US lumber producers expand production as market outlook remains strong

July 18, 2018
Category: Today's Takeaway

A CNBC report says US lumber producers are scrambling to expand production in Maine; Zacks says the outlook for wood products is strong; and tariffs on Canadian lumber are hitting some NY builders harder than others. In related news: US Senator Roger Wicker (R-Mass) joins members from both sides of the aisle testifying against newsprint tariffs.

In Wood Products news, more on why Portland’s Framework Tower has been cancelled; a setback for tall wood according to Lloyd Alter; but a step forward for wood innovation according to Cees de Jager. Elsewhere, the red forest encroaches on Jasper; a new tree-destroying bug threatens New Jersey; and rat removal is a positive for tropical atoll forests.

Finally, whereas a stick or devining rod may help you find water, tree size is being used by Australian prospectors to find gold!

–Kelly McCloskey, Tree Frog Editor

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