Lumber Mills Shutting Down Due To Lower Prices

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Here’s yet another example of a lumber mill reducing its output because of pricing. Canfor, which is one of the largest Candian lumber mills, is reducing their production called curtailments because the price of lumber out the door has dropped significantly.

In some cases, they can’t produce the lumber profitably for the price that the market is willing to pay. So, unfortunately, they’re starting to furlough employees, not purchasing any more raw logging materials, and curtailing their mill output.

So what are your thoughts on curtailment? Is it affecting your markets, affecting your prices, or making it more difficult to get your materials for building packages?

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