How To Read

ills, y rt o
onsec- rate m r 2x4, widel als were repoifornia, prices d prices of

cond-c Bt
for a se . Downside In #1& while a few de orthern Cal e slowed, an ixed; some
t Rerps
le digits ts e , N
quotes k’s levels. In les of low gr onomy were ed levels.
ad m
017 pe d by douballer incremenrelative va lu ee . Sa Ec rt
op a with last w ined on repo
rrows dr sm
e
fell in ewed as in step sion ga Reports rage at
k
of the naeek. 2x8& wdr h, as it was vi 2x4 softened ast held; #3 dimen and #3 held. dn’t find cove to higher.
Lumber Market Repo r

l Maarket Indicato
utive w ited on 12-incng species. #3 Economy at le rs, but buy- Utilit y id they coul es were firm
sa ic
rt
te
was lim d to competi #3 prices and odest coun ntories. buyers mension pr
e
re m di
compa but all other s opened to eir own inve
n
4-inch
mber a
r, ill th
P Panel M
#2&Bt ed. MSR m , working off rs re, wit
h $42
5
k. Buye
Stud Lu
in $)*
Lum 2x6 ga a low profi le midwee . Most mills d pressu major in hgs(
ber Market Indicator pt up at wnwar
der do ly wea k. One probing for
Wee
kly C d
This
ers ke s P- F pi cked h counters
it
stern S- sted mills w t some held ts, giving
to th ei r
m e un
uds ca F particular gressive in d $20-plus Ye ar A go 52 -Wee
k Tren
$ 40
g in Ea es of st 9
Last
$34
Year k
te P- ag te
Tradin of coverage unteroffers, bu ed shipmen ntories had A Pric Western S- particularly prices reflec ts. 2x6k Last 7
Week Week
$425 Wee
Ago
Price $402 $407 $322 $400 in need to od es t co ta ge
300 s slow field inve . W it h tr en ds in ad a w as
R ep or ted ub le digi This Weever- $40 252 $
m g Lumbe shor nsed buying Can 9s. by do ess.4O04 rted 343
opened Compo d trucr k aders se m round of stronger Western levels on 2x4- 4 8-foot fell ed nonethel F;
Framin
$ repo 506
354 . Car an site Price me tr 250 2x
quotes me buffer. So ted a near-ter ills realized ered strong g
tradin r the week. lient, but dipp EatestPer n S-P- 3th
369 290 ms
$375 rice 43 for 534 531 t of ite
rtland) 370 s so ci pa , m ga rn in s fo re si 9s in si st re ng r a lis in eachto
370 mill anti ng gs d drop ore 4-l Comp ly lesidteto
o
4 y,
wea keni ixed loadin 2x6 wea kene ht
Fo
ess inl P2x ob3bl
200 ed
d, and were m
322
400 * includposite, go , then
were w 5week of 59 7 373- 2
4
thinne adian dollar e U.S150 prices d to wea kn ct$1 ane supp mpo
ra Tightoard Co2x6-9s te
$350
484 490 373 .M 2x4 an
d g straig le u u 5. nd8s d quiet 588ers
com .rlpi.comseful
the Can on sa les to th loads. #1&2 ht spot amon Strto -41 33 wwwepth > U ly
supply opped up ra4- an Cow
HOW TO
B
mpok. A
si
tsd. St2x d e ea uc 17 400 13 In D > Mon ices
th
ig me prod9y0off 225
320 s dr ooer
return ms to straight oot100 prices in most mOarrieke
$325
as a br markets. lysww
332 nte
227
w 2x 4- 10P er . So -4er- 4 Data posite Pr
-f all ere. rn Pin at to lo
e w po si
Com pete w it h
te dr3 02 75 5 Com
525 510 premiu kets. 2x4 14 th50 ened in ecies, 2x3-8s 8s fared beSottuthpr ices fllywoto
305
mber sp ing.
345 $300 od co mern 4 5
. m ar re ng g lu t 2x 6- r le ft 825 47.2
U .S 6 st in bu Fi P 9s ll. 0 5
am green ern2x4- ate10 fe
r th 3
s. #3 2x her framCoast dry fr with
–3.4 Fi
d So also
–5.1 u 0
–8.2 ston R 4- s s
of market activity, based $275
leng th 0
ess in ot to ths, sa les in their quotWese ke" 4rs-p.ly2x the w8ee
825 k. 48.5
We
puting the index, the on a ratio of western
Random Lengths Index Recen
t weaknP-F, filtered in on most wid finished ta
lowered t found few15/324-ply West h Centrso
ern al) through 4lo.7 ads
5
buye
ft de -
data are compared with
^ n-50S- ters ices rt ned stern ipping aiting rket ek ’s
years.
Coast arly Canadia ened to coun . Reported prwhich held. ings, bu
$250
1Q 16 2Q 16 1/2" rSB
Fi re (Nmoai d Wed quick-sh es w m a w er
1Q 17ucers op-100vulnerab
le as6 O d s ha ix d e
particul pr r 2x10, e hesitant to lin
3Q 16 " e
Dougl7/1 pr Saner er M the side -tiere of the wions oft
4Q 16
ir od arly #2&Bt of dr y of/32" od AC uc
Veneed on rted ontw do
Hem-F ows particul ception of ies, but wer as spotty Prices ing number 23 m1/1 " CyDstay ere repore^ maiAnered muc most re -
h g nu
r os
0tl
t cuts w inagsrd
ew Dry Framing Lumber -8 lo w lle d ho
ex
the narr er, wit h the les in invent d business w was most
uc kl
or
oa kn es s fe ll
A grow e, but buyersFi Double-digi -Fir offer
ai la bl ns id e. 6. H em n
rals flat
d .
Boicresieat
Pr a s gIn arnlaenducers in held ask ght
d n d o u
i
$5
e bu ye rs fi e. Lo ca l tr as Fir, wea d #2 &Btr av
rt he r dow 2x4 and 2x S
le tve e c o ndms rlosesi; ng pro ter a
la w h ob t
Som m gl an ly for fu d
astkieng Sre s
asrtedeite a r
o p- utor s n
me sa les
eakened by varying degre ha se in volu . In dr y Dou es of #1&Btr competitive er s in both
s he ld
ie n B ,po w re sp thercex
e a h ce ib
h la c e
es. Southern Pine ^ purc y rain d pric noted and 9-foot d producer Orall bu tintwOo l sa2x les 9s wlaer te Mclin desd,isw m
trit l rep
il sheathin medi-
g
ff between buyers and to heav 2x4. Reporte r of traders held in best, ls. h ped .ES il P s6- to e de s an ely
sellers, Diminished sales dueactiv slim, anea kened, witvelo ned ss Merot
-L
le s in ledleth sa ler ec
w iff
b lo. StSouth, vered im ip-
READ
o a free-fall, as was the abundance of prompt ntityinand an numbe ills. 2x
6 k’s leve 8s an fier tive
case in mill offerings exert aped pare A
digits. Canadian m des of last wee mills w r&larch 2x4-busidte2xd6o9- rdfo . W$4 ho05, resp y sold Insh thed e s co pt sh ill
of sharp double-digit
drops
pressure on most price
s. Many mills held by do
down
uble ward om th si go ti - $5 -1 5; Fi h 2x 4 an q u o $4 ls fi
00 rm and uar y sramllarrokefitt.pu l. B uyer d prom rest in m er
quotest fr
ock to last ne rc as e r xa p e re duc
s at about a 50% retra week ’s reported levels
iced
s close ed on bo willing
to r&La
tion. Fi pping to as in
low g lev th Fkeeby Te ed a l lev offe inte
un. Southern Pine price nt
ceme order files dwindled.
, but accepted counpr ters more w e repolyrtas
erreadi er s were ms. Howev ld
er,
di rs om
frrin g thee .ill turn t the mil ries who ed litt le . One pro , but
es uc es de u st
er a 1w
ed amid muted dema s
Large distributors and ic
pr treaters land pr
od
selected
ite
ough to
ho qu ot
tition fo
r or d
$10-st15s a
lon w
d
craw h secop
l nd so a nshs Ap
a lerseklyr than the Southn.
o r il e a st
daeri
purchases to immediat limited
mber Composite Price The
nd. e needs and fi lled in Some Inlist prices on pace was en Inland compe inted prices co wed to a rougC osYetxttxttxtm
aarnd oCheWe aanrlgeies($)*314 in e regio
citing concern about
near-term downside Inlanngly,
spari d ^oft en r les
off thei sporadic sa ined about $5 contrast,
at fingerjo slo edsPth ri01_ ce rim.
paotesinete nd
im.
stto
shed eont n nch at $ ghout th
_D im.
uGZ les, a
LC GZ _D
ness was most evident risk. ight lyweak ib
GZ _D txt
in #2 2x6 in the westsate slPrice m

LC La im. txt
2, still $80 higher than - the C o Thisistr
01_ LC GZ _D im.
m Ag
txt
er fi ghou
01_ _D
ga In A r
01_ LC GZ ek_D
ip
im. txt
10 d. e D 01_LC
-i
im.
the ed 0.
GZ txt
u
Lumb
We _D
ide po rt r 2x an ge -1 n t. ek01_ LC
LC
r sh
GZ _D im. txt
6 ro rd
zones. Double-digit disco ftxttxttxt71/1 flat th
im.
ped $5 owed up on o throu rn
GZ txt
heand rs recentrrcalh #2&Bt were unch me ings fo
We 01_
01_ LC GZ _D
_D
_St im.
ud. txt
LC im.
ud.
or slip
01_ LC GZ
HA _D
oud.
_St ud. txt txt
eastside, primarily amon unts surfaced in #2ot2x4. on d3s_St

01_
02_ LCGZ HA
HA_St 33
widths e B.C. Interi Hem-Fir sh d $3-5. e back eather Weste
01_
02_
Fir& theLa o ffer 39
02_LC
7k02_ 40
loLC
LC aHA
HA
HA
_St
_St
ud.
ud.
ud.
wtxt
tt is ll
rm he r u c 02_ LC HA _St
e r
ud. txt
fe the
_St
g mills in the southernmost fi ot r/ n tr 02_
02_
02_ LC
LC HA
th _St ud.
w.tx
ud. txt
s or w in
t of th hite Fi h 2x8 slippe ifornia oHA n ls
le sio 02_ LC HA _St
_Lo w.tx
ud. txt 9
Discounts were less preva sold s36 regio ged. Po s for mil ded into s. M
t
ills, whi
en 02_
re LC HA
HB _St
_Lo 28ttt
w.tx
tly positive for the longe states h Dim
HB
e03_ 6_Lo
in. gs ou
LC w.tx
gs of W
HB
37
e w903_
02_
03_ _Lo w.tx
-Lengt 03_LC
north. #2 2x12 held up lent among eastsidemmills
HB
ttttt 9er n
LC _Lo w.tx
ug al
tt
downward correction r
HB
r offer
_Lo
erompt loadin Btr 2x4 thro Northern C 4 1800f
LC w.tx
pric an
HB
Random n
_Lo
a le
03_ LC w.tx
best. Westside mills #2&Btfarth

HB
r th te
unch impy s gion ex te eld quo et,
03_
03_ LC HB _Lo
_Lo w.tx
in pr & in
03_
03_
LC
LC
LC
HB
HB
HC
HB 2_Lo n
_Br
_Lo
_Br od.tx
w.tx
22
w.tx
d.tx
d.tx tt
ike. Secondaries focus shipped this width into occaswional or e

ly Bt r/ #2 m ill s rc h 2x 30
03_
04_
003_
e
04_
r s 30
LC
LCinHC
HC
HC
_Br
_Br d.tx
d.tx
w tt ere
tt
s k s h rk
the central zone to takefe m es of Std&
_Br
t ma
04_
r&La ailable for at re
LC d.tx
c er
n
Dimen roduc 04_ sd.tx
04_ HC _Br
d to
LC d.tx
from sio
0e
HC
Stud 04_ _Br d.tx
n
MSR, Fi
LC tt 4
ed LCHC
rHC ic _Br
stxttxttxttxttxtt le les in th d produ ted a fla t discou
Btr 2x12
of the price spread betw
04_
pLC _Br 60
d.tx
op. txt
advanic
t
ories. Dealers with order een zones. 2x8 produ and pr tage e av ndom P r te3d04_
04_ LC
62
HC
HC
HD _Br
_Sh d.tx
op.
eop.
txt
of #2& w as $385. In 6 2400f wer emium 2x6

04_ LC _Br
_Sh op.
ade Ra
05_ LCHC HD _Sh
HD
W op.
etttr fi ter, an repor dea l a d nee
repo h of05_
62 04_
05_
05_LC
eHD
_Sh
ion yards and wholesale s Low-Gr

LC _Sh op.
relatively thin. Trend ctionffrema gsined thLC HD _Sh op.
O erin po lo 05_ HD _Sh
rd
txt 5
2x pr
LC HD op.
otDr 64 txt
rted as th 2x4 and d the small
_Sh
a lso
05_
y.txtt or la
op.
s in #1 were similar to 05_ LC HD
il6_Cs l_Sh
_Sh txt
y.tx
ck vere
muc69d2a05_
LC op. txt
r 05_ 68 HD op. y.tx
ada of a blo rkets co ers in C

LC HD tDr y.tx
.M
05_ HE _Sh
of the inventories they those seen er e rein #2. t bo te Board
06_
05_
06_
LC
LC
LC
HD
HE
HE
HE
_Cs
_Cs
_Cs
h
tDr
tDr
tDr 2y.tx 06tttt
y.tx
n
w , bu s no n a 06_ LC HE _Cs
rc
tDr y.tx
a
rnttttt C cu lated red ma custom
_Cs
held Most lower-grade items adily ader Bt r Ca 37o9f06_
06_
06_
06_
M
LC
LC aHE
HE
HE _Cs
3_Cs
_Cs
tDr
tDr31
tDr
y.tx
y.tx tt
sold re shipment. Tr r.
LC
38 y.tx
d Mldg&
d.tx
nt mill levels. were tight and firm. ud week 07_
06_ LC
LC HE
HE
HF _Cs
_In
a_In
lan
slan ted.tx
tDr
tDrd.tx y.tx
r3tttt cir n delive ies from

06_ LC _Cs
_In
Shop an E
06_ LCHE HF _In lan
lan d.tx
06_ HF d.tx t
however, were more #3 and #4 pt &Bt and St ers07_
07_
07_
inLC LC HF _In lan
lan 39 d.tx
od.tx
prom2x4,
LCHF
over #2 plan d.tx
ber
07_ HF9 _In lan
readi ndom
trad460u07_
07_LC 45 re
_In lan
r
counts surfaced. Stron ly available, and moderate18dis-
LCHF
aHF
_In lan d.tx
tt tt
P.txttt e ste ir
wttt 7 s. Inqu
d.tx
Dry Ra
00f held
_In P.tx
hLC
ing Lum
07_ HF _In
_SY d.tx
ho g07_ ib
LC lan P.tx
Coast
07_ HF
HG _In_SY
uyers, producers strug g demand and brisk
07_
08_
08_
LC
LC HF
HG
HG
s9_SY
_SY
_SYP.tx
in 36
P.tx
distr
arie
LC
gled fi rm to higher prices in timb sales supported a lt 08_
08_
m
LC
e
43
LC r
HG
HG
HG _SY
_SY
P.tx
P.tx
d and eather
Fram
08_ LC P.tx
ays among the railro - 6 HG
n t.txt
ilers
_SY
Custou08_
08_ P.tx
43 08_LC LC
oSPF t.txt
&Btr di
HG
e0c_W
08_ _SY P.tx
SPF
Inland
HG _SY t.txt
ads ers. The westside LC
sHH P.tx
Reta warm w es fro

LCHG _SY
Green
_W SPF 4
active. Treaters stock Std/#2 t were all
08_
hLC HG
HH _W 27 .txt
ing up for spring were was especially

09_
8g09_
08_
09_ HH _W SPF
SPF .txt
ls persisted. As mills n Fi r Pine ro
09_ LC
36
LC
LC
HH
HH
HH
_W_W SPF
SPF
.txt
.txt
.txt
^ d ic
ke th 09_
.
_W SPF
oodperience p mill pr nd we
LC
ee rn 34 .txt
seLC
HH _W
the mar
09_ SPF
Upward price momentum key drivers. les of gr Sout he 09_ LC HH _W F.tx
SPF tt
.txt
ecies
LC .txt
nia41ro910_
HH _W
shipped on shorter hauls 09_ HH
HI_ ESP
ESPSPF
_W F.tx
34 tt 5
Ptttt 7 w
09_ LC F.tx
Mill sa d reports on es of dr y sp uc-
HH
in Standard deck ing 09_ LC HI_
3ESP F.tx
F.txtt
F.txttt ly
st ex hmto kee ntories a hand
HI_ ESP
, steady but unspectac stalled amid rn S-P-
F
09_
10_
10_ 42
LC
LC HI_
HI_ ESP
ESPF.tx
s Fir ^
10_ LC
eased. With the truck ular t, an pric , prod Weste
10_
10_ LC HI_
HI_ESP
rESP nF.tx F.tx
t thea
price gains on Premium sales. Eastside mills garneredDmild eHI_
LC
LCHI_ ESP
ouglaremained quieg wea kness inthe most part d con-

