 cities seeing monthly drops.
Price for wood chips exported from Indonesia slid 0.2%.
All four regions post monthly gains as 22% of agents expect buyer traffic to increase.
Pine timber in southern Sweden sees largest reduction of SEK 130 ($14) per m3.
North American mills face tariffs and closures, Europe postpones new deforestation rules, and Russia’s forest sector enters a structural crisis.
The facility will install a new measuring frame and advanced systems to improve log measurement and sorting efficiency by summer 2026.
Apparent consumption fell by 10.8%.
Exports of particle board from Thailand decreased 17%.
Price for wood pellets exported from Vietnam to Japan upped 1.3%.
The price for wood chips imported to Japan stayed flat.
Leader of Russia’s largest forest industry company warns of a coming wave of bankruptcies.
Wood panels gain 0.5% month-on-month, while lumber and finished products record monthly declines.
Freddie Mac reports 15-year rate edges higher to 5.50% as long-term borrowing costs continue a downward trend.
Wooden housing declines 3.0%, accounting for 63.3% of total starts.
Price for wood pellets imported to Japan lost 6%.