Lumber + Building Materials Daily - Jul 05, 2013

YOUR DAILY SOURCE FOR UP-TO-DATE WOOD PRODUCTS INFORMATION Today is July 05, 2013. THE DAILY BUZZ   Progress at Babine Mill   Construction on the new smaller mill at the site of the Burns Lake mill is on schedule, according to Hampton Affiliates representatives. Despite the one-third smaller size, the mill will still employ hundreds early next year. More on this story is available in today's Industry News section. Send an email to the editor: editor@lbmdaily.com THE DAILY MARKET REPORT   Futures & Options: Rising Cash   Contract Close Change Volume Open Int July 2013 305.20 +10.00 310 297.30 Sept 2013 307.90 +10.00 350 300.30 Nov 2013 307.50 +10.00 45 301.40 Jan 2014   Lumber futures closed sharply higher Wednesday in reaction to rising cash prices. Buying increased in the cash markets led by seasonally low basis on many cash items. Traders took advantage of the opportunities to lock in very attractive basis levels buying the cash and selling the premiums in either the September or November contracts while producers gained order files selling into the now "spot" July contract for delivery later in August. ...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. >> Click for Sample Issue   TODAY'S NEWS   FINANCIAL  > There is 1 new articles in this category today.   ENVIRO & LEGISLATION  > There are 5 new articles in this category today.   INDUSTRY NEWS  > There are 5 new articles in this category today.   ECON & HOUSING  > There are 3 new articles in this category today. Upgrade your LBM Daily Subscription today! Get full access to all news every day for only $15 each month. Click here to Order Today TODAY'S NEWS   International   Financial   Enviro & Legislation   Industry News   Econ & Housing   Science & Tech Advertise in the LBM Daily     customer service >  user agreement >  privacy policy >

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