After lumber prices surged in 2021 and 2022, the industry began investing to increase production. But because it takes years ...

The strategy for players now is to end the year with no inventory on-hand, so the focus was on selling out any remaining wood ...

Those pandemic-era high prices got a lot of people investing in sawmills (aka the place where a tree goes to become a stick of lumber), particularly in the southern US. Some have closed ...