November Trade Data Released
USDA’s Foreign Agricultural Service recently reported exports of Southern Pine to be approximately 41.3 million board feet (MMbf) for November 2013. This volume represents an increase of 23% above the same month last year, supporting a solid year-to-date boost of 16% when compared with the first eleven months of 2012. Offshore shipments during November roughly break down as follows: 23.9 MMbf dressed, 8.9 MMbf rough, and 8.5 MMbf treated lumber.
Softwood lumber imports to the U.S. during November were just over 985 million board feet (MMbf), up 13% from the volume imported during November of 2012. Canada shipped approximately 955 MMbf into the U.S. in November. For the first eleven months of last year, the volume of imports remained steady, running 15% ahead of the rate recorded during the first eleven months of 2012.
SFPA members can find detailed monthly reports in the Members Only section at www.SFPA.org. For questions, contact Vernon Barabino at 504/443-4464, ext. 224, or e-mail him at firstname.lastname@example.org.