Timber Trouble: Why Lumber Mills Are Shutting Down Amid Price Drops

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Highlights:
  • Discussion on how Canfor, one of Canada's largest lumber mills, is reducing output due to market conditions.
  • Insight into the reasons behind curtailments:
    • Lumber pricing has dropped significantly.
    • Mills face challenges producing lumber profitably at current market prices.
  • Overview of the consequences:
    • Employee furloughs.
    • Suspension of raw log material purchases.
    • Reduced mill production.
  • Questions posed to the audience:
    • How are curtailments affecting your market?
    • Are these changes impacting your prices or making it harder to acquire materials for your build packages?
Join the conversation and share your thoughts! 
Timber Trouble: Why Lumber Mills Are Shutting Down Amid Price Drops
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