Widman’s Market Direction
The road ahead is beginning to look barren in supply compared to what this market is used to at the beginning of a new year, or beyond when normal curtailment returns. While supply is notRead More →
The road ahead is beginning to look barren in supply compared to what this market is used to at the beginning of a new year, or beyond when normal curtailment returns. While supply is notRead More →
Cash markets were not as active this week following the Canadian Thanksgiving holiday on Monday and with many of the industry traders away at NAWLA in San Antonio, TX. Yet sales liquidity remained ok whileRead More →
The North American lumber market is under a constant barrage of mill closure news out of British Columbia and some of the supply impacts are now coming home to roost. As mills find it increasinglyRead More →
Cash markets had a better tone this week as supply continues to trickle away. Lower prices have attracted buyers with paltry inventory levels back allowing prices to firm and move up, especially for the firRead More →
While cash, futures and the WOOD ETF prices all remain very weak, they are all greatly undervalued. With U.S. interest rates heading down and vacancies at nearly a 4-decade low, pent-up construction demand remains veryRead More →
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