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Monday, June 10, 2013

Lumber + Building Materials Daily - Jun 10, 2013

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

Today is June 10, 2013.
THE DAILY BUZZ
 
Will More States Ban LEED Certification from Government Building Projects?
 
A number of states, such as Georgia, Alabama, Maine, Mississippi and South Carolina, have in the recent past banned state government construction projects from seeking LEED certification. State forestry critics say that LEED standards unfairly prevent many states' timber growers from taking part in the booming green-building market, and LEED stakeholders this month may consider revising the green-building standards administered by the nonprofit U.S. Green Building Council in light of the state backlash.

"Prior to my executive order, some 99 percent of Georgia's forests were unfairly excluded from consideration as being an appropriate green material for building," Georgia's Governor Nathan Deal said.

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THE DAILY MARKET REPORT
 
Futures & Options: "Trades Both Sides"
 
ContractCloseChangeVolumeOpen Int
JUL13308.90 + 103503324
SEP13313.60- 301472889
NOV13318.00+ 20027583
JAN14327.00+ 100----31
MAR14330.10+ 100----11
MAY14330.20+ 100----5
 
Lumber Futures traded both sides of unchanged on continued consolidation trade. Prices were flat to lower in the after-hours market on light long liquidation. Follow through selling pushed prices lower accelerating the decline on "stop loss" sell orders into and through yesterday low in July of $304.30. End of the week profit taking short covering into the middle of chart related support set the session low at $302.10 in July and $308.10 in September.

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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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INDUSTRY NEWS  >
There are 4 new articles in this category today.
 
ECON & HOUSING  >
There is 1 new articles in this category today.
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TODAY'S NEWS
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OETA Story on Recycled Wood aired on 11/03/09