Interfor announces lumber production curtailments across all regions of N. America

Interfor Corporation plans to reduce its lumber production by approximately 175 million board feet (413,329 cubic meters) between May and September of 2024, representing just under 10% of its normal operating stance. The temporary curtailments will impact all of Interfor’s operating regions, including the US South, through a combination of reduced operating hours, prolonged holiday breaks, reconfigured shifting schedules, and extended maintenance shut-downs. The curtailments are in response to persistently weak market conditions. “Benchmark lumber prices have continued to weaken since the beginning of the year, from already unsustainably low levels, as available supply ...