10_ F.tx
F.tx
10_
hLCLCLC GrD36
ESP
GrD F.tx
F.tx
u to wwnw.orlpui.co g ve ght
ou3t10_ o,tttttgo
HI_
HJ_ ESP
10_ 3GrD F.tx
SF.tx ’t e naged in ost bou ction. O
10_ HI_
HJ_
e delays frustrated buy- items in which the sprea P-F S41
11_
11_
11_ 41
LC HJ_
HJ_GrD
thGrD eosite F.tx
F.tx
stern S-
LC
wests ide d with si on re ad in t fo r re m ai ne ng Ea y
11_
,
11_
11_ a LC
LC s HJ_ HJ_
HJ_
mp
GrD
GrD
GrD
F.tx
F.tx
w
F.tx tt sns.
a a M t dire rch
F and Southern Pine zone was especially wide mtheen ap. Sp sidelines, bu smen enishi t in sea 11_
11_ coLC HJ_ GrD
y F.tx t ce
tly m lumes. a…
ludedbu nth11_
ch LC Pri
. Price s e m sa le pl las Fir
11_ LC
LCv
LC
ti
HJ_HJ_
mp HJ_itGrD
GrD
os F.tx
ite
h e a
were re c g 10 rk
11_Co
fl at. Trucking tightened signi other wiseover th e ill ose to for modes Do ug inc aly
rs ti rger von o page of M ott y
prices intensified. Whil
e ficantly in some regio ye rs on th quotes. M er e cl Gree n of ite ms
For a list > Useful Da
ta > the Mo
u y e a re rm e e k sp
w in
ns. kept bu n Fir held B lainue a cle the w s. The
d
ia ped ing s. 1–
ing. rchaCo sent
ence, definitive weak Californ buyers step eated follow e
week Depth
* 52 ck on In r m
species.
ness Spruce-Pine-Fir ^ er s of greeat buyers in so m e re tr to se and cli
to pu aiting fonded intoir quote open to te
Price s of #2&Btr remained le ic es ng ew the uo
treat, although mills
dug in re-vinced th ntories. W hi to see if pr er and waiti prices whil mills e firm to ducers lished q
xte to
nticipated strengthen up of most ly wholesale in after a midweek flurryFlmade their inve many waited treading wat an. Reported m o st hold e p ro stab
e
r
sold in the $350s gave short covering. A few block
orida, s, e sm to som eir cou
-
producers a respite from linsa of
Tepuxarcs,hase ra lly. “We arone mill sa le tried rompted ining th it dis
ill in command in some ha2x4
ve led e reW ceasnthing
other wise a free-fall what
as mwas tot,” said it y p e mainta le-digRated sh
ck consumption. A lin- in prices, particularly easure th ho popuin laks firs n, Califo doub . s
now, had producers in Some mills firmed quote
s on 4-inc
in 2x4foand rn ia2x6. dwby siblng tion gains. Th rnia, and N M whil o ff ered y to shipwea k nes -
h in the $360-370 range , Georg le e or arch 10 r s ad r $2
was underway. A coup but they saw little if any , ia, Nor -family perm hottest states th Caro- 17, 2017 lesa le els re greate own
in the field of secondariefollow-through. ReportsOcircu rch 10, 20
op show pulled trade
rs
le
well under mill levels s continuing to sell out34
n lated
the supp
of.2reloa ly si
th Car
ol in a, and
its, wer
e Fl
Tennes orida, Cali-
in 2016
, Ma
10 3
W ho for pan showed flat to d nderlay
levels estside es were ices of the u com
n, a s d
av
portion of the week.
week ’s March close also
. Weak ness in futures
ahead bbf ds in 2017 de, U.S. lum see. million MDF Im the w rted pric kept pr ortatiobac kasord
e
in 201 ports Slippe
contofinnext
gave buyers pause. Repo ue to do , up from 32 ber producti Repo ailabilit h transp tes inAb
y creove
m3
.. . Thrted price s minate, .7 bbf in on is fo nt foa

g e Coa 5
6 , But S d s v it r a e
Other Item
f a w d m
n Risin
st wit h ou re o d n
the Inla will lead 2016. Th cast at le atic a
rugg d eofrrwe r shipharvest
Your Guide to
uctio nd 9… tp
produc the way in th ut expected Sout h will
e till Str st- dy fo
r Prod d feet) 2018 2019
Continued on page
ing 5.2 e
bbf (tab West wit h 8. top 18 bbf.
to
4
ontedg that stsup mainthe
pliees ing reas. log dec
s siirtt career
.S . L umbeillions of boar 17 9,05
4 Import
s from le). 7 bbf, an 3
ar ds
traders no
^ Veteran as they have seenloinad her prices.
pushed
tance.
U (m 20 8,92
0
5,27
5
w ar d track, C anada
ar e
d Bo
ard s were as tig
ht
nd ed firm to hig and prices
20 ri si fo recast ern bo ma but su
20 16 8,74
5
5,24
9
511
16. Ship
m
ng to 15
.8 to re
2
sa Pin e mills com ed strongest on #3, a
4 expect ents fr bb f this ye main on Pond ero m remain in Ca lifo rni edged
8,38 5,17
1
501 ed to om Eu ar an up- mo me ntu . 12- inc h an ce
rope an from 15 Upward rose $5-15 ted resist
95 grow, as 1
5,04
8
482
19,6
w d La .2 Em pir e pli ers no shipm
ell. ~ bb d re
tin Am in the Inlan for the week. Some supbut tight supplies we
37 3 f
Coast 18,9
erica ar in adeq
MDF im
453 1,55 0
97
Inland
18,2 1,53
8
,088 e jum pe d $20 on #3 prices, d ou t into the impo
floorin ports heavy t
2012 rs sol
2013 m their custome s of ES-LP ly, to the U.S.,
36
Understanding
42 3
ood 17,3 1,52 45 cer
Redw 35,1
Source
fro n pro du cons
domestical raised prices
: U.S.
1,49
6 18
ld
Foreign 2014
iab le. Canadia es
h 34,2
ho den ust sal
Agricult
So ut
ke States 32 ,722
b fT h r e s g, still o Eu ropean
un l Service er, wi
secon
ura
d qu art 2015 th rob
European
Sp ruc e importer
ead of sup pli es.
rem
NE/La b 2019
s t r o ng
2016
0 co On e ll ah -
rs 5 After sh B elgium un tries ot and offsho re. and ran we
adjusted do e.
wn
d Ne a
L 2018 Tr
TOTA board, as dem g 10- and 12-inch
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Random Lengths Publications, Inc.
Mail: P.O. Box 867, Eugene, OR 97440-0867
Office: 450 Country Club Road #240, Eugene, OR 97401-6078
Ph: 541-686-9925 | Fax: 541-686-9629
Toll-Free Phone: (888) 686-9925 (from the U.S. and Canada)
Toll-Free Fax: (800) 874-7979 (from the U.S. and Canada)
Email: rlmail@rlpi.com | Website: www.randomlengths.com
INTRODUC TION
Introduction
At Random Lengths, we strive to make it easier for you to understand the
complex, diverse markets for softwood products. The more you know about
our publication, the easier this goal is to achieve. This booklet will help you
better understand and use the Random Lengths Weekly Report, an important
information tool for anyone involved in the industry and its markets.
Random Lengths provides an independent view of markets for wood products
in a compact, easy-to-read newsletter. This means you can spend just 10 minutes
each week with Random Lengths to keep abreast of market and industry news
and trends.
The company is independently owned and is supported almost entirely by
subscription revenues. Our staff, which has been observing and writing about
the industry for many years, is not allowed to engage in wood products trading.
This combination of independence, objectivity, and professionalism gives
readers a unique perspective on the industry and its markets.
Table of Contents
Page(s) in Page(s)
Section Random in this
Lengths brochure
“Through A Knothole” 1-3 2-8
Answers to Questions
About the Prices Published 8-11
in Random Lengths
Lumber Price Guide 5-8 11-15
Panel Price Guide 12 15-16
Market Commentaries 4, 9, 10, 11 17-19
Market Indicators 4 and 11 17-18
Product and Species Composites 9 and 11 18-19
Production, Sales, Shipments 10 19
What’s on our website at
20
WWW.RANDOMLENGTHS.COM
My Print 21
Glossary 22-27
Other Sources of Information 27-28
Toll-free Phone (U.S./Canada): 888-686-9925 • Website: www.randomlengths.com 1

TAK
Your source for all the news

affecting the markets
“Through a Knothole” is a collection of news and analysis covering a variety
of topics related to the industry. Over the course of the year, it provides
you with a combination of market information and analysis that cannot be
found in any other single source. Subjects covered are wide-ranging, but
always related to the wood products industry. This “feature story” section of
Random Lengths includes both current news and background stories. Charts
and graphs often accompany the articles.
Random Lengths’ goal is to provide you with comprehensive coverage
of industry news over the course of a year. Subject areas covered include:
market analysis, the U.S.-Canada lumber trade dispute, housing market
developments, price trends and comparisons, interest rate and financial
market news, new products, transportation, and offshore U.S. imports.
By reviewing “TAK” regularly, you will be in tune with the markets and the
industry. During the year, you will find articles that address subjects related
specifically to your work or interests. However, the diversity of the industry,
the markets, and the Random Lengths readership mean that this may not be
the case with each issue.
In addition, Random Lengths conducts regular surveys, the results of which
are published in “Through a Knothole.” An annual survey of retailers
develops information for an “Outlook” article at the turn of the year. Surveys
of producers cover trends in studs and boards.
An annual compensation survey develops information about salaries and
other forms of compensation at the manufacturing, wholesale/distribution,
and retail levels of the industry. Other surveys cover opinions and attitudes of
those in the industry on a variety of subjects.
Random Lengths also conducts other periodic surveys of its readers.
This helps our editorial staff determine the topics covered in “Through A
Knothole” and the space to devote to each topic. If you would like to see a
subject covered in “TAK” or see the need for greater coverage of a topic, feel
free to contact Random Lengths with your ideas.
Regular features in “TAK” include:
2 Toll-free Fax (U.S./Canada): 800-874-7979 • Email: rlmail@rlpi.com

TAK
Retail Market Indicators for March 2017

LUMBER PANELS
Dealers' Sales Expectations for the NEXT Three Months (on a scale of 1-10, with 10 strongest)
Dealers' Current Inventories (on a scale of 1-10, with 10 highest)
8 Midwest 8 Northeast 8 Midwest 8 Northeast
6
7
6
7
6
MONTH
7 DAY, 2016
6
3
5 5 5 5
Stacked
4 Frame 4 4 4
3 3 3 3
J FMAMJ J A S OND J FM J FMAMJ J A S OND J FM J FMAMJ J A S OND J FM J FMAMJ J A S OND J FM
16 17 16 17 16 17 16 17
8 South Atlantic 8 South Central 8 South Atlantic 8 South Central
7 7 7 7
6 6 6 6
5 5 5 5
4 4 4 4
3 3 3 3
J FMAMJ J A S OND J FM J FMAMJ J A S OND J FM J FMAMJ J A S OND J FM J FMAMJ J A S OND J FM
16 17 16 17 16 17 16 17
8 West 8 U.S. 8 West 8 U.S.
7 7 7 7
6 6 6 6
5 5 5 5
4 4 4 4
3 3 3 3
J FMAMJ J A S OND J FM J FMAMJ J A S OND J FM J FMAMJ J A S OND J FM J F M Continued
AMJ J A S O onN page
D J F 2…
M
16 17 16 17 16 17 16 17
Results based on monthly surveys of a nationwide sample of retailers who stock softwood lumber and structural panels. Number of companies responding to a late
March survey for March data: 81. Regions: Midwest (MI, OH, IN, IL, WI, MN, IA, MO, KS, NE, SD, ND); Northeast (PA, NJ, NY, CT, RI, MA, NH, VT, ME); South
Atlantic (MD, DE, WV, VA, NC, SC, GA, FL); South Central (KY, TN, AL, MS, LA, AR, OK, TX); West (MT, WY, ID, CO, NM, AZ, UT, NV, CA, OR, WA, AK, HI).
Retail Market Indicators

(above) A snapshot of lumber and panel activity at the
Random Lengths retail
readers want tolevel, derived
know what’s going on
from a monthly survey of a nationwide sample of dealers. A set of 12 charts
with new ventures, personnel changes, retirements, and
other key developments in the industry. Qualified items
tracks retailers’ expectations and inventory
are levels, broken
published free down
in Yardnotes. Pleaseby
sendregion.
them by toll-
free fax, (800) 874-7979, or email: yardnotes@rlpi.com.
Published each month.
Framing Lumber Monthly Averages

Custom price history reports and Feb 5-year average Feb 5-year average
on-demand graphs are available at average 2012-2016 average 2012-2016
www.rlmyprint.com. 2017 2016 Feb Mar 2017 2016 Feb Mar
Lumber Product and Species Composite Prices 2x4 #3/Utility
FramingDocument:
Lumber CompositeI:\rl\!RL-Repeating.indd
Price 393 313 351 357 www.randomlengths.com
KD HF/WF (Inland-Spokane)  @TheWoodNews
323 209 275 295
Random-Length Dimension 392 319 352 358 Southern Pine (West) 391 344 358 359
Stud 365 279 335 347 Western S-P-F 309 199 266 283
Low-Grade Random Dimension 295 211 261 276 Green Douglas Fir (Portland) 286 173 240 264
Board 612 598 583 595 2x10 #2&Btr
Shop and Mldg&Btr 680 653 711 711 KD Hem-Fir (Coast) 366 294 349 350
Coast Dry Random and Stud 367 299 338 347 KD HF/WF (Inland-Spokane) 373 320 370 376
Inland 442 382 420 431 Southern Pine (West) 352 318 319 334
Southern Pine 420 360 372 383 Green Douglas Fir (Portland) 442 371 380 378
Western S-P-F 361 254 314 322 2x4–8' Studs
Eastern S-P-F 414 340 384 390 KD Hem-Fir (Coast) 344 252 296 309
Green Douglas Fir 398 348 361 369 KD Fir&Larch 350 231 304 317
2x4 Std&Btr/#2&Btr Southern Pine 390 320 358 389
KD Hem-Fir (Coast) 389 302 344 357 Western S-P-F 335 207 282 296
KD HF/WF (Inland-Spokane) 418 324 367 384 KD Eastern S-P-F (Boston) 396 296 362 374
KD Fir&Larch 421 385 377 390 Green Douglas Fir (Portland) #2&Btr 330 264 286 299
Southern Pine (West) 464 380 399 393 Boards/Shop
Southern Pine (East) 489 402 393 397 #2&Btr 1x12 Ponderosa Pine 579 666 659 670
Western S-P-F 375 263 319 326 #3 1x12 Ponderosa Pine 478 343 453 476
KD Eastern S-P-F (Boston) 418 350 404 407 #3 5/4 Ponderosa Pine Shop 574 460 575 572
Green Douglas Fir (Portland) 364 310 323 327 #3 5/4 Radiata Pine Shop 600 590 647 645
Document: I:\rl\!RL-Repeating.indd www.randomlengths.com  @TheWoodNews

TAK
Head and Text
e hours and publication sched-
ct the Thanksgiving holiday.
Structural Panel Monthly Averages
Feb 5-year average
ublished on November 25. An Custom price history reports and
on-demand graphs are available at average 2012-2016
andom Lengths will be published www.rlmyprint.com. 2017 2016 Feb Mar
26. Lumber prices will be avail- Structural Panel Composite Price 391 345 383 390
ibers early Wednesday morning Oriented Strand Board Composite 328 246 288 292
e transmitted by 11:30 a.m. Pacific Southern Pine Plywood Composite 512 500 546 564
ur office will be closed November Western Fir Plywood Composite 583 535 576 584
hedule will be followed during the 1/4" AC Ext (Western) 679 600 585 592
ar’s holiday weeks. 3/8" CD Ext (Western) 341 313 322 330
1/2" CD Ext (Western) 4-ply 403 333 385 395
23/32" UL (Western) 614 593 648 654
11/32" BC Ext (Southern-West) 380 391 449 454
15/32" Rated (Southern-West) 4-ply 385 370 398 413
23/32" UL (Southern-West) 584 615 671 684
7/16" OSB (N. Central) 291 219 249 253
7/16" OSB (Southwest) 306 219 255 261
1/10" CD Veneer Mix 47.25 47.25 48.75 49.75
5/8" Particleboard (Western) 300 300 289 291
Repeating.indd Monthly Averages www.rlpi.com
(previous page and above) These tables of monthly price averages for key
lumber and panel items are published in the issue closest to the beginning of
each month. The tables allow you to compare the current year’s price levels
to the previous year’s. Five-year averages indicate month-to-month trends,
so that you are aware of recent seasonal trends. Added to the tables are
averages for 14 product and species composite prices. MONTH DAY, 2016 7
Quarterly Price Patterns – First Quarter 2017

Green Douglas Fir - Portland KD Std/#2&Btr/#2 2x4 KD #2&Btr/#2 2x10
$500 $500 $400
$450 $375
$400 $350
$400
$325
$350
$300 $300
$300 $275
$250 $200 $250

1Q 16 2Q 16 3Q 16 4Q 16 1Q 17 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17
#2&Btr 2x4-8' PET #2&Btr 2x10 Eastern S-P-F (Boston) Western S-P-F Inland Hem-Fir (Spokane) Western S-P-F
Std&Btr 2x4 SYP (Westside) SYP (Westside)
KD 2x4 - 8' PET Studs KD Inland Ponderosa Pine Boards Panels

$475 $650 $525
$550 $450
$375
$450 $375
$350 $300
$275
$250 $225
$175 $150 $150

1Q 16 2Q 16 3Q 16 4Q 16 1Q 17 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17
Eastern S-P-F (Great Lakes) ES-LP 1x12 #3 Common 1x12 #4 Common 1/2 CDX 5-Ply (West) 15/32 Rated
Western S-P-F 7/16 OSB (North Central) 4-Ply (South)
Custom price history reports and on-demand graphs for all Random Lengths prices are available at www.rlmyprint.com.
Quarterly Product and Species Composite Prices – First Quarter 2017

Quarterly Price Patterns
LUMBER COMPOSITES PANEL COMPOSITES
Random-Length Dimension Stud Low-Grade Random Dimension Oriented Strand Board
(above)
$450
A set of six $475 charts shows trends$350for weekly prices of$50017 key
$425
commodities over the$375 most recent five quarters. Published every three
$400 $300 $400
$350 $250 $300

months.
$300
The charts$325 track Green Douglas
$275 $200
Fir - Portland, KD $200
Std/#2&Btr/#2
2x4,
$250 KD #2&Btr/#2
1Q 16 2Q 16 3Q 16 4Q 16 1Q 17
$225 2x10, KD 2x4 - $150
1Q 16 2Q 16 3Q 16 4Q 16 1Q 17
8’ PET studs, KD
1Q 16 2Q 16 3Q 16 4Q 16 1Q 17
Ponderosa
$100 Pine
1Q 16 2Q 16 3Q 16 4Q 16 1Q 17
boards,
$675
Board and structural $900 panels.
Shop and Mldg&Btr $450
Coast Dry Random and Stud
$675
Southern Pine Plywood
$625 $800 $400

$575
$350
$575 $700
4 $525
Toll-free$600
Fax (U.S./Canada): 800-874-7979
$300 • Email: rlmail@rlpi.com
$475
$250
$475 $500 $200 $375
1Q 16 2Q 16 3Q 16 4Q 16 1Q 17 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17
TAK
Housing Indicators
(below) Graphs of data relating to the housing industry are published
quarterly.
Regional starts and permits, sales and prices of new and existing homes,
mortgage rates, and Treasury bill rates can be tracked inMONTH
a glance.
DAY, 2016 9
Housing Indicators – Fourth Quarter 2016

Housing Starts and Permits Monthly, thousands of units (SAAR)*
Northeast Midwest South West
325 250 700 375
Starts Permits
250 200
600 325
175 150
500 275
100 100
25 50 400 225
4Q 1Q 2Q 3Q 4Q 4Q 1Q 2Q 3Q 4Q 4Q 1Q 2Q 3Q 4Q 4Q 1Q 2Q 3Q 4Q
Sales of New Houses Monthly, thousands of units (SAAR)*

50 90 375 200
Units 3 month
moving avg
80
40
325 150
70
30
60
275 100
20
50
10 40 225 50
Sales of Existing Homes Monthly, thousands of units (SAAR)

1000 1500 2300 1400
Units 3 month
moving avg
1300
1300 2200
800
1200
1100 2100
1100
600
900 2000
1000
400 700 1900 900

Houses for Sale Monthly Median House Prices Quarterly, in $1,000s

New Thousands of units (SAAR)* Existing Thousands of units New Existing
300 12 3000 11 325 250
months' supply months' supply
(right scale) (right scale)
10
250 2500 9
300 225
8
200 2000 7
6
275 200
150 1500 5
4
100 2 1000 3 250 175

Mortgage Rates Monthly Treasury Bills Monthly

Conventional 80% fixed rate loans Three-month rates Above data are from October 2015
5.0% 0.6% through December 2016.
Sources: Bureau of the Census: housing
0.5% starts; building permits; sales of new
4.5%
houses; new houses for sale; median
0.4% prices of new houses. Freddie Mac:
4.0% mortgage rates. Federal Reserve Board:
0.3% three-month treasury bill rates. National
Association of Realtors: sales of existing
3.5% homes; existing houses for sale; median
0.2%
prices for existing houses.
3.0% 0.1%
1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q

TAK
Quarterly Product and Species Composite Prices

(below) A set of 14 charts shows trends for weekly prices of the 14 Random
Lengths Lumber and Panel Product and Species Composite Prices
MONTH DAY, 7
2016 during
the most recent five quarters. Published quarterly.
Just as the widely used and
Quarterly popular
Price Random
Patterns – FirstLengths Framing
Quarter 2017 Lumber and
Structural Panel Composites provide
Green Douglas Fir - Portland
$500 a broad measure KD
KD Std/#2&Btr/#2 2x4
$500 of#2&Btr/#2
price movement,
2x10
$400
the 14 other composites allow traders to measure price trends in specific

$450
$400
$375
$350
product groups and species.

