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Wednesday, April 17, 2013

Lumber + Building Materials Daily - Apr 17, 2013

YOUR DAILY SOURCE FOR UP-TO-DATE WOOD PRODUCTS INFORMATION

Today is April 17, 2013.
THE DAILY BUZZ
 
Hastings: Increase Production to Improve Forest Health
 
Legislation introduced by House Resources Committee Chairman Doc Hastings (R-Wash.) would require the US forest Service to actively manage and increase harvests on federal lands. The NAHB believes the act would help ease volatility in lumber pricing as well as improve the health of the nation's forests.

"The Restoring Healthy Forests for Healthy Communities Act would encourage increased production on federal timber lands, while at the same time remain mindful of important environmental considerations," said Justin Wood of Fish Construction NW Inc., based in Portland, OR. "This legislation will go a long way toward helping rebuild the supply chain and reviving local mills and timber companies, while ensuring the continued recovery of the housing industry."

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THE DAILY MARKET REPORT
 
Futures & Options
 
ContractCloseChangeVolumeOpen Int
May 2013366.90+4.501102359.50
July 2013371.20+7.00812362.60
Sept 2013368.00+4.50115361.70
Nov 2013362.70+6.2011356.00
 

Widman's Market Report & Barometer
 
The Widman Price Forecasting Service includes the Widman Market Report & Barometer, each published twice per month. These publications provide reports and research for the North American Softwoods Market, including price forecasting, indicators and insights.
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TODAY'S NEWS
  International
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OETA Story on Recycled Wood aired on 11/03/09