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Wednesday, April 24, 2013

Lumber + Building Materials Daily - Apr 24, 2013

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

Today is April 24, 2013.
THE DAILY BUZZ
 
Tough Love for Fir Trees
 
In an effort to identify individual trees with superior resistance to fungus and root rot, 5,000 Douglas Fir seedlings are being intentionally infected in BC greenhouses. Half will be infected with a fungus typically carried by the Douglas Fir beetle, the other half by two different forms of root rot.

More on this story is available in today's Science & Technology category.



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THE DAILY MARKET REPORT
 
Futures & Options: Outside Day
 
ContractCloseChangeVolumeOpen Int
May 2013356.50- .60514357.10
July 2013358.40-2.10416361.20
Sept 2013356.40-1.8074356.30
Nov 2013352.90- .1022352.10
Jan 2014362.90-1.604361.20
Mar 2014366.80-2.403364.10
 
Lumber futures put in an outside day trading above and below the previous day's range in thinly traded light volume. Prices dipped in the after-hours market on follow through long liquidation after closing lower Monday but rebounded on profit taking short covering in front of the expected bullish New Home Sales report. The number was only slightly better showing a 1.5% increase to 415K compared to 411K last month.

...Click here to read the rest of this article.


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
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OETA Story on Recycled Wood aired on 11/03/09