$400
$325
$350
The composite items are: Random-Length Dimension; Stud; Low-Grade

$300 $300
$300 $275
Random Dimension; Board; Shop and Mldg&Btr; Coast Dry Random and
$250
1Q 16 2Q 16 3Q 16 4Q 16 1Q 17
$200
1Q 16 2Q 16 3Q 16 4Q 16 1Q 17
$250
1Q 16 2Q 16 3Q 16 4Q 16 1Q 17
Stud; Inland; Southern Pine; Western S-P-F; Eastern S-P-F; Green Douglas
#2&Btr 2x4-8' PET #2&Btr 2x10 Eastern S-P-F (Boston) Western S-P-F Inland Hem-Fir (Spokane) Western S-P-F
Std&Btr 2x4 SYP (Westside) SYP (Westside)
KD 2x4 - 8' PET Studs KD Inland Ponderosa Pine Boards Panels

Fir; Oriented Strand Board; Southern Pine Plywood; and Western Fir
$475 $650 $525
Plywood.
$550 $450
$375
$450 $375
Each item’s previous 5-year average appears behind the weekly price line to
$275
$350 $300
provide a quick comparison of the product or species movement in relation

$250 $225
to its recent historical trend.

$175
1Q 16 2Q 16 3Q 16 4Q 16
Eastern S-P-F (Great Lakes)
1Q 17
ES-LP
$150
1Q 16 2Q 16
1x12 #3 Common
3Q 16 4Q 16 1Q 17
1x12 #4 Common
$150
1Q 16 2Q 16 3Q 16
1/2 CDX 5-Ply (West)
4Q 16 1Q 17
15/32 Rated
Western S-P-F 7/16 OSB (North Central) 4-Ply (South)
Custom price history reports and on-demand graphs for all Random Lengths prices are available at www.rlmyprint.com.
Quarterly Product and Species Composite Prices – First Quarter 2017

LUMBER COMPOSITES PANEL COMPOSITES
$450
Random-Length Dimension $475 Stud $350
Low-Grade Random Dimension $500
Oriented Strand Board
$400 $425 $300 $400

$375
$350 $250 $300
$325
$300 $275 $200 $200
$250 $225 $150 $100

Board Shop and Mldg&Btr Coast Dry Random and Stud Southern Pine Plywood
$675 $900 $450 $675
$625 $800 $400

$575
$350
$575 $700
$300
$475
$525 $600 $250
$475 $500 $200 $375
$550 Inland $450
Southern Pine $450
Western S-P-F $700
Western Fir Plywood
$500 $400
$350 $625
$450
$350
$400
$250 $550
$350 $300
$300 $250 $150 $475

$500 Eastern S-P-F $475 Green Douglas Fir
5-Year Weekly Average of Composite Price
$400 $375 Weekly Composite Price as reported in Random Lengths
For a list of items included in each composite, go to www.rlpi.com

$300 $275
and click on In Depth > Useful Data > Monthly Composite Prices
Custom price history reports and on-demand graphs for all
$200 $175 Random Lengths prices are available at www.rlmyprint.com.
1Q 16 2Q 16 3Q 16 4Q 16 1Q 17 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17
Industry Financial Results

(next page) This table presents the financial performance of selected publicly-
held wood products companies in the U.S. and Canada. Included is a profit
margin figure for each company, based on net earnings as a percentage of
sales.

average 7.1% 8.5% 252.2% 56.1% 6.3%
1. From continuing operations before unusual items. 2. Change from previous year. 3. Net earnings as a % of sales for the quarter. Note: Tembec year-end is Sept.
2
30. * * Quarter ending Sept. 30, 2016. * had yet to release results at press time Courtesy of Duncanson Investment Research, Inc.
MONTH DAY, 2016 TAK

Financial Results with imported text from spreadsheet
Wood Products Industry Financial Results

Sales ($ Millions) Net Earnings ($ Millions)1 Profit U.S. Housing Starts and Bu
Stock Price
UNITED STATES Qtr ending Dec 31 Year-To-Date Qtr ending Dec 31 Year-To-Date Margin3 12/16
Boise Cascade* 1,067.2 7.6% 2 2,991.7 8.5% 2 10.0 –54.5% 2 34.2 –31.3% 2 0.9% $27.65
(1,000s of Units, Seasonally Adjus
CatchMark Timber 20.4 19.3% 81.9 18.5% (4.9) n.m. (11.0) n.m. –24.0% $11.10 Feb Jan Feb
Deltic Timber* 53.5 6.6% 160.9 11.6% 1.3 n.m. 6.1 117.9% 2.4% $76.95 2017 2016 201
LP 550.0 18.8% 2,233.4 18.0% 42.7 n.m. 150.3 n.m. 7.8% $24.30
Pope Resources* 13.2 –13.2% 37.0 –33.9% 0.9 –156.3% (1.2) –125.0% 6.8% $69.95Total Starts 1,288 1,251 1,21
Potlatch
Rayonier “Glad we took an inventory position, but
155.7 12.8%
220.5 28.6%
599.1
788.3 44.7%
4.1% 14.4
5.7
311.4%
–49.6%
47.6
69.1
50.2%
36.3%
9.2%
2.6%
$44.40
Single-Family
$28.21
872 819 84
Universal*
Weyerhaeuser still haven’t figured out who we are go-
826.7
1,596.0 26.1%
8.4% 2,380.9
6,365.0 21.3%
6.6% 27.8
106.0
8.6%
30.9%
80.4
534.0
30.3%
39.8%
3.4%
6.6%
$107.10
$33.66
Multifamily 416 432 36
Northeast 119 132 8
average
ing to sell it to,” a Midwest dealer noted.
12.8%
CANADA (Canadian funds, except where noted)
11.0% 15.1% 16.9% 1.8%
Midwest 187 196 21

Acadian Timber 22.7 4.6% 77.2 –8.5% 3.1 –77.5% 16.1 18.4% 13.7% $17.59
Canfor 893.0 1.8% 3,599.1 9.8% 37.7 377.2% 136.8 132.7% 4.2% $17.40 South 659 685 61
CanWel Building 276.0 11.7% 763.7 21.0% 7.3 10.6% 18.0 56.5% 2.6% $6.04
West 323 238 31
Conifex 87.9 3.0% 350.6 16.9% 5.1 n.m. 9.0 n.m. 5.8% $3.23
Interfor 442.3 7.5% 1,792.7 6.2% 17.7 293.3% 58.6 n.m. 4.0% Total Permits 1,213
$18.05 1,293 1,16
Norbord ($US) 482.0 16.1% 1,766.0 17.0% 55.0 243.8% 175.0 n.m. 11.4% $38.06
Resolute For. ($US) 780.0 –0.3% 3,105.0 –2.5% (3.0) –88.5% 4.0 –116.7% –0.4% Source: Census Bureau
$6.35
Tembec** 324.0 5.5% 324.0 5.5% (9.0) n.m. (9.0) n.m. –2.8% $2.99
Western Forest 267.3 9.5% 1,090.5 9.8% 36.2 265.7% 94.2 45.8% 13.5% $2.10
West Fraser 951.0 11.5% 3,821.0 10.0% 101.0 236.7% 333.0 87.5% 10.6% $53.25
average 7.1% 8.5% 252.2% 56.1% 6.3%
1. From continuing operations before unusual items. 2. Change from previous year. 3. Net earnings as a % of sales for the quarter. Note: Tembec year-end is Sept.
30. * * Quarter ending Sept. 30, 2016. * had yet to release results at press time Courtesy of Duncanson Investment Research, Inc.
Document: I:\rl\!RL-Repeating.indd
Early Year Exports
www.randomlengths.com  @TheWoodNews
Offshore Imports St
to China Falter mmbf Through 20
250
mmbf European Plantation
500 Suppliers* Pine Suppliers**
United States Canada 200
400 150
300 100
200 50
100 0
Q4 Q1 Q2 Q3 Q4 Q
14 15 1
0 Source: U.S. Foreign Agricultural Service
MAM J J A S O N D J F MAM J J A S O N D J F MAM J J A S O N D J F
* Austria, Germany, Sweden, Finland, Czech
14 15 16 17 Lithuania, Estonia, Latvia, Romania
Sources: Statistics Canada, COFI, U.S. Foreign Agricultural Service. For more ** Brazil, Chile, Argentina, Uruguay, New Zea
information, go to www.rlpi.com. Select In Depth, then Exports to China.
Shipments to China
(above) This chart appears regularly,Head
Holiday Schedule andandtracks
Text monthly softwood lumber
shipments to China Random
from the United
Lengths’ States
office hours and Canada.
and publication sched-
ule will change to reflect the Thanksgiving holiday.
Structural Panel Month
North
Midweek willAmerican Lumber
not be published Output
on November 25. An Custom price history reports and
on-demand graphs are available at a
eight-page version of Random Lengths will be published www.rlmyprint.com. 2017
January - December 2016 2015 % Chg.
Wednesday, November 26. Lumber prices will be avail- Structural Panel Composite Price 391
Coast 8,384 8,174 2.6
able to On Line subscribers early Wednesday morning Oriented Strand Board Composite 328
Inland 5,048 4,881 3.4
and panel prices will be transmitted by 11:30 a.m. Pacific Southern Pine Plywood Composite 512
Redwood 453 476 -4.8
U.S.
time on Wednesday. Our office will be closed November
South
Western Fir Plywood Composite 583
17,342 16,661 4.1
27 and 28. A similar schedule will be followed during the 1/4" AC Ext (Western) 679
Other 1,496 1,451 3.1
Christmas and New Year’s holiday weeks. 3/8" CD Ext (Western) 341
Total U.S. 32,722 31,643 3.4
1/2" CD Ext (Western) 4-ply 403
B.C. 13,559 13,214 2.6
23/32" UL (Western) 614
Canada East* 14,776 13,473 9.7
11/32" BC Ext (Southern-West) 380
Total Canada 28,335 26,687 6.2
15/32" Rated (Southern-West) 4-ply 385
TOTAL 61,057 58,330 4.7
23/32" UL (Southern-West) 584
• millions of board feet; 2016 figures are preliminary. *Prov- 7/16" OSB (N. Central) 291
inces east of the Rockies. 7/16" OSB (Southwest) 306
• Sources: WWPA, Statistics Canada, SFPA 1/10" CD Veneer Mix 47.2
5/8" Particleboard (Western) 300
North American Lumber and Panel Output
(above) These quarterly tables
Document: show historical and the most up-to-date
I:\rl\!RL-Repeating.indd
information about lumber and structural panel production by region. The
structural panel table also breaks down North American production by
product group.

TAK
Statline: A Weekly Look at Key Trends

500
U.S. Multifamily Starts
440
380
320
260
200
N D J F M A M J J A S O N D J
15 16 17
Source: Census Bureau
The seasonally adjusted annual rate of multi-unit starts in the
U.S. see-sawed in late 2016, finishing the year at 392,600 units,
slightly below the 397,300-unit level of 2015.
Statline
(above) An “at-a-glance” look at key industry trends. As many as nine weeks
each quarter, one of a group of statistical series is presented in chart form.
Among the subjects: stumpage costs; housing affordability; lumber production
by region; structural panel output; and lumber imports from overseas.
Near the end of each quarter you are reminded of trends and events that
frequently take place in the markets during the coming quarter.
One of the most widely read sections in Random Lengths, “Yardnotes”

covers news of companies and individuals in the industry. Also included are
announcements of meetings, conventions, and seminars. Items are submitted
to Random Lengths by readers and published in “Yardnotes” free of charge.
Yardnotes may be called in to the Random Lengths staff toll-free at (888)
686-9925 in the U.S. and Canada, or (541) 686-9925; faxed to the editorial
offices toll-free at (800) 874-7979 in the U.S. and Canada, or (541) 686-9629;
or sent via email to yardnotes@rlpi.com.
Answers To Questions About The

Prices Published In Random Lengths
What do those prices mean? How does Random Lengths arrive at the
reported prices? Whom does Random Lengths contact for its information?
These questions, and many more related to them, are frequently asked and
discussed. Here are a few answers ...

Q&A
What does a price published in Random Lengths represent?

Prices reported are judgments of the market prices just prior to publication of
the weekly report. Each price shown falls within the range of prices reported
by those sources contacted. A reported price is a representative trading level
for the item just prior to publication. It is a price at which, in the judgment
of Random Lengths, a manufacturer and a buyer could have negotiated a
transaction for a particular item.
A price reported by Random Lengths is a benchmark, or indicator, of the
general trading level of an item at the time of publication.
A reported price is not an average of the prices reported to the Random
Lengths staff. It is not the price for the item for the week following
publication (that is, it is not a projected price for future transactions). It
is not the only price at which transactions took place during the week of
publication.
Prices reported in Random Lengths represent transactions between
manufacturers and their customers. Most are reported on an “f.o.b. mill”
basis, but some prices are reported on a “delivered” basis. These delivered
prices are indicated by footnotes in the price guide.
The footnotes in the Random Lengths price guides are important

to readers wishing to understand the prices being reported.
The price for each actual transaction is subject to many variables — stock
quality, the quantity involved, tallies, shipping time, shipping method,
mill location, and the respective needs of the seller and buyer. Each week,
thousands of transactions take place in which the many variables come
together to determine prices.
Why do Random Lengths prices always seem to lag the

market?
Random Lengths provides a historical record of prices. It does not predict
future prices or trends. As a result, reported prices lag the market to an
extent determined by how rapidly prices are moving up or down.
If Random Lengths publishes $300 for Item X, does that

guarantee I can buy or sell it at that price?
No. Random Lengths reports prices during the week of publication. The
price guide provides a historical record as soon as it is released. As pointed
out above, prices may lag the market depending on how rapidly they are
moving up or down. Reported prices represent transactions prior to the time
of publication. Random Lengths does not anticipate the prices at which
producers may sell after the price guide has been released.

Q&A
How does the Random Lengths staff obtain its information?

Editors on the staff contact sources who are directly involved in selling or
buying the products. The number of sources contacted varies, depending
on the product group. Some sources are contacted each week, some are
contacted every two or three weeks, and some are contacted on an irregular
basis.
Sources of price and market information range from large corporations to
small, single-mill operations, and from large wholesale/distribution firms to
one-person wholesale offices. Calls are made to buyers as well as producers to
get equal input from both sides of the trading table.
For both legal and ethical reasons, Random Lengths does not divulge the
names of its sources of information. Random Lengths will not and does not
act as a conduit for price information between individual producers and
customers.
The types of buyers contacted include office wholesalers, stocking
distributors, co-ops, and buyers for treating operations and secondary
manufacturing plants. Retail buying offices that are not buying directly from
mills are not contacted; however, sources can include centralized buying
offices for retail operations.
In addition to phone interviews, Random Lengths’ editors receive price and
market information from sources via fax and email. Even though the staff
is the largest of its kind, time constraints make it impossible for Random
Lengths to contact each of the thousands of producers and buyers in the
industry. Potential sources who wish to participate regularly in the Random
Lengths surveys are invited to submit market information via the toll-free fax
number, (800) 874-7979.
Are wholesale selling prices considered when Random

Lengths determines reported prices?
No. Random Lengths is not concerned with wholesale selling prices when
determining reported prices. The price guides report prices that represent
purchases buyers made from producers during the week of publication.
Should contracts be based on Random Lengths?

Random Lengths discourages this practice. We understand that contracts
to ship agreed-upon volumes based on third-party pricing are an attractive
way to smooth the flow of products. However, the quality and amount of
information that Random Lengths, or any third party, can obtain in a given
week can vary tremendously. It can never substitute fully for the “hands on”
experience of those involved continually in the market.

