Canadian mill investments in the U.S. South result in high sawmilling margins

Canadian mill investments in the U.S. South result in high sawmilling margins
With few mill acquisitions, almost all of the production gains arose from improvements at existing mills. Of the top 40 companies, 8 in Canada and 6 in the U.S. recorded production declines - not the trend you'd expect during a time of near-record-high to record-high lumber prices.    Total Canadian softwood lumber shipments declined by 1.7% to 28.0 billion bf while U.S. production increased by 3.7% to 33.9 billion bf.    The top 10 Canadian producers have seen their shipments grow at a slightly slower ...

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