Softwood lumber outlook for 2018 shaped by wildfires, tariffs

From NCMA's eNews
January 11, 2018

Softwood lumber prices closed out the year at or near record highs in most areas of the country — making the average Random Lengths Composite Price for 2017 the highest in 20 years. “Prices surged early in the year due to the arbitrary tariffs levied on softwood lumber imports from Canada, which impacted roughly one-third of U.S. supply,” said David Logan, NAHB’s tax policy analyst who continually monitors the pulse of building
materials prices. Read more.