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Bullboard - Stock Discussion Forum Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Forest Products Lumber & Wood Production
Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a... see more

TSX:WEF - Post Discussion

Western Forest Products Inc > GREAT BNN extended interview on lumber..
View:
Post by downwithdotcom1 on Dec 29, 2021 11:00am

GREAT BNN extended interview on lumber..

10.40 ish to 10.49 EST today with ANDY (suprised it didn't take place on COMMODITEES..however ,play it back as its very informative..
GREAT NEWS - lumber contracts expected to trade on average near $1000 for 2022 -much stronger than 2021 average. Lumber producers up strongly today as analyst ratings DON"T REFLECT this step jump/demand in everything lumber going into 2022.
LESS GREAT NEWS - expects 10-12 sawmills in BC with capacity  of 1-2  billion board ft to PERMANENTLY close due to loss of ACCESS to raw wood-partially driven by old growth usage changes.. no names given..
enjoy, dwdc
Comment by geezer21 on Dec 29, 2021 4:07pm
Here is the link to the interview: https://www.bnnbloomberg.ca/the-open/consolidation-in-the-lumber-industry-in-north-america-is-something-i-ve-never-seen-before-timber-analyst~2350728
Western Forest Products Inc
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