PRICE GUIDES
I have other questions about Random Lengths. Who can

answer them?
Random Lengths can! We welcome all questions and inquiries about our
publications. And, we’re easy to contact.
You can: phone toll-free in the U.S. and Canada at (888) 686-9925, or call
(541) 686-9925; fax toll-free in the U.S. and Canada at (800) 874-7979, or
fax (541) 686-9629.
You can also write P.O. Box 867, Eugene, OR 97440-0867, or contact us via
email at rlmail@rlpi.com.
The Random Lengths

Lumber And Panel
Price Guides
To understand the Random Lengths Price Guides, it is important that you
know the basics of industry terminology. Please refer to the Glossary (pages 22-
27) for definitions of words and abbreviations that appear in the price guides.
Lumber prices are reported on a “per thousand board feet” basis. Panel
prices are reported on a “per thousand square feet” basis. Shingles and
shakes are reported on a “per square” basis.
You should also refer to the footnotes that appear in the

Random Lengths price guides on a regular basis.
The price guides change periodically in response to changes at the producing
level and in the market. Major changes are noted when they occur, usually
with explanations of the changes in “Through A Knothole.”
Normal industry practice allows for customers of the manufacturers to
discount payment, when payment is made within 10 days. Many producers
allow for a 1% discount, although payment terms can vary. The prices in the
Random Lengths price guides have not been discounted to reflect the “cash
discount” or any other discount based on payment terms.
The fact that Random Lengths reports Lumber (or Panel) Item X at $300
does not necessarily mean that a buyer can go to producers of that item
and find Lumber Item X for that price. This is because the prices reported
represent transactions prior to the date of publication (Fridays, unless a
holiday alters the publication day).
Many lumber and panel items are not reported in the Random Lengths Price
Guide. There are several reasons for this. The items may not be produced in
sufficient volumes or by enough manufacturers for the items to be traded in a
truly open market.

LUMBER PRICE GUIDE
March 10, 2017 5

Lumber Price Guide
Lumber Weekly Price Changes
This Chg 3 This Chg 3 This Chg 3
2x4 Std/#2&Btr 2/24 3/3 Week Weeks 2x10 #2&Btr 2/24 3/3 Week Weeks Studs 2/24 3/3 Week Weeks
KD Hem-Fir (Coast) 0 0 –8 –8 KD Southern Pine (West) +11 0 –7 +4 KD Western S-P-F 0 –16 –12 –28
KD HF/WF (Inland-Spokane) +5 0 –3 +2 Gr Douglas Fir (Portland) +10 0 +5 +15 KD Spruce-Lodgepole +2 0 –5 –3
KD Fir&Larch +5 0 0 +5 2x4 1650 MSR KD Hem-Fir (Coast) +5 0 0 +5
KD Southern Pine (West) +12 +2 –6 +8 Western S-P-F (Minneapolis) 0 –10 –7 –17 KD Eastern S-P-F (GL) +4 –5 –7 –8
KD Western S-P-F –4 –16 –15 –35 2x4 #3/Util Gr Douglas Fir (Portland) +4 +5 0 +9
KD Eastern S-P-F (Boston) 0 –4 –10 –14 KD Western S-P-F –4 –13 –15 –32 Boards
KD Eastern S-P-F (Toronto) 0 –2 –3 –5 KD HF/WF (Inland-Spokane) +5 0 0 +5 #3 1x12 Ponderosa Pine +20 +10 +15 +45
Gr Douglas Fir (Portland) 0 0 0 0 KD Southern Pine (West) +10 0 –10 0 #3 5/4 Ponderosa Shop +5 +10 +10 +25
Gr Douglas Fir (Portland) +10 +2 0 +12 Std 5/4x6-16' SYP R.E.D. 0 +5 0 +5
FRAMING LUMBER
Unitized Loadings • Prices Net, f.o.b. Mill, U.S. Funds, Unless Otherwise Noted • Dollars Per Thousand Board Feet
KILN DRIED DIMENSION
Inland White Fir Spruce-Pine-Fir:
Coast or Hem-Fir6: Doug- Fir&Larch:6 Southern Pine: Western6,11 Eastern8
Random Hem-Fir6 SPOKANE1 N. CALIF.1 las Fir6 Inland CDN14 SPF-S5,6 WEST2 CENT3 EAST4 MILL7 CHI8 ATL8 BOS11 GL9,11 TOR10 MON10
2x4 Std.&Btr. — 432 — — 435 — — — — — — — — — — — —
2x4 #2&Btr. 392 437 400 430 450 410 428 484 494 509 354 13 432 455 415 434 535 535
2x6 377 422 380 430 435 395 425 385 383 387 350 431 454 404 415 504 505
2x8 345 365 345 365 380 350 — 395 402 401 340 418 441 408 419 525 520
2x10 385 387 375 440 440 385 — 370 388 409 355 12 443 468 454 444 555 558
2x12 410 410 390 455 470 — — 510 520 530 392 483 511 — — — —
2x4 #3/Util 305 335 290 315 335 — 320 395 367 360 290 368 391 335 374 440 427
2x6 #3 275 267 275 285 264 — 255 292 310 300 255 336 359 268 312 395 364
2x8 270 260 270 265 260 — — 295 290 320 250 328 351 — — — —
2x10 285 260 275 275 260 — — 253 280 290 250 338 363 — — — —
2x12 280 260 285 275 260 — — 305 285 325 250 341 369 — — — —
1–From freight areas indicated. 2–Mills in Tex., Ark., Okla., and La. west of the Mississippi River. 3–Mills in Miss., Ala., and La. east of the Mississippi River. 4–Mills in Ga., Fla., S.C.; also
N.C. and Va., where prices are 10-15 higher. 5–Prices based on mills in the Inland West. 6–Prices are for paper-wrapped stock. 7–Shipments from the Prince George, B.C., area;
mill returns on freight contracts not included. 8–Prices delivered. 9–N. Ohio, W. Pa. 10–Canadian funds, GST not included. 11–Applicable export taxes included. 12–Toronto - 535 ;
Canadian funds, GST not included. 13–For Std&Btr deduct: 4-6 14–Mills in Southern Interior of B.C.
GREEN DIMENSION STRUCTURAL LIGHT FRAMING RL 10/20'

Douglas Fir: Western Western S-P-F1 Eastern S-P-F1,2 Fir&Larch
Random PORTLAND1 N. CALIF.1 NE2,4 Red Cedar5 delivered to: MINNEAPOLIS PHOENIX BOSTON GREAT LAKES SPOKANE
2x4 Std.&Btr. 370 3 370 510 870 2x4 2100f 492 507 465 470 2x4 2400f 540
2x4 #2&Btr. 375 3 375 515 — 2x4 1650f 475 490 449 458 2x4 1800f 465
2x6 352 3 355 503 945 2x6 2100f 495 510 — — 2x6 2400f 510
2x8 325 3 325 470 980 2x6 1650f 465 480 415 434 2x6 1800f 445
2x10 470 470 624 1,055 GREEN KILN DRIED White Fir
2x12 440 450 592 1,255 Southern Pine from: Douglas Douglas Fir& or Hem-Fir
2x4 Utility 312 — — 345 WEST CENT EAST Fir Fir Larch SPOKANE
2x6 #3 285 — — 380 2x4 #1 509 517 530 2x4 #1&Btr. 425 455 475 —
2x8 180 — — — 2x6 401 420 — 2x4 Sel. Struc. — — — 460
2x10 180 — — — 2x8 411 432 — 2x6 Sel. Struc. — — 460 450
2x12 180 — — — 2x10 394 436 — 2x8 Sel. Struc. — — 505 440
1–From freight areas indicated. 2–Delivered rail. 3–For light-wane stock, add: 20 2x12 516 549 — 2x10 Sel. Struc. — — 505 440
4–Prices for shipments from U.S. and Canadian mills. 5–Applicable export taxes 1–Applicable export taxes included. 2x12 Sel. Struc. — — 510 440
included on Canadian stock. 2–RL 10/16'
KILN DRIED STUDS GREEN STUDS

Spruce-Pine-Fir: Douglas Fir6
Coast Inland Doug- Fir& ES- South- Western8 Eastern3 #2&Btr PORTLAND
Hem-Fir Hem-Fir10 las Fir Larch10 LP10 ern Pine1 MILL2 CHI3 ATL3 BOS8 GL4,8 TOR5 MON5 2x4-8' PET7 347
2x3-8' PET Stud — — — — — — 355 433 456 325 336 405 391 2x4-9' PET 380
2x4-7'6" Stud — — — — — — — — — 327 359 — — 2x4-10' PET 345
2x4-8' PET Stud7 — — — — — 405 320 398 421 405 408 505 498 9 2x6-8' PET 305
2x4-8' PET #2/#2&Btr.7 360 363 372 370 360 — 338 416 — — — — — 2x6-9' PET 385
2x4-9' PET Stud — — — — — — 342 420 443 412 417 517 503 2x6-10' PET 385
2x4-9' PET #2/#2&Btr. 385 410 407 420 400 — 352 430 — 426 430 — —
2x4-10' PET Stud — — — — — — — — — 385 393 480 460 FINGERJOINTED
2x4-10' PET #2/#2&Btr. 370 — 405 — — — — — — — — — — ES-LP
2x6-7'6" Stud — — — — — — — — — 328 345 — — 2x4-8' 410
2x6-8' PET Stud — — — — — — 325 406 429 409 405 505 497 9 2x4-9'&10' 410
2x6-8' PET #2/#2&Btr. 325 367 345 360 340 — — — — — — — — Fir&Larch
2x6-9' PET Stud — — — — — — 370 451 474 434 435 532 515 2x4-8' 410
2x6-9' PET #2/#2&Btr. 395 427 410 425 400 — — — — 441 443 — — 2x4-9'&10' 410
2x6-10' PET #2/#2&Btr. 385 — 405 — — — — — — — — — — Western S-P-F8
1–Westside and central zone production. 2–Shipments from the Prince George, B.C., area; mill returns on freight contracts not included. 3–Prices delivered. 2x4-8' 384
4–N. Ohio, W. Pa. 5–Canadian funds, GST not included. 6–From Portland, Ore., freight area. 7–Full 8', add: 5-15 8–Applicable export taxes included. CHICAGO3 462
9–93-1/4-inch. 10–For Stud grade, deduct: 10
Copyright © 2017 Random Lengths Publications, Inc. Reproduction and retransmission is not allowed except under the conditions of the Subscription Agreement.
Custom price history reports and on-demand graphs for all prices reported by Random Lengths are available at www.rlmyprint.com. 30-day free trial.
Lumber Price Guide (Pages 5-8)

The first page of the Lumber Price Guide (normally Page 5) includes
“Weekly Price Changes.” This box allows you to quickly spot the price trends
of key items over the past three weeks. The items in the Weekly Price Guide
box were selected because they are bellwether items in the various producing
regions.
Please refer to the Glossary (pages 22-27) for definitions of the species and regions.
The item at the bottom of Page 7 is important:

“PRICES ARE PUBLISHED AS A GUIDE ONLY to sales at the manufac-
turer level in carload or similar volumes during the week of publication. No
attempt is made to predict future prices or trends. Specific sales, because of

LUMBER PRICE GUIDE
variations in stock quality and tallies, result in prices that are higher or lower
than those published. The analysis is based on sizes and grades that conform
to Product Standard 20-15 and on surfacing, grade-marking and discounts
that conform to general industry practices; on stock that originates in the
principal producing region for each species; and on random-length loadings
that contain a normal assortment of the lengths most desired in each size.”
Page 5
Four sections of prices appear on Page 5 under “FRAMING LUMBER.”
Prices for kiln dried, or “KD,” lumber appear first. Prices for green, or
“unseasoned,” lumber are shown in the next section. The block of prices
to the right of the green section are for “Structural Light Framing.” In this
small section, both kiln-dried and green items are covered and are noted
accordingly. Stud prices are grouped in a section at the bottom of the page.
Prices reported under Framing Lumber on Page 5 represent prices for
random-length loadings and studs. Framing lumber is also often referred to
as “dimension.” Those prices shown for Studs (2x3s, 2x4s, and 2x6s trimmed
to specific lengths, usually from 7 to 10 feet) are clearly noted.
PET stands for “precision end trimmed.” Most “eight-foot” studs are
trimmed precisely to a length of 92-5/8 inches; however, several other trim
lengths are regularly used.
The framing lumber prices on Page 5 represent sales of loadings that contain
assortments of lengths that are normally accepted in the marketplace.
“Normal length assortments” may vary from one species to another,
but usually include lengths of 8, 10, 12, 14, 16, 18, and 20 feet. A length
assortment is commonly referred to as a “tally.”
Page 6
Specified Lengths
Some lumber producers serve buyers who wish to specify precisely how
much of each length they want in their purchases. Most prices in this section
represent such transactions. This practice is most prevalent in the Southern
Pine region.
Prices under the “Spruce-Pine-Fir, Western” section are for “straight length
loadings,” which are railcars or truckloads of a single length.
“Douglas Fir, Green, Portland” prices for specified lengths are for sales from
the “Portland” freight rate area. The footnoted “22’ & 24’ only” shows prices
of 22-foot and 24-foot lengths produced by those mills that are unable to
provide 26-foot and 28-foot lengths.

LUMBER PRICE GUIDE
Delivered Price Comparisons

This section compares the delivered costs of key items of random length
dimension and studs in major markets.
The small print at the bottom of the section is important in
understanding what the prices in this section represent:
“Delivered prices are published as a guide only to provide approximate
delivered costs at each destination. Freight costs are
based on prevailing rates for the most commonly used carriers, routings, and
types of loadings for each product and destination. No allowances are made
for contract rates, special discounts, and other routings for which there can
be substantial variances from the prices shown. All prices are in U.S. funds,
except for Toronto prices, which are Canadian funds, GST not included.”
The prices in this section represent prices for transactions between a buyer
and the manufacturer (sawmill). Many producers handle payment of freight
to the carrier, which allows them to quote their products to their customers
on a “delivered” basis rather than on an “f.o.b. mill” basis. This section
provides you with a guide to “prices on a delivered basis.”
Page 7
Selects & Commons
This page covers prices of “boards,” mostly 1-inch lumber used in
nonstructural applications. A notable exception is coverage of Southern Pine
radius-edge decking, a product with nominal thickness of 5/4 inches.
Ponderosa Pine coverage is broken into two regions — Inland and California.
Eastern White Pine coverage is for production at mills in the Northeast U.S.
Prices at mills in other regions can vary greatly due to freight costs to major
markets.
Also on this page are prices for #2 Spruce boards imported from Europe.
The prices are shown on a “f.o.b. truck, Gulf and East Coast ports” basis.
Page 8
The final page of the Lumber Price Guide covers a variety of products in five
sections — 1) Economy and #4, 2) Southern Pine Pressure-Treated Lumber,
3) Posts, Beams & Timbers, 4) S2S Moulding & Shop, and 5) Western Red
Cedar.
Note that Southern Pine Pressure-Treated Lumber prices represent sales
from treating plants in Georgia, Florida, North Carolina, South Carolina,
Alabama, and Virginia. These states are the “primary producing region.”
Plants in other states often have prices that vary considerably due to freight
costs to major markets.

PANEL PRICE GUIDE
The Western Red Cedar S4S Std&Btr and #2&Btr prices on Page 8 are the
same as those prices for the same items on Page 5. The “double listing” of
these prices provides readers with most Western Red Cedar prices in a single
section.Panel Price Guide (Page 12)
Panel Price Guide (Page 12)

The Panel Price Guide includes “Weekly Price Changes.” This box allows
you to quickly spot the price trends of key items over the past three weeks.
The items in the Weekly Price Guide box were selected because they are
bellwether items in the various producing regions.
The Panel Price Guide contains six sections: 1) Oriented Strand Board,
2) Southern Plywood, 3) Western Plywood, 4) West Coast Veneer, 5)
Particleboard, and 6) Medium Density Fiberboard. Plywood, OSB,
particleboard, MDF, and veneer prices are reported on a “price per
thousand square feet” basis (surface measure).
12 March 10, 2017
Panel Price Guide

Panel Weekly Price Changes
Oriented Strand Board 2/24 3/3 This Week Chg 3 Weeks Plywood/Veneer 2/24 3/3 This Week Chg 3 Weeks
7/16" (North Central) +3 0 0 +3 15/32" Rated (Southern-West 4-ply) +5 0 –10 –5
7/16" (Eastern Canada) +5 0 0 +5 1/2" CD (Western 4-ply) +3 +1 –11 –7
7/16" (Southwest) +4 +4 0 +8 23/32" Underlayment (Southern-West) +15 +10 +10 +35
23/32" T&G (North Central) +5 0 0 +5 23/32" Underlayment (Western) +9 +1 –8 +2
23/32" T&G (Eastern Canada) +5 0 0 +5 23/32" AC (Western) 0 0 0 0
23/32" T&G (Southwest) 0 +5 0 +5 1/10" Douglas Fir CD 54" Veneer +0.50 +0.50 +0.50 +1.50
Prices Net, f.o.b. Mill, Unless Otherwise Noted • Prices Per Thousand Square Feet
ORIENTED STRAND BOARD WESTERN PLYWOOD

