CFPZF News and Press, Canfor Corp From 10/28/21

The following slide deck was published by Canfor Corporation in conjunction with their 2021 Q3 earnings call. For further details see: Canfor Corporation 2021 Q3 - Results - Earnings Call Presentation

How Hot is Too Hot? For Timber REITs, scorching-hot lumber demand from the resurgent housing industry - combined with sawmill production bottlenecks - sent lumber prices soaring to extreme levels. Inflating construction materials prices - and the outright inability to source necessary...

Lumber futures in Chicago plunged as much as 4.4% today to $482.90 per 1,000 board feet, the lowest for a most-active contract since October, Bloomberg reports. Prices (LB1:COM) have dropped more than 70% from the record high reached just three months ago. ETFs: WOOD, CUT, NAIL, XHB, ITB Pote...

Canfor Corporation (CFPZF) Q2 2021 Earnings Conference Call July 30, 2021 11:00 AM ET Company Participants Don Kayne - Chief Executive Officer, Canfor Corporation and Canfor Pulp Alan Nicholl - Chief Financial Officer and Executive Vice President, Finance and Canfor Pulp Products Inc. Kevin P...

Taiyou Nomachi/DigitalVision via Getty Images Lumber futures rose by the most since April 2020 today in Chicago on concerns that wildfires in western Canada will reduce supply and cause more curtailments at sawmills. Lumber for September delivery (LB1:COM) settled +7.7% to $584 per 1,000 boar...

PaulGrecaud/iStock via Getty Images Lumber futures (LB1:COM) have surrendered all of their astronomical 2021 gains, settling -5.6% today to $712.90 per 1,000 board feet in Chicago, as demand eases and supply expands in response to earlier gains. At one point, lumber futures were trading as hi...

Taiyou Nomachi/DigitalVision via Getty Images Kyle Little, COO of Sherwood Lumber Corp., said Thursday that he expects a bounce in lumber prices in the next two or three weeks, as the market responds to normal seasonal pressures. Little told CNBC that even with the extreme volatility of the l...

PaulGrecaud/iStock via Getty Images Weyerhaeuser (WY) CEO Devin Stockfish believes the home-building and renovation boom could keep wood demand strong for another decade. But Stockfish says the recent price frenzy - which elevated wood prices above $1,000 per 1,000 board ft. for the firs...

July lumber futures (LB1:COM) reportedly have fallen by the exchange maximum $42, or -3.1%, to $1,284.20 per 1,000 board feet on the Chicago Mercantile Exchange, extending last week's first weekly loss in benchmark lumber prices since January.Citing trade journal Random Lengths, CIBC analyst ...

Lumber futures have quadrupled over the past year, sending prices for framing lumber prices downstream skyward. While lumber future prices have fallen over the past week, future prices will likely stay above $1,000/thousand board feet through the end of the year. Are lumber future...