US softwood lumber production up 4.2% in 2017

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WWPA/Fordaq
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U.S. sawmills increased softwood lumber production by 4.2% in 2017 to a full-year total of 33.888 billion board ft. (bbf), up from 32.535 bbf in 2016, the Western Wood Products Assn. (WWPA) of Portland, Oregon, reported.

Of the 2017 total, Western U.S. sawmills accounted for 14.063 bbf, a 3.0% increase from 13.654 bbf in 2016, while Southern U.S. sawmills contributed 18.229 bbf - up 5.1% from 17.349 bbf.

In December 2017, softwood lumber production was 2,600 bbf, a year-over-year increase of 6.0% from 2.453 bbf, but down 1.6% from 2.643 bbf in the previous month.

Western sawmills contributed 1.057 bbf to December's production, a 2.1% gain from 1.036 bbf in December 2016, but down 8.5% from 1.155 bbf in November 2016.

Sawmills in the South produced 1.420 bbf in December, up 9.1% from 1.302 bbf a year earlier, and 4.2% higher than production in November 2017 of 1.363 bbf.

Apparent U.S. softwood lumber consumption advanced 1.1% to 47.865 bbf in 2017 from 47.367 bbf in 2016. In December, consumption was 3.713 bbf - up 2.9% from 3.609 bbf in December 2016, but down 3.3% from 3.837 bbf in November 2017.

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