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Softwood lumber prices finally exceeded break-even levels at the end of 2024 but not before many lumber producers reduced capacity. Total 2023 North American softwood lumber production capacity was over 75 billion board feet (BBFT). North American lumber capacity increased more…
This blog includes data from Forisk’s North American Mill Capacity Database, a database of over 2,300 wood-using mills in North America. For more information on the mill database or Forisk’s other products, please visit www.forisk.com or contact Nick DiLuzio at ndiluzio@forisk.com. more…
Prepared by: Thomas Black, Forisk Intern Southern softwood sawmills invested heavily over the past 10-15 years to gain efficiency. Lumber conversion rates, also known as recovery rates, overrun, or underrun, represent a ratio of tons of feedstock consumed to produce more…
This blog includes data from Forisk’s North American Mill Capacity Database, a database of over 2,300 wood-using mills in North America. For more information on the mill database or Forisk’s other products, please visit or contact Nick DiLuzio at ndiluzio@forisk.com. more…
After peaking the past three years, softwood lumber prices finally returned to break-even levels in 2023. Poorly positioned lumber producers closed, reducing North American lumber capacity by 2% after gains in 2022 and 2021. Closures included 9 sawmills with capacities more…
Utilization is the act of making practical use of something. For industrial purposes, utilization is the percent of name plate capacity used to produce a product; it is calculated as production divided by capacity for a set time period. Forisk more…