September 2015 Macro Pulse -- Are U.S. Softwood Lumber Producers About to be “SLAin”?

As most forest-products industry watchers are aware, the nine-year-old Softwood Lumber Agreement (SLA) -- which regulates Canadian softwood lumber exported to the United States -- is slated to expire on October 12, 2015. With the SLA’s quotas and taxes going away, is the U.S. market about to be inundated by cheap Canadian wood surging south? If Business Vancouver is to be believed, “a wall of wood, gift-wrapped in devalued Canadian mill wrap...is accumulating at sawmills, transit yards and rail points inside Canada.” So, is the threat real or just hyperbole?

Click here to find out by reading the rest of the September 2015 Macro Pulse recap.

The Macro Pulse blog is a commentary about recent economic developments affecting the forest products industry. The monthly Macro Pulse newsletter summarizes the previous 30 days of commentary available on this website.