Lumber falls after mortgage rates solidify their move above 6% amid hawkish Fed rate hikes

A discounted batch of planks is seen as people shop for lumber at a Home Depot store in Alhambra, California on May 4, 2022. FREDERIC J. BROWN/AFP via Getty Images Lumber prices extended their 2-day decline to 10% after the Fed hiked interest rates by 75 basis points on Wednesday. The aggressive interest rate hike […]

Lumber prices decline to a new 2022 low as Goldman warns housing market has further room to fall

A discounted batch of planks is seen as people shop for lumber at a Home Depot store in Alhambra, California on May 4, 2022. FREDERIC J. BROWN/AFP via Getty Images Lumber prices fell 4% to a new 2022 low on Tuesday as the housing market continues to cool off. The decline came on the same […]

Beavers Be Dammed Is A Game Of Co-Op Lumber Theft In Lethal Sawmills

Beavers Be Dammed is a co-op game that revolves around a couple of wood-obsessed beavers. Your goal of moving logs from a sawmill to the drop point may SEEM simple, but you’re sure to encounter some increasingly difficult obstacles while having to coordinate with a whole other person! Your journey starts with you and your […]

Trump & Trudeau in ‘war of words’ on trade, as US places 20% tariff on Canadian lumber

President Donald Trump has railed against Mexico and China for unfair trade policies but saved the first tariffs for Canada. Canadian Prime Minister Justin Trudeau predicts Trump’s action will “thicken” the border between the two countries. On Monday, the Department of Commerce announced the Trump administration would impose a 20 percent tariff on Canadian softwood […]

No one is talking about the most insidious part of Trump’s lumber tariff

Joe Raedle / Staff The Trump administration has started slapping tariffs on our trading partners. On Tuesday, Commerce Secretary Wilbur Ross announced a tariff on Canadian lumber. Where that stops, nobody knows. But we do know where it starts from. At its core, this tariff comes from a deep disrespect for the sovereignty of other […]