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Friday, May 3, 2013

Lumber + Building Materials Daily - May 03, 2013

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

Today is May 03, 2013.
THE DAILY BUZZ
 
PG&E Logging Damages Archeological Site
 
Damage to American Indian archeological sites led to plans to suspend all logging activity on Pacific Gas and Electric Co's project in the valley 10 miles southwest of Lake Almanor. Officials Immediately expanded the buffer around one site from one acre to three.

"We don't want to impact a cultural site. We're very concerned about that," said PG&E archaeologist James Nelson.

You can read more in today's Enviro & Legislation section.

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

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THE DAILY MARKET REPORT
 
Futures & Options: Consolidates
 
ContractCloseChangeVolumeOpen Int
May 2013339.00-6.50557345.70
July 2013342.70-7.801072351.00
Sept 2013338.60-8.30153347.10
Nov 2013333.50-6.308341.30
 
Lumber futures consolidated yesterday's wide range but closed lower from follow through long liquidation. Despite oversold technical indicators lower cash prices and accumulating inventories continue to weigh on Lumber.

...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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There is 1 new articles in this category today.
 
FINANCIAL  >
There are 2 new articles in this category today.
 
ENVIRO & LEGISLATION  >
There are 3 new articles in this category today.
 
INDUSTRY NEWS  >
There is 1 new articles in this category today.
 
ECON & HOUSING  >
There are 2 new articles in this category today.
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TODAY'S NEWS
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  Industry News
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OETA Story on Recycled Wood aired on 11/03/09