SHEATHING
NORTH WESTERN EASTERN SOUTH SOUTH MID CD CC Plugged & Mill
CENTRAL CANADA CANADA WEST1 EAST2 ATLANTIC3 TORONTO4 CD Struc I CC Touch Sanded1 Grade
1/4" — — 240 — — — 345 3/8" 341 360 366 556 270
3/8" 302 275 280 318 306 306 385 1/2" 3-ply 399 — — — —
7/16" 305 275 285 323 311 311 390 1/2" 4/5-ply 402/487 495 490 671 320
15/32" 320 295 305 342 331 331 410 5/8" 4/5-ply 477/509 540 555 701 285
1/2" 330 310 315 359 355 345 430 3/4" 4/5-ply 571/576 633 630 786 490
19/32" T&G 390 385 390 430 445 425 500 1–Add 25 for BC P&TS
23/32" T&G 465 445 445 490 490 470 580
SANDED
DELIVERED PRICES AC BC AB AA
3/8" 7/16" 15/32" 19/32" T&G 23/32" T&G 1/4" 680 650 814 832
Seattle 325 325 345 447 512 11/32" 685 659 839 857
Portland 327 327 347 452 517 15/32" 757 728 943 961
Sacramento5 343 348 366 455 553 19/32" 792 772 988 1,012
Los Angeles5 343 348 368 455 558 23/32" 825 795 1,095 1,113
Denver 346 351 363 455 555
Salt Lake City 349 354 366 458 558 UNDERLAYMENT SIDINGS, Rough Sawn
Phoenix5 343 348 368 455 558 C X-Band, T&G 8' 9' 10'
Vancouver4 390 390 410 530 600 19/32" 577 6-Patch 11/32" 755 1,250 1,270
Edmonton4 373 373 393 510 590 23/32" 630 19/32" 965 1,465 1,495
1–Plants in Tex., La., Ark., and Okla. 2—Plants in Ga., Ala., Miss., S.C., and Tenn. 1-1/8" 980 19/32" RB&B 1,015 1,505 1,535
3–Plants in Va., W. Va., N.C. 4–Prices delivered in Canadian funds, GST not included. 640 1,000 1,035
5–Add 10-20 for Struc 1.
CONCRETE FORM 18-Patch11/32"
5/8" 985 19/32" 880 1,270 1,285
3/4" 1,027 19/32" RB&B 945 1,300 1,330
SOUTHERN PLYWOOD1
SHEATHING
Rated Mill Grade WEST COAST VENEER
From: WEST CENTRAL EAST WEST CENTRAL EAST CD—8' 54" 27" RW F/T Mix1
3/8" 300 300 300 230 225 230 Douglas Fir 1/10" 55.00 40.50 25.00 21.00 48.75
15/32" 3-ply 390 385 415 270 265 270 Douglas Fir 1/8" 68.75 50.50 31.50 25.25 61.00
15/32" 4-ply 390 400 417 280 290 290 White Woods 1/6"2 83.50 64.50 38.00 30.00 —
19/32" 4-ply 468 465 488 295 300 300
23/32" 570 570 590 390 390 410
AB—8'
SANDED UNDERLAYMENT Douglas Fir 54" 27"
AC BC C X-Band, T&G 1/10" 109.00 99.00
From: WEST EAST WEST EAST WEST CENTRAL EAST 1—75% 54", 10% 27", 10% RW, 5% F/T. 2—White Fir, Hemlock, Spruce
1/4" 420 450 400 410 19/32" 555 545 545
11/32" 405 400 385 390 23/32" 640 640 645
15/32" 505 510 460 470 CONCRETE FORM COMPOSITE PANELS
19/32" 605 595 575 550 19/32" 660 — 655 INDUSTRIAL PARTICLEBOARD INTERIOR PB MELAMINE5
23/32" 695 675 630 640 23/32" 825 — 825 WESTERN SOUTHERN UNDERLAYMENT WEST EAST
COAST1 INLAND2 CENTRAL3 EAST4 WESTERN
SIDINGS, Rough Sawn, 8-foot, 6-patch 3/8" 245 250 285 295 235 — —
From: WEST EAST 1/2" 270 275 310 320 250 — —
11/32" 530 595 5/8" 310 330 365 375 300 565 650
19/32" Grooved 4" or 8" o.c. 785 870 11/16" — — 385 395 — — —
19/32" RB&B 795 870 3/4" 360 370 410 415 355 595 680
1—West – Plants in Tex., La., Ark.; Central – Plants in Ala., Miss.; East – Plants in Ga., Fla., 1-1/8" — — 615 630 — — —
S.C., also N.C. and Va., where prices are slightly higher. 1—Western Ore. 2—Eastern Ore. 3—Ark., La., Miss., Ala. 4—Ga., S.C. 5—Thermally
fused. Coated on both sides, commodity face grade (80 gram), standard white.
For Plywood Service Charges, see www.randomlengths.com.

Go to In Depth > Useful Data > Plywood Service Charges, MEDIUM DENSITY FIBERBOARD
or call Random Lengths at 1-888-686-9925 3/8" 1/2" 5/8" 3/4"
WEST1 390 450 545 615
EAST2 380 440 545 590
1—Plants west of the Mississippi River. 2—Plants east of the Mississippi River.
Copyright © 2017 Random Lengths Publications, Inc. Reproduction and retransmission is not allowed except under the conditions of the Subscription Agreement.
Custom price history reports and on-demand graphs for all prices reported by Random Lengths are available at www.rlmyprint.com. 30-day free trial.

PANEL PRICE GUIDE
Please refer to the Glossary (pages 22-27) for definitions of the species and regions.
Oriented Strand Board
Oriented strand board (OSB) production comes from mills scattered across
North America. The concentration of production facilities allows for
coverage of f.o.b. mill prices for six producing regions.
Delivered prices are reported for points in the western regions of both the
U.S. and Canada, as well as Toronto. These markets are served by OSB
plants from several of the six producing regions.
Southern Plywood
As with coverage of the Southern Pine lumber market, Southern Pine
plywood coverage designates three producing “zones.” These zones are
defined in the footnote at the bottom of the section, as well as in the glossary
of this manual.
If a price is not shown for a particular item in a Southern Pine zone,
production of the item is either limited or is in the hands of a very small
number of producers (perhaps one).
Western Plywood
Prices are shown for both unsanded and sanded products produced by mills
located mostly in Oregon, Washington, and Idaho.
West Coast Veneer
Veneer (for both plywood and laminated veneer lumber output) is traded
regularly among western plywood plants and veneer plants (green ends) that
may not have plywood producing capabilities. This section of the Panel Price
Guide covers the major items traded.
The prices represent trading primarily among Northwest veneer producers
and plywood and laminated veneer lumber manufacturers. However, veneer
is traded from locations stretching from British Columbia to Northern
California. Western Oregon is considered the “primary producing region”
and is the focus for this report.The “Mix” is an indicator price, weighted
according to the footnote. The percentages approximate the yield of a
second-growth log.
Particleboard, Medium Density Fiberboard, and Melamine
The footnotes describe the geographic areas from which prices are gathered
for the report.

MARKE T COMMENTARIES
Market Commentaries
The Random Lengths reporting/editorial staff is in contact with hundreds of
market participants each week. “Market commentaries” on Pages 4, 9, 10,
and 11 recap the information gathered by the staff about activity at the mill,
wholesale, and retail levels.
The “Lumber Market Report” begins on Page 4 with an overview of market
activity. This is followed by four sections: 1) Dry Framing Lumber, 2) Green
Framing Lumber, 3) Stud Lumber, and 4) Other Items.
The “Panel Market Report” is on Page 11. Comments cover market activity
for OSB, plywood, veneer, and particleboard.
Market Indicators (Pages 4 & 11)

Two charts (both titled “Market Indicators”) give you a quick reference for
market trends as you read the market commentaries for the lumber and
panel markets.
The “Framing Lumber Composite Price” and the “Structural Panel
Composite Price” are indicators for general price movements in the framing
(dimension and studs) lumber and structural panel markets.
Random Lengths Framing Lumber Composite Price
(below) The Random Lengths Framing Lumber Composite Price is a
weighted average of prices of 15 key framing lumber items. They are: KD
Inland Hem-Fir (Spokane) Std&Btr 2x4; KD Southern Pine (westside) #2
2x4; KD Western Spruce-Pine-Fir #2&Btr 2x4; KD Eastern Spruce-Pine-Fir
(Boston) #1&2 2x4; green Douglas Fir (Portland) Std&Btr 2x4; KD Inland
Hem-Fir (Redding) #2&Btr 2x10; KD Southern Pine (westside) #2 2x10; KD
Western Spruce-Pine-Fir #2&Btr 2x10; green Douglas Fir (Portland) #2&Btr
4 KD
2x10; Coast
March Hem-Fir studs; KD Fir&Larch studs; KD Southern Pine
10, 2017
(westside) studs; KD Western Spruce-Pine-Fir studs; KD Eastern Spruce-

Lumber Market Report
Pine-Fir (Boston) studs; and green Douglas Fir studs.
Lumber Market Indicators

This Last Year $425 300
Week Week Ago
Framing Lumber 250
Framing Lumber Composite Price $402 $407 $322 $400
Composite Price
2x4 #2&Btr KD Western S-P-F 354 369 290 200
$375
2x4 Std&Btr Grn Douglas Fir (Portland) 370 370 322 150
$350
2x4 #2 KD SYP (Westside) 484 490 373 100
$325
2x4-8' PET KD Western S-P-F 320 332 227 50
1x12 #3 KD Ponderosa Pine 525 510 345 $300

0
Random Lengths Index* –3.4 –5.1 –8.2 $275 -50
Random Lengths Index
* The index is a numerical representation of market activity, based on a ratio of western
sawmill order files to inventories. In computing the index, the data are compared with $250 -100
similar data averaged over the past five years. 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17
Market Overview Dry Framing Lumber

Toll-free Phone (U.S./Canada): 888-686-9925Southern
A Prices of framing lumber weakened by varying degrees. • Website: www.randomlengths.com
Pine ^ Diminished sales activity and an 17
Trading ranged from a standoff between buyers and sellers, abundance of prompt mill offerings exerted downward
such as in green Douglas Fir, to a free-fall, as was the case in pressure on most prices. Many mills held quotes close to last
Western S-P-F. A second week of sharp double-digit drops week’s reported levels, but accepted counters more readily as
MARKE T COMMENTARIES
The Random Lengths Index is derived from western lumber mill order file
and inventory data. It is a measure of market activity that is based solely on
activity in the West. However, it has proven, over the years, to be an accurate
reflection of overall lumber market activity. Data from other producing
regions are not included in this index because similar data are either
unavailable or are released after a considerable time lag.
The footnote more fully describes the index: “The index is a numerical
representation of market activity, based on a ratio of western sawmill order
files to inventories. In computing the index, the data are compared with
similar data averaged over the past five years.”
Random Lengths Structural Panel Composite Price
(below) The structural panel composite price is a weighted average 11
of 11 key
March 10, 2017
structural panel items.

Panel Market Report
Panel Market Indicators
This Week Last Week Year Ago Weekly Chgs($)* $425
Structural Panel Composite Price $404 $407 $349 52-Week Trend Structural Panel
Composite Price
Oriented Strand Board Composite 343 343 252 $400
Southern Pine Plywood Composite 534 534 506
Western Fir Plywood Composite 588 594 531 $375
15/32" 4-ply Rated Southern 390-417 400-417 373-400 * For a list of items
included in each
1/2" 4-ply Western 402 413 332 composite, go to $350
7/16" OSB (North Central) 305 305 225 www.rlpi.com, then
In Depth > Useful
23/32" AC Sanded Western 825 825 755 Data > Monthly
$325
Fir 1/10" CD Veneer Mix 48.75 48.50 47.25 Composite Prices 1Q 16 2Q 16 3Q 16 4Q 16 1Q 17
Oriented Strand Board ^ A two-tiered market de- Western Plywood ^ Trading held at a quiet pace, as
Included
veloped in OSB,are: 7/16-inch
as secondaries garneredOSB
much of(Eastern
the week’s Canada), 7/16-inch
buyers and mills struggled toOSB (North
find common ground. Mills
business. Mill sales were sparse; producers in most regions were willing to accept $5-10 counters on sheathing, but
Central), 7/16-inch
quoted order fi les into late MarchOSB
or later(Southwest),
and held ask- 23/32-inch
often ran intoOSB (North
buyers seeking Central),
counters of $20 or more. The
ing levels firm. Wholesalers and distributors who bought number of inquiries led traders to believe a round of buy-
Western 1/2-inch
during the February 4-ply
rally sold plywood,
below mill replacement23/32-inch Western
ing was underlayment,
imminent. Mills 23/32-
looked to cover increased costs of
inch Western AC, 3/4-inch Western
costs and still turned a profit. In the South, sheathing sales
slowed to a crawl at the mill level. Buyers covered immedi- concrete form, SYP 15/32-inch 3-ply
raw material, while buyers were concerned about downside
risk. Mills maintained thin order fi les, as sales in smaller
(westside),
ate needs throughSYP 23/32-inch
secondaries underlayment
who offered prompt ship-
ment. Distributors and dealers showed little interest in mill
(westside),
volumes at modestand SYP
discounts 15/32-inch
allowed BC
them to stay ahead.
Quiet deals were noted on scattered loadings available for
(westside).
offerings for shipment no earlier than April. One producer prompt shipment. Trading picked up in California as a dry-
sold truckloads of 7/16-inch at $314 in the Southeast, but ing trend emerged, but sales to the Northeast were difficult.
prices were otherwise flat throughout the region. One producer took steeper discounts early in the week to
Product andregions
Producers in northern Species
fell back onComposite
order fi les, and Prices (Pages 9 & 11)
move thick panels, but went back to quoted levels thereafter.
reported prices were unchanged. Poor weather throughout Limited activity led to a downward trend in sheathing pric-
Just
much ofasthethe
Westwidely used
led to skimpy sales and popular
for mills in Western Random
Canada. Mill order fi les in that region extended into the
Lengths
es. 1/2-inch Framing
4-ply softened, Lumber
with reports and
of sales under
$400 mark. A lack of demand also pushed down prices of
the
Structural
week of March 20Panel Composites
or later, and provide
producers held quotes. Most a broad
Struc 1, measure
underlayment, ofCCX,price
and CCmovement,
P&TS panels. Sanded
traders in Eastern Canada also reported a flat market, and sidings were flat.
tables
although aand
reportgraphs
circulated ofdetailing the
a block deal at 14 composites introduced in 2004 allow
discounts.
Customers in western delivered markets covered needs Veneer ^ Prices of Douglas Fir sections stayed on an up-
traders to measure
through secondaries. Inquiriesprice trends
from customers in specificward
in Califor- product groups
track, as demand from and
the LVLspecies. Theand
sector held steady
nia rose. even perked up for some. Green ends pushed prices another
weekly price change for the previous 52 weeks appears in a mini-chart, to the
50 cents to $1 higher on 54s, and half sheets kept pace.
right
Southern of each
Plywood item on the
^ Retailers andtable. The
distributors
busy, as the Southeast experienced warm weather. Even so,
weregrey Mixed
line in the
reports middle
developed of
on inner these
plies, withcharts
some lay-ups
scrambling to meet their needs. Others reported an ample
represents
the activity wasn’tzero
enoughchange
to keep millfrom thesoftprevious
prices from en- week.
volume andFor apremiums
that no list of toitems included
last week’s levels were in
ing. Buyers tightly managed inventories and were hesitant paid. White wood 1/6 gained 50 cents across the board.
each composite,
to purchase larger volumes.go Mosttobought
www.rlpi.com
hand to mouth, and click on In Depth > Useful Data >
while waiting for a clearer market direction. Order fi les at Composite Panels ^ Particleboard sales were nar-
Monthly Composite
most mills extended into the weekPrices.
of March 20, and many rowly mixed by region. Mill order fi les reached as far as
tried to hold firm to their quotes. The spotty sales activ- four weeks in the South. Demand was especially strong for
ity prompted some producers to open to modest counters, door core stock. Distributors and end users replenished
while maintaining their established quotes. steadily. Mills noted, however, that they were still waiting
for the expected surge of orders among buyers stocking up
Wholesalers offered double-digit discounts under mill
levels for panels ready to ship. Rated sheathing prices on
for the second quarter. Trading in the West sustained the
pace of recent weeks. MDF stayed tight in the East. Produc-
the westside showed greater weakness than the other zones. ers in the West shipped readily into the Midwest and tradi-
Reported prices were flat to down $2-5 in all zones. A lack tional markets in the East. Distributors in Eastern Canada
lected items. However, $5-15; Fir&larch 2x4-8s and ES-LP 2x6-9s were the excep-
ace was enough to hold tion. Fir&Larch 2x4 and 2x6 9-footers led the declines, with
d about $5 at Inland quotes dipping to as low as $400 and $405, respectively.MARKE
Stiff T COMMENTARIES
hanged. In contrast, competition for orders from the key Texas market pushed
erior slipped $5-10. A fingerjointed prices $10-15 lower.
e Fir/Hem-Fir showed up
hrough 2x8 slipped $3-5. Lumber Composite Price Comparisons1 01_LCGZ_Dim.txt
01_LCGZ_Dim.txt
s in Northern California This 01_LCGZ_Dim.txt
Last Year
01_LCGZ_Dim.txt
Week01_LCGZ_Dim.txt
Week Ago
01_LCGZ_Dim.txt
01_LCGZ_Dim.txt
Weekly
Changes($)*
SR, Fir&Larch 2x4 1800f 01_LCGZ_Dim.txt
01_LCGZ_Dim.txt
01_LCGZ_Dim.txt
02_LCHA_Stud.txt
10
01_LCGZ_Dim.txt
02_LCHA_Stud.txt
Random-Length Dimension 02_LCHA_Stud.txt
397 403 331
02_LCHA_Stud.txt
400f were available for 02_LCHA_Stud.txt
02_LCHA_Stud.txt
02_LCHA_Stud.txt
e small premium 2x6 Stud

