Lumber Futures Bounce 2.7% From a 13-Month Low: What Timber Buyers Should Do in Mid-October 2026 — Lord Wood
Lord Wood presents its timber brief for Monday, 12 October 2026. The key news: North American lumber futures closed Friday 9 October at about $532.53 per thousand board feet (mbf), up 2.7% on the day. Earlier in the week they fell to about $523.50, the lowest since September 2025. Prices are still down about 8% […]
Iraq Suspends Advance Customs Collection as the Dinar Is Devalued: What It Means for Timber Importers — Lord Wood, October 8, 2026
Lord Wood presents its timber brief for Thursday, October 8, 2026. Two decisions, one day: Iraq’s Finance Ministry set a new official rate of 1,500 dinars per dollar and suspended the advance collection of customs duties and tax deposits on imports. The good news for importers: Without advance customs deposits, less cash is locked up before your […]
Weak US Jobs Data Pulls Yields Lower: What It Means for Timber Financing Costs — Lord Wood, October 2, 2026
Meta: US payrolls rose only 29,000 in September 2026 and Treasury yields fell. Lord Wood explains what lower financing costs mean for timber buyers and construction projects. Lord Wood presents its timber brief for Friday, October 2, 2026. The news: The US added just 29,000 jobs in September. Treasury yields fell as markets moved toward […]
Oil Falls 2.6% as Saudi Red Sea Exports Recover: What It Means for Delivered Timber Costs — Lord Wood, September 30, 2026
Lord Wood presents its timber brief for Wednesday, September 30, 2026. Our thoughts are with everyone affected across the region. The key news: Brent fell 2.6% to $102.59 on Tuesday after Saudi Arabia’s Yanbu terminal returned to operation following this month’s pipeline attack. Oil is still up about 13% in September. Why it matters for […]
Lord Wood Timber Brief — September 28, 2026: Wood at a Nine-Month Low, Money at a Two-Decade High — Buy the Timber, Budget the Finance
Lord Wood presents its timber brief for Monday, September 28, 2026. Our thoughts are with everyone affected across the region. This month’s picture for project buyers is unusual: the wood itself is cheap, but money and freight are expensive — and your contract should reflect both. The Market CME lumber futures closed Friday at $538 […]
A powerful storm caused millions of cubic meters of timber to be cut down in northern Sweden
A powerful storm struck northern Sweden on January 7, 2026, causing millions of cubic meters of timber to fall due to strong winds. The storm destroyed vast areas of forests and trees. Initial estimates indicate that several million cubic meters of timber fell in northern Sweden alone, representing significant damage to the forestry sector. These […]
Reclaimed wood with historical significance is in high demand
Sales of reclaimed wood are booming, with heartwood and oak being the most sought-after. Customers prefer hand-carved beams for their historical value and the marks of use that reflect their authentic character. This type of wood is widely used in decorative projects and cladding rather than for structural purposes. Most reclaimed wood is sourced from […]
US sawmill capacity rises, but actual production remains stagnant
US sawmills have recently increased their capacity, reflecting new investments in expansion and modernization within the industry. However, actual production has not kept pace, remaining at relatively stable levels. This discrepancy is attributed to weak demand and housing market volatility. Operational challenges and labor costs have also limited the utilization of available capacity. Analysts believe […]
Russia Hosts Woodex 2025: A Leading Exhibition for the Wood and Furniture Industry
Woodex 2025 was held in Moscow, Russia, from December 2-5, 2025. It is considered one of Europe’s leading trade fairs specializing in the wood and woodworking industry. The fair focused on showcasing the latest wood processing technologies and advanced production lines, as well as innovations in furniture manufacturing and related accessories. The event brought together […]
Global Wood Products Market Expected to Grow Strongly Until 2033, Fueled by Construction and Packaging
A recent report reveals that the global wood and wood products market is poised for significant growth in the coming years, with its size projected to reach $1.46 trillion by 2033, compared to approximately $981 billion in 2024. This growth is driven by increased demand from the construction, furniture, and packaging sectors, as well as […]