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My understanding is the Canadian government put limits last year on how much timber could be cut. So their prices were going up no matter what.
by spamizbad 6y ago
My understanding is the Canadian government put limits last year on how much timber could be cut. So their prices were going up no matter what.
- margalabargala 6y agoMills are the issue, not timber. There's an excess of raw timber right now, all of the wood from the wildfires in the PNW last year is being salvaged currently.
- idiotsecant 6y agoit's not just firewood supplies (not sure how much that impacts the market, and the PNW has a more or less permanent fire season each year now anyhow) - The market has been glutted with raw timber for a decade. There has been a huge oversupply for quite a while. This continues to today - just because lumber mills are making money hand over fist doesn't mean raw timber producers are.