March 10, 2017 02_LCHA_Stud.txt
02_LCHA_Stud.txt
02_LCHA_Stud.txt
03_LCHB_Low.txt
02_LCHA_Stud.txt
03_LCHB_Low.txt
369 376 289
03_LCHB_Low.txt
03_LCHB_Low.txt
03_LCHB_Low.txt
03_LCHB_Low.txt
03_LCHB_Low.txt
03_LCHB_Low.txt
03_LCHB_Low.txt
Low-Grade Random Dimension 03_LCHB_Low.txt
04_LCHC_Brd.txt
300 302 229
03_LCHB_Low.txt
04_LCHC_Brd.txt
04_LCHC_Brd.txt
04_LCHC_Brd.txt
04_LCHC_Brd.txt
04_LCHC_Brd.txt
04_LCHC_Brd.txt
04_LCHC_Brd.txt
mber
Board 04_LCHC_Brd.txt
623 620 604 the coming months. A number of m
Other Items
04_LCHC_Brd.txt
05_LCHD_Shop.txt
04_LCHC_Brd.txt
05_LCHD_Shop.txt
05_LCHD_Shop.txt
05_LCHD_Shop.txt
05_LCHD_Shop.txt
Shop and Mldg&Btr
05_LCHD_Shop.txt
05_LCHD_Shop.txt
05_LCHD_Shop.txt
692 686 645
05_LCHD_Shop.txt
05_LCHD_Shop.txt
06_LCHE_CstDry.txt
back orders and were more comfor
05_LCHD_Shop.txt
06_LCHE_CstDry.txt
06_LCHE_CstDry.txt
06_LCHE_CstDry.txt
06_LCHE_CstDry.txt
06_LCHE_CstDry.txt
Above average snowfall in higher e
en Fir Std/#2&Btr di- Coast Dry Random and Stud
Boards ^ Veteran traders379 noted 383 06_LCHE_CstDry.txt
that316supplies of west-
06_LCHE_CstDry.txt
06_LCHE_CstDry.txt
06_LCHE_CstDry.txt
07_LCHF_Inland.txt
06_LCHE_CstDry.txt
07_LCHF_Inland.txt harvests in many regions, but some
ts on the market were all ern boards were as tight as they
Inland 460 have
07_LCHF_Inland.txt
07_LCHF_Inland.txt
459seen393in their careers.
07_LCHF_Inland.txt
07_LCHF_Inland.txt
07_LCHF_Inland.txt log decks recently. Order fi les were
07_LCHF_Inland.txt
n prices of dry species Ponderosa Pine mills commanded firm to higher prices.
07_LCHF_Inland.txt
07_LCHF_Inland.txt
08_LCHG_SYP.txt
07_LCHF_Inland.txt
08_LCHG_SYP.txt
08_LCHG_SYP.txt pushed prices higher in some cases
08_LCHG_SYP.txt
the most part, produc- Southern Pine 436 439 367 08_LCHG_SYP.txt
08_LCHG_SYP.txt
Upward momentum remained strongest on #3, and prices 08_LCHG_SYP.txt
08_LCHG_SYP.txt
08_LCHG_SYP.txt tance. Buyers clamored for low-gra
lesmen remained con- in the Inland Empire rose $5-15.
Western S-P-F 348 12-inch
08_LCHG_SYP.txt
09_LCHH_WSPF.txt
08_LCHG_SYP.txt
09_LCHH_WSPF.txt
360 274 in California
09_LCHH_WSPF.txt
09_LCHH_WSPF.txt
09_LCHH_WSPF.txt but supplies remained tight. Prices
09_LCHH_WSPF.txt
re close to replenishing jumped $20 for the week. Some
09_LCHH_WSPF.txt
09_LCHH_WSPF.txt
suppliers noted resistance
09_LCHH_WSPF.txt
09_LCHH_WSPF.txt
10_LCHI_ESPF.txt
09_LCHH_WSPF.txt
10_LCHI_ESPF.txt edged higher. #2 6/4 shop also stren
Eastern S-P-F
rs stepped in for modest 419 423 345 10_LCHI_ESPF.txt
10_LCHI_ESPF.txt
from their customers on #3 prices, but tight supplies were
10_LCHI_ESPF.txt
10_LCHI_ESPF.txt
10_LCHI_ESPF.txt shipments of Radiata Pine Mldg&B
10_LCHI_ESPF.txt
ices retreated following Green Douglas Fir
undeniable. Canadian producers 413 of 413
10_LCHI_ESPF.txt
10_LCHI_ESPF.txt
11_LCHJ_GrDF.txt
ES-LP
367sold out into the
10_LCHI_ESPF.txt
11_LCHJ_GrDF.txt
11_LCHJ_GrDF.txt
11_LCHJ_GrDF.txt adequately balanced between suppl
ater and waiting to see second
*
11_LCHJ_GrDF.txt
11_LCHJ_GrDF.txt
quarter, with robust sales domestically, to the U.S.,
11_LCHJ_GrDF.txt
52 weeks. 1–For a list of items included in each composite, go to www.rlpi.com
11_LCHJ_GrDF.txt
11_LCHJ_GrDF.txt importers tested higher quotes for R
11_LCHJ_GrDF.txt
sman. Reported prices and click on In Depth > Useful Data > Monthly Composite Prices.
11_LCHJ_GrDF.txt
and offshore. One European Spruce importer raised prices constricted supplies for Ponderosa
across the board, as demand ran well ahead of supplies. remained steady.
Continued on page 10…
Idaho White Pine Sterling 10- and 12-inch adjusted down-
Lumber Composites
ward, but maintained large premiums to Ponderosa Pine. Treated ^ Southern Pine treate
the active pace of recent weeks in th
(above) The Lumber
Trading inComposite
Southern Pineitems are:ifRandom-Length
was steady, moderately slower Dimension;
gained momentum in the Mid-Atla
Stud; Low-Grade Random
than activity in theDimension;
previous severalBoard; Shopbusiness
weeks. Pattern and Mldg&Btr; Coastand Midwest where m
the Northeast
Dry Random sustained
and Stud;a robust pace. Prices were firm nearly across the
Inland; Southern Pine; Western
board, with #2 1x4 and 1x6 straight lengths posting scat-
S-P-F; tions took hold. 2x4-8s and 4x4-8s
Eastern S-P-F;
selling items, as fencing companies
and Green Douglas Fir.1x4-12s
tered gains. The Lumber
remained aComposites tablemills.
standout for several and chartsupappear onDemand for fencing
for spring.
Surpluses
page 9, in a table of D 1x6
separate shorts
from thedeveloped
Lumber at some mills.Indicators
Market #3 1x6 oncially
page strong
4. in Texas. Some dealers
sold as high as $325. In Eastern White Pine, Premium 1x6 Northeast bought conservatively. Th
and 1x8 were a challenge in spots, but most other mills conditions had only recently impro
reported strong demand and robust order fi les. 8-inch was the wake of last month’s surge were
Panel Composites
offered as low as $800 and as high as $875. 6-inch spanned
an $850-875 range. Standard 1x6 edged up. Standard 1x12 Cedar ^ Trading was steady, as h
(previous page) The
sold Panel Composite
in a $600-625 items
range. Industrial are
was fi Oriented
rm to higher, Strandconsumption
Board, was unabated despite
Southern Pinewith
Plywood,
some milland
quotesWestern Fir Plywood. The Panel Composites
hitting $400. Buyers in need of coverage scrambl
needed and accepted higher levels.
table and charts
Shopappear on page
^ Demand 11,and
for shop and are combined
Mldg&Btr was steady, with theished
Panelafter realizing previous purch
Market Indicators table.
as window manufacturers and millwork plants continued Even with the upward price trajecto
to shore up their inventories for anticipated brisk sales in some producers worried about not
increased log costs. Log supply was
Lumber Production, Sales, and Shipments combined with the higher demand
(Western U.S. mills) Some producers looked into alterna
supply shortages. Timbers were pop
Coast Inland
items. More buyers sought firm pri
Week Ending Mar 4 Feb 25 Feb 18 Mar 4 Feb 25 Feb 18
Production 162 161 159 95 96 98 Shingles & Shakes ^ Spotty
Orders 153 157 164 92 83 92 to keep traders busy. Shingles were
Shipments 157 157 159 97 96 100 especially #1 5X. #2 5X shingles we
Unfilled Orders 268 272 272 251 256 268 weather allowed mills to gain groun
Inventories 768 763 760 546 547 547 tion. The uptick in business fueled
mmbf. From data compiled by the Western Wood Products Association. the spring season. Traders noted co
Most current week’s data subject to revision.
enough logs for production.
Production, Sales, Shipments (Page 10) Subscript

Publisher: Jon P. Anderson
$395.00; p
(above) These Information
figures are compiled
Services for the Forestby the Western
Products Industry Wood Products Editor: Shawn Church
Associate Editors: Jeff Redd, Pete Malliris.
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pdf by em
Association. Itforison-demand
important to note that the “Coast”
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GLOSSARY
Glossary
Lumber Glossary
Grade designations are not included in this glossary.
We suggest you contact the associations listed in this brochure under
“Other Sources of Information.”
Above-ground use: An American Wood Protection Association application standard for
pressure-treated lumber for use out of doors, but without contacting soil.
Atlanta: A destination point for Western Spruce-Pine-Fir. Prices shown in this column
include freight charges to Atlanta.
AWPA: American Wood Protection Association.
Bevel: A type of Cedar siding in which a board has been resawn diagonally to be used as
siding for the exterior of a building.
Board: A piece of lumber less than two inches in nominal thickness and one inch or more
in width.
Board Foot: The basic unit of measurement for lumber in the U.S. and Canada. One
board foot is equal to a 1-inch board 12 inches in width and 12 inches in length. When
board feet are calculated, nominal sizes are assumed.
Boston: A destination point for Eastern Spruce-Pine-Fir. Prices shown in this column in-
clude freight charges to Boston.
California Mills: Ponderosa Pine and Hem-Fir mills in Northern California and Southern
Oregon.
Central: A Southern Pine producing region that includes mills in Alabama, Mississippi,
and that portion of Louisiana east of the Mississippi River.
Channel: A type of Cedar siding having a three-sided groove cut into its face.
Coast Hem-Fir: Hem-Fir is a species combination consisting primarily of White Fir and
Western Hemlock. “Coast” Hem-Fir is produced by mills in Western Oregon, Western
Washington, and British Columbia, and is generally understood to be primarily West-
ern Hemlock.
Contract Freight Rates: Rail freight rates negotiated between the railroad and the ship-
per (a mill or distributor) often guaranteeing a certain volume of freight over a specified
time period.
Copyright: All information, including the price guides, appearing in Random Lengths
is copyrighted and may not be reproduced or transmitted in any form, electronic or
mechanical, including photocopy, recording, facsimile, or any information storage or
retrieval system, without written permission from the publisher.
Cost & Freight (C&F): A basis for quotation that includes the price of the goods (cost) and
the expense of shipment (freight) to a specific destination.
Cost, Insurance & Freight (CIF): A term used in waterborne shipments to indicate that
the price quoted incudes all charges from the point of origin to the port of destination,
including the original cost of the goods.
Cost, Insurance, Freight & Exchange (CIF&E): A similar term as above, plus an addi-
tional charge due to a difference in the monetary exchange rate between countries of
origin and destination.
Customer Specified Loading: A loading consisting of the exact lengths, widths, and
grades, etc., specified by the buyer.

GLOSSARY
Delivered Price: The price of an item with the freight to destination included.
Dimension: Lumber that is from two inches up to (but not including) five inches thick,
nominal measure, and that is two or more inches in width.
Douglas Fir: A species of softwood found throughout the Western U.S. and Western
Canada.
Eastern Spruce-Pine-Fir: Lumber of the Spruce-Pine-Fir group produced in the eastern
provinces of Canada.
Eastern White Pine: A softwood species found throughout the Northeast U.S. and East-
ern Canada. Also found in the Upper Midwest and Virginia and the Carolinas.
Eastside: A Southern Pine producing region that includes mills in Georgia, Florida, and
South Carolina. Mills in North Carolina and Virginia are also considered to be part of
the eastside region, but prices are usually higher in these two states.
Engelmann Spruce: A softwood species found principally along the Rocky Mountains
from Northern British Columbia to Arizona. It is used most often for boards and spe-
cialized products.
ES-LP: A species group consisting of Engelmann Spruce, Lodgepole Pine, and (in dimen-
sion) Alpine Fir.
Fir&Larch: A mix of Douglas Fir and Western Larch, sold together as one species group-
ing. Found in the Inland regions of the Western U.S. and British Columbia.
Framing Lumber: Lumber used for structural members in a house or other building.
Usually consists of 2x4 through 2x12.
Great Lakes: A destination point for Eastern Spruce-Pine-Fir. Prices in this column are
based on delivered prices to Pittsburgh or Columbus.
Green: Unseasoned; not dry. Lumber with a moisture content of more than 19%.
Ground contact: An American Wood Preservers Association application standard for
pressure-treated lumber indicating the product, such as fence posts, is suitable for con-
tact with soil.
GST: Goods and Services Tax. A type of sales tax in Canada.
H/S and R/S Shakes: Handsplit and Resawn shakes that are split from bolts and resawn
to produce two shakes, each with a rough, split face and a smooth, sawn back.
Heavy (Hvy): In shop, lumber that is thicker than standard. In shakes, a reference to
shakes produced with a thickness of 3/4” to 5/4” at the butt.
Idaho White Pine: A softwood species found throughout a wide range of the Western
U.S. and British Columbia. Commonly used for boards and specialty items.
Industrial: A general term for lumber destined for remanufacturing or further seasoning.
Also, a type of particleboard used in the manufacture of furniture.
Inland Mills: Those producers in the “Inland Empire” of Idaho, Eastern Oregon and
Washington, and Montana. Northeastern California is also sometimes considered a
part of the Inland region.
Inland Hem-Fir: Hem-Fir is a species combination consisting primarily of White Fir and
Western Hemlock. “Inland” Hem-Fir is produced by mills in Eastern Oregon, Eastern
Washington, Idaho, and Northern California, and is generally understood to be White
Fir.
Kiln Dried: Lumber that has been seasoned in a kiln to a predetermined moisture con-
tent.
Long Lengths: A loose term describing lumber longer than the lengths common to the
species or region. Usually refers to lumber 18’ and longer in the Inland West, and 22’
and longer in other producing regions.
Minneapolis: A destination point for Western Spruce-Pine-Fir. Prices shown in this col-
umn include freight charges to Minneapolis.
Montreal: A destination point for Eastern S-P-F. Prices include freight charges to Mon-
treal.
MSR: Machine Stress Rated. Lumber that has been evaluated by mechanical stress-rating
equipment.

GLOSSARY
NELMA Rules: Grading rules established by the Northeastern Lumber Manufacturers

Association.
Net f.o.b. Mill: The net mill price to the buyer. Does not include discounts, charges for
freight, or other fees.
Nominal Measure: The common labels for lumber sizes, usually expressed in terms of
the nearest inch, regardless of actual surface measurements. In lumber, the nominal
size is usually greater than actual dimension. Thus, a kiln-dried 2x4 ordinarily is sur-
faced to 1-1/2 inches x 3-1/2 inches.
Northern California: A shipping point in Northwest California. Douglas Fir mills in this
area have similar freight rates to major markets, which result in f.o.b. mill prices that
usually fall within a narrow range.
Palletized Loadings: A method of shipping shingles and shakes, in which bundles are
loaded on pallets for ease of handling while in transit.
Partly Air Dried (PAD): Seasoned to some extent by exposure to the atmosphere, without
artificial heat, but still considered green or unseasoned.
PET: Precision End Trimmed. Lumber trimmed on both ends to a uniform length, with a
manufacturing tolerance of 1/16-inch less than or greater than the specified length in a
maximum of 20% of the pieces.
Ponderosa Pine: A softwood species found in a wide range, from British Columbia to
Mexico, and from the Dakotas to the Pacific Coast. Widely used in general construc-
tion, most often as boards. Also used in millwork and in cuttings for remanufacturing.
Portland: A shipping point in Oregon. Producers in this area have similar freight rates to
major markets, which result in f.o.b. mill prices that usually fall within a narrow range.
Posts, Beams, and Timbers: A general reference to lumber 4 inches and larger in both
width and thickness.
Pressure-Treated Lumber: Lumber that has been treated with various chemicals, such
as preservatives, by forcing the chemicals into the structure of the wood using high
pressure.
Product Standard 20-15: The designation for the National Bureau of Standards Volun-
tary Product Standard covering softwood lumber. The standard establishes dimension-
al requirements, technical requirements, and methods of testing, grading, and marking
the products.
Radiata Pine: Pinus radiata. This species is widely planted in New Zealand and Austra-
lia, and is also exported from Chile. In the U.S., it is commonly called Monterey Pine.
Also called Kiwi Pine, Insignis Pine.
Radius-Edge Decking (RED): A type of decking material, usually 5/4” thick by 4 or 6
inches wide, and having two rounded edges.
Random Lengths: Lumber of various lengths, usually in even, 2-foot increments.
Resawn: Lumber that has been sawn on a horizontal axis to produce two thinner pieces.
Rocky Mountain Region: Portions of the Inland West and Southwest, including Arizona,
New Mexico, Colorado, and Utah.
Rough Moulding & Btr: A grade combination purchased by moulding producers. It con-
sists of the grades Moulding Stock, D Select, and C&Btr Select in combination. Usu-
ally Ponderosa Pine or White Fir.
Rough Dimension: Lumber that has been sawn, edged, and trimmed but has not been
dressed or surfaced.
S1S2E: Lumber that has been surfaced on one side and two edges, leaving one rough side.
Selects & Commons: As used in Random Lengths, a general reference to lumber that
is 1 inch to 6/4” in thickness and 3 or more inches in width. A collective reference to
boards.
Shake: Roofing material, usually made from Cedar, having at least one surface with a
natural grain texture. Often split by hand and resawn.
Shingle: Roofing material, often made from Cedar. Wood shingles have sawn faces and
backs, and are tapered to a standard thickness at the butt.

GLOSSARY
Shop: Lumber graded for the number and sizes of cuttings that can be taken from it,
used for the manufacture of other products such as doors and window parts.
Skip: An area on a piece of lumber that a planer fails to surface.
Southern Pine: A species group composed primarily of Loblolly, Longleaf, Shortleaf,
and Slash Pines. Found in the southern states from Texas to Virginia. Also called
Southern Yellow Pine.
Specialties: A general term referring to products with specialized uses and not falling
into other lumber categories such as dimension, boards, etc. Examples include fencing,
treated items, sidings, etc.
Spokane: A shipping point in Eastern Washington. Producers in this area have similar
freight rates to major markets, resulting in f.o.b. mill prices that usually fall within a
narrow range.
Spruce-Pine-Fir (S-P-F): Woods of similar characteristics that have been grouped togeth-
er for production and marketing. Usually refers to Canadian production, with Western
S-P-F produced in British Columbia and Alberta and Eastern S-P-F produced east of
the Rockies.
Squares and Timbers: A reference to lumber that is at least 4x4 (a square) or larger (a
timber).
Stain: Discoloration on lumber caused by fungal growth, weathering, or the oxidation of
metallic substances in a log.
Standard Sawn: Lumber cut to sizes and specifications described in various grading rules.
Straight Lengths: A single length of lumber, such as 16-foot, or a unit or load of a single
length.
Structural Light Framing: Dimension lumber up to 4 inches in width which provides
higher bending and strength ratios for use in engineered applications such as roof
trusses.
Stud: A vertical framing member, usually cut to a precise length at the mill, designed
to be used in framing building walls with little or no trimming before they are set in
place. Usually 2x4 but can be 2x3 or 2x6.
Sugar Pine: A softwood species found in Northern California and Southern Oregon.
Widely used in millwork, patternwork, and various interior applications.
Tally: A numerical breakdown of the various lengths and/or widths in a load of lumber.
Tapersawn (UBC): Tapersawn shakes acceptable under the standards of the Uniform
Building Code.
TOFC: Trailer on Flat Car. A method of shipping in which a truck trailer loaded with
lumber is placed on a flat car and moved by rail to a destination, then unloaded and
moved by tractor to a drop point. Also called “piggyback.”
Toronto: A destination point for Spruce-Pine-Fir from origins in both Western and East-
ern Canada. Prices shown include freight charges to Toronto.
Unitized Loading: A loading in which the product is securely gathered into standard
units, usually fastened with steel straps, and often covered with paper or plastic.
Use Category 3, 4: American Wood Protection Association application standards for
pressure-treated lumber based on retention levels of chemical treatments.
Wane: Bark, or the lack of wood from any cause, on the edge or corner of a piece of lum-
ber.
Western Red Cedar: A softwood species found principally along the western edges of
British Columbia, Washington, and Oregon. Used extensively in roof coverings, exte-
rior sidings, decks, fences, and other outdoor applications.
Western Spruce-Pine-Fir: Lumber of the Spruce-Pine-Fir group produced in British
Columbia and Alberta.
Westside: That part of the Southern Pine lumber producing region that includes Texas,
Oklahoma, Arkansas, and Louisiana west of the Mississippi River.
Wet From Cylinder: Pressure-treated lumber that has not been kiln dried after removal
from the treating retort.

