RE:RE:Mising the boatSandHeads wrote: That is just not true. WEF sells only 1/4 of there production into the USA and it is all specialty lumber getting double the price of the pine commodity lumber Canadian companies produce in the SouthEast USA. The Timber Barons own the logs in the USA and and pocket most the money. Why do you think they sold their mills off? To make more money of course.
Log cost in the BC interior is many times greater than the southern USA. It's supply and demand mostly -- there are way too many logs in the south.
A few months ago we say this presention. As memory serves, Paul reports that prices are $23 per ton. A ton is loosely a M3. That's maybe 3 to 4 times cheaper than BC. That's why people are going to the US bro, it's not to prop up these mysterious "timber barons" but that's a mightly fun straw man agruement you have there.
Paul Quinn, Paper & Forest Products Analyst, RBC – March 21, 2018 https://www.youtube.com/watch?v=GvqLOp6mcRU WY is not illustrative as they are diversified, but CTT is a good example. A pure-play southern landowner. Maybe 600,000 acres or so. It's share price sucks. Not supre good to be a landowner for the time being until capacity really increases to tension the market.