Lakes States Lumber Association Newsletter
Recent Editions:
Letter From President - Jim Maltese
As we inch closer to the November election the only industry certainty we have ahead is uncertainty. We continue to see a ‘reset’ in production, buying, selling and manufacturing, and not only across our industry but several others as well.
Will this continue after the election? Is it happening because of the election? That’s a conversation over a beverage perhaps! But what is certain is the chart courtesy of HMR. This chart below shows all hardwood market sectors and overall demand for each of them. The interesting point to note is that this is the first time in well, arguably forever, all market sections are ‘fair or slow’.
What does this mean for future hardwood demand? Will we continue to see a decline in production and where is the ‘new normal’ for demand? How many more sawmills will be closing their doors?
Jim Maltese
Stella-Jones Corporation
LSLA President
jmaltese@stella-jones.com
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