GLOSSARY
White Fir: A softwood species found in a wide range in the western U.S. The Western
Wood Products Association now offers a “White Fir” dimension grade stamp, but
requires that the production be 100% White Fir or any of the true fir species, with no
Hemlock allowed. Moulding and shop produced from this species group is designated
“White Fir.”
Panel Glossary
Grade designations are not included in this glossary.
We suggest you contact the associations listed in this brochure under
“Other Sources of Information.”
1/6”, 1/8”, 1/10”: Veneer thicknesses.
6-Patch: A grade of siding. The term refers to the maximum number of patches allowed
in each panel. A proprietary name for this grade is “Premium.”
18-Patch: A grade of siding. The term refers to the maximum number of patches allowed
in each panel.
27”: Veneer 24 inches to 27 inches in width.
54”: Veneer 48 inches to 54 inches in width.
Canada: A reference to the origin of OSB covered in this section of the price guide.
Central: A producing zone for Southern Pine plywood and particleboard. The plywood
producing zone consists of Mississippi and Alabama. The particleboard producing
zone consists of Arkansas, Mississippi, and Alabama.
Eastside: A producing zone for Southern Pine plywood and particleboard. The plywood
producing zone consists of Georgia, Florida, and South Carolina, plus North Carolina
and Virginia, where prices are usually higher. The particleboard producing zone con-
sists of Georgia and South Carolina.
Eastern Canada: A producing region for OSB encompassing plants in Ontario and Que-
bec.
F/T: Fishtail. A piece of veneer from the outer portion of the log, produced during the
rounding of the log, or block, on the lathe. This veneer has one angled side. Fishtails
are trimmed to make rectangular pieces and used most frequently as core material in
plywood.
Industrial: A type of particleboard used as core stock in the manufacture of furniture,
doors, etc.
Interior Underlayment: A type of particleboard used as subflooring.
Medium Density Fiberboard: A dry-formed panel manufactured from wood fibers com-
bined with a synthetic resin or other suitable binder and compressed in a hot press to a
density of 31 to 50 pounds per cubic foot.
Melamine: A composite panel, usually with a particleboard or MDF substrate, coated
with a thermally-fused laminate. Used in countertops, cabinets and similar applica-
tions.
Mid-Atlantic: A producing zone for OSB that includes North Carolina, Virginia, and
West Virginia. Mill Grade: Plywood that conforms generally to size, thickness and glue
line requirements, but lacks some of the quality characteristics necessary for grading
agency approval.
Mix: A loading of veneer of mixed sizes, consisting of 75% 54”, 10% 27”, 10% random
width, and 5% fishtails. Veneer is rarely sold in this fashion any longer. However, this
price (derived mathematically from individual item prices) is considered an indicator
for the veneer market.
North Central: A producing region for OSB that includes Minnesota, Michigan, and
Wisconsin.
Oriented Strand Board (OSB): Panels made of narrow strands of fiber oriented length-
wise and crosswise in layers, with a resin binder.

GLOSSARY
Panel: A sheet of plywood, oriented strand board, waferboard, particleboard, or similar

product, usually 4x8 feet.
Particleboard: A panel product made from discrete particles of wood mixed with resin
and formed into a solid board under heat and pressure.
Prices Delivered: Prices that include freight to the destination listed.
RBB: Reverse board and batten. A siding pattern made to resemble a common pattern
made from boards and battens, in which the boards are nailed over the battens, pro-
ducing a narrow insert.
Rough Sawn: A type of siding in which the face has not been dressed, to give a rustic
effect.
RW: Random Width. Veneer clipped to various widths, usually less than two feet wide.
Sanded: A plywood panel that has been processed through a machine sander to provide
a smooth surface on one or both sides. A or B grade veneers are usually used for at
least one side of the panel.
Sheathing: Plywood, oriented strand board, or waferboard used to close up side walls,
floors or roofs preparatory to the installation of finish materials on the surface. Also
commonly used for pallets, crates, and other industrial uses.
Sidings: Panel products intended for use as the exterior wall covering of a building.
Southeast: A producing zone for oriented strand board consisting of the states of Geor-
gia, Alabama, Mississippi, South Carolina, and Tennessee.
Southwest: A producing zone for oriented strand board that includes Texas, Louisiana,
Arkansas, and Oklahoma.
Southern: A reference to the Southern Pine producing region.
Southern Plywood: Plywood produced primarily from Southern Pine veneers.
T&G: Tongue and Groove. Panels machined to have a groove on one edge and a protrud-
ing tongue on the other, so that the pieces will fit snugly together, with the tongue of
one fitting into the groove of another.
Toronto: A destination for oriented strand board shipments. Prices shown are “deliv-
ered.”
Underlayment: Panels designed to be used as a subfloor under the finished floor of a
building.
Westside: A Southern Pine plywood producing zone that includes Texas, Louisiana, and
Arkansas.
Western: A reference to the western producing region that includes Oregon, Washing-
ton, Idaho, Montana, and California.
Western Canada: A producing region for OSB that includes B.C., Alberta, Manitoba,
and Saskatchewan.
Western Markets: Delivery points for oriented strand board.
Western Plywood: Plywood produced in the Western U.S. A variety of species can be
used in western plywood production. Douglas Fir is the most common species used for
the faces of western plywood panels.
White Woods: Veneers from Hemlock, true firs, Spruce, and Alder, usually used as core
stock in the manufacture of western plywood.
Other Sources of Information

Terms Of The Trade: Published by Random Lengths; the fifth edition of a reference for
forest products industry terminology. Cost: $64.95 ($54.95 for subscribers).
Buying & Selling Softwood Lumber & Panels: Published by Random Lengths; a
manual for trading softwood lumber and panel products. Cost: $46.95 ($37.95 for
subscribers).

OTHER SOURCES
Grading books and product information are available from the trade associations serving
the industry. Grading books may also be obtained from any of a number of grading
agencies that are not connected to associations. These sources of information can be
valuable to you in understanding the industry, as well as help you read Random Lengths.
The associations and other sources of statistical information relating to the industry are
listed below:
American Forest & Paper Assn.: 1111 19th St. NW, Ste 800, Washington, DC 20036;
(202) 463-2700; www.afandpa.org
American Wood Protection Assn.:P.O. Box 361784, Birmingham, AL 35236; (205)733-
4077; www.awpa.com
APA - The Engineered Wood Assn.: 7011 S. 19th St., Tacoma, WA 98466; (253) 565-
6600; www.apawood.org
Council Of Forest Industries: Ste 1501 700 W Pender St., Vancouver, BC V6C 1G8
Canada; (604) 684-0211; www.cofi.org
Cedar Shake & Shingle Bureau: #2 – 7101 Horne St., Mission, BC V2V 7A2 Canada;
(604) 820-7700; www.cedarbureau.org
National Assn. of Home Builders: 1201 15th St. NW, Washington, DC 20005; (800)
368-5242; www.nahb.org
Southeastern Lumber Manufacturers Assn. Inc.: 200 Greencastle Road, Tyrone, GA
30290; (707) 631-6701; www.slma.org
Southern Forest Products Assn.: 6660 Riverside Dr Ste 212 Metairie, LA 70003; (504)
443-4464; www.sfpa.org
Statistics Canada: 150 Tunney’s Pasture Driveway, Ottawa, ON K1A 0T6 Canada;
(800) 263-1136; www.statcan.gc.ca
TECO: 1507 Matt Pass, Suite 2, Cottage Grove, WI 53527; (855) 266-8326;
www.tecotested.com
U.S. Dept. of Agriculture, Forest Service: 1400 Independence Ave. SW, Washington,
DC 20250-0003; (800) 832-1355; www.fs.fed.us
U.S. Census Bureau: 4600 Silver Hill Road, Washington, DC 20233-6900; (301) 763-
4636; www.census.gov
Western Wood Products Assn.: 522 SW Fifth Ave, Ste. 500 Portland, OR 97204-2122;
(503) 224-3930; www.wwpa.org
You may also find the following Random Lengths publications helpful. Contact us, or
visit www.rlpi.com for sample copies and information.
My Print at WWW.RLMYPRINT.COM: 30 day no-obligation FREE TRIAL. Create on-
demand graphs and price reports using Random Lengths historical prices (1995-cur-
rent) for all 1,600 items.
Midweek: A weekly update of selected prices from the lumber and panel price guide,
including market commentary.
International: This 8-page biweekly report covers international markets for wood
products.
Yardstick: A 24-page monthly report of key wood products statistics and economic indi-
cators, with easy-to-read charts and tables.
Big Book: A directory of the North American softwood forest products industry, includ-
ing both primary and secondary manufacturers, and distributors.
Yearbook: An annual publication that provides 11-year price histories for 310 key items
and 5-year graphs of the histories.
Many other excellent sources of information are available. Feel free to contact Random
Lengths Publications if you think we might be able to help you find needed information
sources.

Ph: 541-686-9925 | Fax: 541-686-9629
Email: rlmail@rlpi.com | Website: www.randomlengths.com
of the na
utive w rrows droppe
was limeek. 2x8& wdr d by double
compa ited on 12-inc fell in smalle gits for a se
di 4 March 10, 20
re co
#2&Bt d to competi h, as it was vi r increments nd-consec- M
Lu
r, but al ng sp ew ed . Downs
Panel Market
2x6 ga l other ec ies. #3 as a rela ide of mos
in t
March 10, 201
7 11 ers kept ed. MSR m #3 prices and 2x4 softened tive va lue
ills open Econom in step
rate m widths of St
ills, alth d/#2&
Report
a low pr with In #1& ough 2x Btr wer
ofi le, w ed y at
Tradin orking to modest co least held; Bt
quotes r 2x4, widel 10 gained $
off thei un #3
g
in need in Eastern S- r own ters, but bu ,
last wee while a few dey differing re
invent
opened of coverage P-F picked up ories. y- dimen k’s levels. In als were repo
p
Panel Marke t Indicators
te
quotes to modest co sted mills w at midweek.
si
Utilit y on gained. Sa orthern Cal
N
. it
mills so Car and truc unteroffers, bu h counters. Buyers buyers anFrami d #3 he les of lo if
Panel Composi This Week
Last Week w grad
te Price
$40 Year Ago
m k sh t M os sa id ld . R ep
4 Wee e buffer. ortage so t they co ng Lumb or
s slow me held to mills
rand Board Com $407 kly Chgs thinne 4-inch er ts onosite
Comp
$349 ($)*
d, So dim2x4 uldn’t Ec Pr
the Can and anticipame traders se ed shipmen their find co on
posite $425
343 52-Week Tren
d ensi #2&Bt on pr r KD Weste
343 ices werrn S-P-F vera
return adian dollar ted a near-ternsed field inve ts, giving
ne Plywood Com
easfirm g
252
Stud Lu
posite Structural Pan
534 el s 2x4 Std&Btr Grn Dougl
Plywood Com 534
506 $400 Composite Pric premiu on sa les to th wea kening, m m round of ntories had to
Fir (Port
mber
e
posite 588 ms to st e U.S. ills real buying 2x4 #2 KD SYP (Wests
Rated Southern 594
531 U .S . mar ra ight M ixed ized st . W it h ide)
stern 390-417
400-417 leng th kets. 2x4 14 loads. #1&2 loadings garn ronger A Pric 2x4-8' PET KD Weste
373
$375 s. #3 2x -f oo t was 2x 4 an er ed es of stud
rn S-P-F
402 -40 0 6 streng d 2x stro trends
orth Central) 413 * For a list of items
thened a bright spot 6 wea kene ng in 1x12 s#3caKD mPonderosa Pine
ded Western 305 332 included in each
Coast in all m am d in Western Western S- e unde r downw
arkets. ong straight P-F pa
305 composite, go
eneer Mix 825 225 www.rlpi.com, to $350
particul ^ Recent w tradin CanRando
g
ada wmasLengt hs rt icularly ard
Index*
825 ea
Hem-F arly Canadia kness in othe drops levels* on The index ispa
then
48.75 755 In Depth > Usefu rticul calar
wea
48.50 Data > Monthly l
ir prod n S-P-F, r fram for the sawmill order 2x 4-9sa files numeri
ly agntation
represe
grcomp o
47.25 Composite Price th e uc er fi in pr ic w ee . Rep to inventories.
or essi
$325 narr s op ltere g lum es w similar k. 2x averaged overtethe
data In
d pasticfive
$5-8 lo ows particul ened to coun d into Coast ber species,
s
Strand Board
1Q 16 2Q 16 supply ere more resi 4 8-foot fell pr es yer
3Q 16
4Q 16 wer, w arly vu te rs on dry fram led to w lie nt , by do ubl
SB, as second ^ A two-tiered 1Q 17 Some bu it h the lnerab most w ing. prices ea knes but dipp
arie ma rke t de- ye rs ex ce ptio le . R ep id th dr op ped up s in 2x4-9s ed none
purcha fi or s, 2x3-8s
sales were spa s garnered much of the wee se in vo lled holes in n of #2&Btr ted prices fini with
fi les into late
rse; producers
in most region
k’s
Western Ply
buyers and mil wood ^ Trading held
ls at
due to
he lume. invent
appare av y rain. In Loca l truckl ies, but wer hich held.
or 2x10, w shed but 2x in most marke$15. Tight su Eastern
6-
sa les in 8s fared bett ts. 2x4-8s an pply led to
to
Market Overview in
Ma
. Wholesalers rch or later and held ask-
s were willing to struggled to find commo a quiet pace, as nt in 2x dr y Dou oad bu e hesita green Fi er. 2x4- d 2x6-
and distributors acc ept n ground. Mil by si lo
ruary rally sold often ran into $5- 10 counters on she ls do ub 4. R ep gl as ne ss w nt to w er ed A r Price
le ft pr s of icesfram
10 s were w er9s w
who bought buyers seekin
g counters of athing, but priced le digits. A nuorted prices Fir, wea knes as spotty ings, bu their qu flat to lumb
ing ea k.wea
urned a profi below mill replacement number of inq
uiries led trad $20 or more. st
prices ock from C mber of trad #1&Btr and was most
of s t foundTrad otesing onrange 2x4-9s d from low a er
standoff
A
wl at the mill
t. In the South,
sheathing sale ing was imm ers to believe The w er e an ad er s #2 &
few ta
such askeinrsgreen to comlas . Som
Doug e
ine a rou re ia no Bt . 2x4-10 peFir,
te wto
leve
gh secondarie l. Buyers covered immedi
s raw material, nt. Mills looked to cover inc nd of buy- ported
on
n mills.
both si 2x 6
ted com
pe ti
r fell Prices
of dr y Dou
Western S-P-F . A s
seconal sodfeweek
it h
wh des of held in best tively
s
ors and dea lers who offered prompt ship-
- risk. Mills ma ile buyers were concerned reased costs of Inland ^ A grow
in in glthe as latter
Fi left some
ll. o
sho wed volu
intained thin
ord about downsid ate slig Some In last wee
k’
, and availabl g numbe from r the
r remai
ne
key prices
littl er fi les, as sale e ht s of produc s of dpeak
pment no ear e interest in mil mes at modes ot hers ly off their land produc levels. for furt e, but buye softrecen
their throug t ru
lier
of 7/16-inch at than April. One producer
l Quiet dea ls wer t discounts allowed them s in sma ller re lis er faded rs m, os astlmiller s had h
to firm. Fi ported the t prices on s were willin 9-footerher downsRand y stay surpl usesquicmoun ted
$31
rwise flat throug 4 in the Southeast, but prompt shipme e noted on scattered loading stay ahead. sp se ide. D om ouLeng edFram k-ship
p
nt. mills, r&Larch #2& oradic sa les lected items. g to negoti- slim, an s in both $5 ble-diths on thing Lumb
e side
hout the region
. ing trend emerg Trading picked up in Cal s available for while ot Bt r 2x pa ce w H ow d pr od
2x4for an the
d 2x week ,gifitnishi cu ts ng at
line
ifor #2 10 ev m w $402
thern regions One producer ed, but sales to the Northeas nia as a dry- &Btr offerin her widths w gained abouas enough to er, ills wea
ke ned, w
ucer sames held week asking
6. Hem
a year -F
ago. ir
ere repo
offerin
fell back on ord took steeper disc t were difficul few mor gs out ere un t $5 at hold $5-15; it le
were unchan mo ve thick panels, oun t. e pr of ch an In Fi r& h al l but tw ve ls gs re
ged. Poor wea er fi les, and but went back ts early in the week to and prices ompt loadinthe B.C. Inte ged. In cont land tion. Fi larch 2x
Trad
4-8sers’ o repo at. Prices at
fl
led to skimpy
sales for mil ls
ther throughou
t
to quoted leve
ls thereafter.Offerings of Std&Btr/#2 gs of W hite or slipped $5 st,
ri ra quotes r&Larch 2x4term andattitu ES-Ldes remartedined itemmost
Limited activity di and, 2x but6 they P 2x6- s si
er fi les in tha in Western were re of #2&Btr &Bt Fir/H -10. compe pping to asrespo 9-footalso 9s derfor alodo
brace
t reg
or later, and pro ion extended into the es. 1/2-inch 4-p led to a downward trend ported 2x12 fr r 2x4 throug em-Fir show A tition fo low nse as to last ers ledh’swprice
mont e the e
ducers held quo ly softened, wit h in she athing pric- so ld readily as low as om mills in h 2x8 slip ed up fi ng erjointe r or deon $4 00 and the declspik
$400 mark. A rs sellin g from
Canada also tes. Most lack rep ort s of sales under the ompt pr , bu t both $3 85 . In MSR N orther pe d $3-5. d pr ices to fr om the key their $4 05own , respinvenintoe
circulated of
reported a flat
market, Struc 1, underla of demand also pushed 1800f he sh ip m 2x 4 an , Fi r& n C al ifo
$10- place 15 oft
lo er. en turne Te xa
d to
s mdistr
ec tive
a block dea l at and sidings wer yment, CCX, and CC P&TS n prices of
dow en d
ld over t. Traders no 2x6 2400f w Larch 2x4 18 rnia Lumbe offerings w out of reloads, asarmuch keibutio
t pus
ern delivered
markets covere ounts.
disc e flat. panels. Sanded #2&Bt ted the er 00 r Comwere o
es. Inquiries r. small pre available fo f posipurch te ased well below curre
from custom d needs P
ers in Califor Veneer ^ Pri Green em ium 2x r Random ri ceGZ_DCim.om
pariso
nt
Framin 6 01_LC
ward track, as ces of Douglas Fir section
This 01_
- -Lengt
Amid the
01_ LCGZ
LC La
n
01_LC st_D_Dim. txt
h Dim Week01_
cauti GZ
Week s
01_ LCGZ
on
GZ _D
on
im.Ye txt
arthe part
g
demand from s stayed on an ension 01_LC LCWe im. txt
of
Stud GZ _Dim. txt
bu
Lumbe
01_ GZ ek _D txt
wood ^ Ret even perked up the LVL sector up-
Do u g to get loads 39702_
01_
01_LC
02_
01_
02_
on
LC GZ
LCGZ _Dim. _D
order
_D
im.
im.Ag txt
txt o
Change ly
txt shipped.
02_ LCHA GZ_D
HA _Stim. im. txt
50 cents to $1 for some. Green ends pushedheld steady and

txt
LC GZ ud.txt
Dela
r
02_ _D
_St
aile 40 HA im.
mensionlas Fir ^ M
LC ud. s($)*
in getting 02_ _St
st experience rs and distributors were
Low-Gr 02_LC LC HA 3_St
_St ud.
higher on 54s ade Ra empt

