Shepformation Monthly Newsletter
Information, resources, and news from Shepley for building professionals on Cape Cod and Nantucket.
Lumber Market Updated- June
For most of the industry, May was a quiet sales month due to a lagging demand and, particularly on the East Coast, bouts of soggy weather certainly didn’t help matters.
Lumber Market Report- May
On April 3rd it was announced that Canadian lumber would be spared the 25% reciprocal tariff and, with that, a collective sigh of relief coursed throughout the industry.
Lumber Market Report- April
With what seemed to play out as some sort of large-scale game of “Red Light, Green Light” with President Trump at the helm, the threat of a 25% tariff on Canadian lumber had everyone in the industry on pins and needles throughout March.
“If seeing is believing, some skeptics wouldn't look.”
Laurence Peter, Canadian Writer
Lumber Market Report- March
The 30-day reprieve on a 25% Canadian tariff ordered by President Trump made for an interesting and suspenseful month.
Lumber Market Update- February
Lumber sales started off the new year flat-footed, with concerns about rising mortgage rates, seasonally disruptive weather and, with the inauguration of President Trump, threats of tariffs to be assessed on Canadian lumber.
Lumber Market Update- January
A seasonal fade in demand cooled the lumber market last month, which gave mills some much needed time to rebuild depleted stock, a challenge that they have been under since early October.