British Columbia is sharply increasing the cost of logs for lumber producers just as wood products prices slump and Canadian sawmills expand in the U.S. Lumber producers will pay $76.22 per cubic meter of softwood sawlogs from the province’s interior in the third quarter. That is a 74 percent jump from this quarter and more than triple what they paid a year ago. Higher log prices reduce the ability of lumber producers to compete against sawmills in the U.S. Producers could be further encouraged ...
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