02_
02_
02_ LCHA
LC
HA
HA
ies
_St ud.
ud.
ud. 33 txt
txt
back
txt 1 to
the mills
d warm weathe Mix , and prices anothe re ill ndom looke d
36903_
for
03_
02_
03_
LC
LC
HA_St
HA
HA
HB
_Stud.
_Stud. ud.txt
txt
txt
nough to kee r. Even so, ed reports develop hal f sheets kept pac ov r m aine sa les Di mensio truck
03_
37LC
LC HA
HB
LCHB _Losw.tx
HB 6
_St
_Lo
_St
_Lo ud.
ud.
txt
tot help get loads s
w.tx txtt
e. ke er the map. Sp d quiet, an of green Fir
03_ LC _Lo w.tx
Board 03_LC HB 28
w.tx txtt
p mil ed on inn n w.tx tt 9
03_ _Low.tx
tight HB_Lo
anaged invent l prices from soften- scrambling to ness 03_ LCHB
meet their nee er plies, wit h some lay-ups pt buye readin d repo Std/#2 30004_ in
03_
03_
04_
03_
04_ 30
LC
LC
LC
LC truck HB_Lo
HB
HB
HC
2
_Low.tx
_Low.tx
_Lo
_Br w.txtavail
w.txttt
abilit y increa
ories and wer volume and tha ds. Others rep ers of gr rs on the si g wea knes s on the m Btr di- rt & Sh op and M shortages04_ 04_LC
came
04_
04_
LC
LC
HB
HC
HC
HC
_Lo
_Br
_Br
HC_Br d.txtt 9
_Brincre
_Br
d.tx
22
w.tx
d.tx
d.tx ttt
t
lumes. Most bou e hesitant orted an ample
04_ LCHC
ased rates. The
paid. White woot no premiums to last wee
LC d.txt
de s ar ldg&Bt 62304_ LC HC_Br d.tx
vinced een Fir held lines, but fo in prices of ket were all
04_LC
ght hand to r ers, espec 04_
05_ 62
ially
05_ LCHD
LC
HC
HC
HC 0_Sh
_Brd.tx
ind.tx
_Br d.tx
d.tx
the
tt
tt
earer market tt 4 Western S-P-F
direction. Ord mouth, k’s leve Coast 05_ LC HC
HD _Br
_Sh
_Br 60
d.tx
op.
d 1/6 gained 50 05_ HD _Sh txt
cents across the ls were their that buyers quotes. Mill r the most padr y species
LC op.
Dry Ra 05_ HD txt
ndom mark69 ets, 206_
05_
05_
as
05_ LC
LC
LC
HD
down
HD _Shop.
_Sh
_Sh
op.
op.txt
txt
txt
ward pressure on p
nto the week er fi les at board. invent in Califo sa lesm rt, prod Inland and St 05_
05_
05_
06_
LC
68
LC
LC
HD
HD
HD 6_Cs
_Sh
_Sh
_Sh
op.
op.
op.
txt
txt
of March 20, Co mp osi pu or ie rn en
ud weste 06_
rn 06_
speci
06_ LC
LC
HD
HE
HD
HE
HE
_Sh
_Cs
es
_Sh 64
op.
op.
tDr
show
txt
txt
txt
y.tx 5tt
heir quotes. Th and many te rchase s. re uc LC _Cs op.
tDr
ed more resilie
s, man W hile som ia were close mained con- -
HE txt
y.tx
rowly mixed Panels ^ Par ticleboard

37 06_ LC HE _Cs tDr y.tx
in 2x4 99-foo
06_
06_38 LC
LCHE _Cs
HE_Cs tDry.tx tDr y.txtt
e
oducers to ope spotty sales activ-
LC tDry.tx
t3_In
06_ HE _CstDr t
sales were narthe recent studs
LC
y waite e buye Southe 06_
07_ HE _Cs
31 y.txtt
t was noted
by to repl 06_
07_ LC HE
HF _Cs tDr
6
four weeks in region. Mill order fi les rea
y.tx
n ra d to rs st en rn Pine 46007_
07_
07_
LC
LC HE
HF
HF
_Cs
_In
_Cs
_In
tDr
tDr
lan
tDr
lan y.tx
d.tx
y.tx ttt in all s
ir established to modest counters,
LC
- 07_
ched as far aswho blinks lly. “We are see if prices epped in for ishing
07_ LC HF _Inlan lan d.tx
y.tx
LC
45 HF
HF _In d.tx
d.tx ttt
quotes. the South. Dem Weste

With
07_LC
07_
07_
08_
LC
LCHF
HF
HF 9_In_In
_In
_In
land.tx
lan
lan 39 d.txttt
d.tx 3tt
door core stoc first,” sa treading modes sprin
k. Distributors and was especia lly strong
rn S-P- LC lan
retreate t F 436
07_
08_
08_
08_ LC
LC
LC g_SY
HF_In
HG
HF
HG
HG _Indraw
_SYlan
_SY
lan
lan P.tx
d.tx
tt t ing near, traders an
d.tx
t tt
d.tx
steadily. Mills and end users for id one m w ater an d follow ing dema
08_
08_
08_ 43
LC
LC
HG
HG
HG 9
_SY
_SY P.tx
P.tx
P.tx
d.tx
uble-digit disc not rep ill sa d w ai in g

Eastern 08_
08_
09_
LC
LC nd.
08_LC HG_SY
HG_SY Howe
_SYP.tx P.tx
36ttt 7
P.tx
t
ver, winte r
for the expecte ed, however, that they wer lenished lesman ti S- P- 08_
09_ LC HG
HG _SY P.tx
was stil
. Repor ng to see
F 34
regions, 09_ LC HH _SY
_W P.tx t
ounts under mil 809_ 09_LC
09_
asHH
36
HG
HH
LCHH_SY _WSPF
0wintr
P.tx.txt
SPF
P.tx t
tt
4y conditions held bac
LC HH_W _W SPF .txt
o ship. Rated d HH
sheathing pric l for the second surge of orders among buy e still waiting
Green 09_LC LC _WSPF 27.txt
SPF .txt
ted pric Douglas gerin
419g10_
09_
09_
09_ LCHH
onsla
LC
HH _W
_W SPF
SPF
.txt
.txt
eater wea kne es on quarter. Tradin ers stocking up es * 52 weeks. Fir

10_
09_
10_
10_ LC
LC
42
LC
HH_W
HH
HI_
HH
HI_
_W
_W
ESPughtSPF
SPF
SPF
.txt
t of heavy rain, and
.txt
.txt
ss Flori the West
10_LC LC HI_
3ESP
HI_
_W
ESP
ESP F.tx.txt
SPF
F.tx
sn
at to down $2- than the other zones. pace of recent .txt
tt
34
weeks. MDF g in the West sustained the
10_ ESP F.tx
da, T and cli 1–Fo
ck on In r a list of ite
10_
10_
10_
LCHI_
LC
LC repor
HI_
HI_ ESPF.tx
ESP F.tx tt 5
F.txttting an early break
F.tx
5 in all zones. ers stay ed tight in the li n ah ex a s, W ms inc of

41311_
indus
10_
11_
10_
11_
LC
LC
41
LCtry
HI_
HI_
HI_
HJ_
ESP
ESP F.tx t up w
in the West Depth 11_ LC
LC HI_
HJ_3GrDESP
GrD F.tx
meet
F.tx t
ings and a large co-o
as meaave led po ashing to
lud HJ_ ESP
GrD F.tx
es of underlaym A lack > Usefu
l Data ed in each
11_LC 36F.txtttt
F.tx
tional markets shipped readily into the Mid East. Produc-

HJ_ GrD
tt7
11_
11_ LCHJ_HJ_ F.tx
F.tx
ent firm. Shippe p n away
> Mo nthly from
11_
11_
11_
LC
co
LC
LC
HJ_GrD
mp
HJ_
GrDF.tx
GrD
ostheirF.txtt
offi ces
tati on, as availab rs in the East. Distrib wes t and tradi- fornia su re d u la tio , C a li
11_ CoLC
LC
HJ_
HJ_
mp
HJ_
GrD
GrD
GrD
F.tx
ite
F.tx
F.tx t
, ttgo to for at least a po
17 noted that ship , Geo by single n gains. Thfornia, an
os
GrD F.tx ww
increased. Som ility of trucks re-
ite Pri
F.tx t w.rlpi.co
ments of previo utors in Eastern Canada
t ce
s. m
rgia, -f
ipment for sev e buyers reported
one month late
. Demand er of us orders wer e as mu
d groun d chon On th Nort amily per e hottest d North C
era l days. evidentnginmont hs. t,A numbin Westgaine
themills as h Caro m
lina, its, were ates in 201ro-
st a Contin
Mdaon
the Eas le lagg s. 34.2 e supply si
comi edg the order ue rchpa1ge
thepric but was comfamortab takin newstre ngt h and T F
es. more ple eno bbf in de, U ennes lorida, C 6, 0, 2
back orders and were ughhamp log 100…
r eleva tions to supered por t fi rm co n 2 01 .S . a li- 17
fall in highe ti nue to 7, up lumb see.
Above average snow but some mills had reple nished Th e C oa d omin fr o m 32 er p roduct
millio
MDF
sts in many regions,
n
harve and produ cers th st w at e, .7 b b io m3
Im p
Information Services for the2
r fi les were strong e Inla f in 2 n is fo
ers noted that supplies
of west- recen tly. Orde n
ill lead with
o u 01 re , 2 0 in
17
2016 o r ts
, ButanadiaSnlishpipdp-feeetd,
log decks to no resis- d produ th e tp 6 . Th ca st
5
h1 0
they have seen in their
careers. in some cases with little u
cing way in th t expecte e South at Marc
pushed prices higher Pine shop, Impo
manded firm to highe
r prices. for low-grade Ponderosa 6/4 shop ward rts from C
5.2 bb e
f (tab West wit to top 18 ill
d w 4
-C Stilnlboar
tance. Buyers clamored l. Non o S r.
. Prices of #3 5/4 and e tota d 682 milli us yetar
le). h 8.7 b
ined strongest on #3,
and prices
supplies remained tight strengthened. Imported 2016. track, risi anada are bbf, a bf. th ong
Forest Products Industry.
but n n d
3
o f le v io
$5-15. 12-inch in Calif
ornia
edged higher. #2 6/4
shop also s quo and expec Shipments g to 15.8 forecast to g for
96% ket tota the pre ding
resistance Mldg&Btr were statu ted to from bbf th rema u2ntin e U.S. mar jump from d by ad .
Some suppliers noted ents of Radiata Pine Some g is in ac co
s, but tight supp lies were shipm
balan ced betw een supply and dema
nd.
amid
row,
a s w
E urop
e a n
year
fr o m
on an
u en ts to th a 28.5% is ca lculateacting U.S
#3 price
oducers of ES-L P sold out into the adequ ately
importers tested highe r quote s for MDF i
Radiata Pine shop
of blanks
ell. ~ d Lat
in A
15.2 b
b f
p - m
p
1
re se ntin g
.S . m arket en subtr
th
m meric in re the U orts, and
ust sales domestically,
ean Spruce importer
and ran well ahead of
to the U.S.,
raised prices
supplies.
constricted supplies
remained steady. Focused. Unbiased.
floor portIndependent.
for Ponderosa Pine. Sales
ing, s s heavy t
a are 0
LuSo mb20
.S. pcero
ur
ply to
er12sup ion and im
duct 20
p
32.722 , tota l o
bbf la
st year ut
, up
utp
t i l l st o
: U.S.
er sales susta ined U 13
mes
ro14se to odest gain , when do
Fore
ted down- ^ Southern Pine treate South. Demand
d lumb ports.
ig
ng 10- and 12-inch adjus
n
After Agric 20
r o ng ex n
Dependable. Respected. Current.

Trea ted shatte E urop ultuio
duct Servic e m 20 ce 2007
t weeks in the
ra
erosa Pine. l
rge premiums to Pond the active pace of recen Mid-Atlantic region, as well as orts of m ring reco
p Belgiu ean coluum
. ntr ber pro Despite thelevel sin15
entum in the er s ed ium d rd s m U , .S ie s
2 01 5. n u al 2016
gained mom er condi- faded
ensi the pre
cantl and fr Spoam other t an bbf. produ
rately slower est where milder weath st in y
stron last3.y4% in highesth a 35.178 which accou
ne was steady, if mode rn business the Nort heast and Midw 4x4-8s were among the best andards. 2016 but ty fiberb v ious two g dollreea hed
r, its in
ta k inls cr eadseudcend German outh,
ious several weeks. Patte s and susta o y arac pro sue S s year, and est, p
tions took hold. 2x4-8 companies and landscapers stock ed ined ard from ears, U.S v is-àwm il g ad expo byy,th
lesdto threvch
rt
y across the ng Impo a hig offsh . im- tic sa -v is th vanta6gw iouas Aust eW
Prices were firm nearl ng scat- selling items, as fenci onen ts was espe- rt s h le o re In So eineu201 e as
o e p e U In thri a, n mil
posti for fencing comp dothewn 3 from over vel by su
histo ppli-
u
406,0 th Amer ro. frofmstth eadyl outp .Su. t.sig
nt regio
1x6 straight lengt hs up for spring. Demand ibutors in 3% uction up 4.1% f tota dema Coasifie- Inland r
several mills. . Some dealers and distr ship erped in from the as fell to
se rica l year, 00 cubic m Picroad, sh
mained a standout for
ts developed
Eastern White Pine,
at some mills .
Premium 1x6
#3 1x6
cially strong in Texas
Nort heast boug
conditions had only
ht conse rvativ ely. They noted that weath
recently improved and concebrn.
higher price
th ir d
s ina 2 01 5. re co rd
egan ll-time sin Nonetheles4.99 milli lion cubic
3.33 m
il
while
deliv 17 et .3
er 42 ip
s.
eriniegsforIm
bbmf,en than half o .884 bbf. nhdilaenth
mpo
fronmgain
o re ts fr om% to 13
rtsedfr2.6 Cbhbilf,eugpa 2.6 se. Outpu 5.0% fro
% , w
d a the C
t in
ge in spots, but most

other mills One c
the wake of last mont
h’s surge were causes
for report ce s,
ing M the U.S. last year’ cubic met eters,
on m
ductio w Argh 8.3
ay it entin a 3.4%
om 84Bra inin
zil tripm
cred ea
m11b% f sltoipp
ed
h
Ap r i l a ng e c o m
DF im Foreig s er the w 5.048 bbf,aiosonaoref d453 led last
d and robust order fi
les. 8-inch was
n-exp
Shipm
ected en ts ports n Ag volume ra s d g a
steady, as highe r-tha 31%, fr in 19 ri cultu n tota le od re s well. t
6-inch spanned ases. om C ra l Serked ~ 6, a modes
Cedar ^ Trading wasated despite further pricebincre edwo
and as high as $875.
p r ic e re 89.
guide ing with
Standard 1x12 ined spectivel hina a v ice nia R us year. 201 in
ndard 1x6 edged up. consumption was unab whate theyaccounte y. Howev nd Germa prev io bbf in 17% drop fr
age scrambled to find threple
to higher, U.Sn- . in 2 d for 74 er, those ny plung One 1.365 A d
ge. Industrial was firm Buyers in need of cover ta led ious year. in deman as
hitting $400. needed and accepted u pd a
highe r levels . Some traders
note sufficient. .
01 6 % of tota tw o
l offsh countrie 3% and
ed 5 is comin
chan
g e in po rt s to
pre v ro p w
was steady,
ished after realizing te
previous purchases were t mont
price trajectory of recenrmpass
fo
Th vasths, majo
ri
ore sh s com-
ipmen A colu
g wit the Rand U.S. ex from the as did a d exchange
h the
April mdLec
o e
enlignth stood ou ns. Curren
t, cy
d
r shop and Mldg&Btr Even with the upward about not being able ingto. Mof laalong minat ty of impo ffshore
Phone: 541-686-9925 | Fax: 541-686-9629
7 issu ans Lu natio
ork plant s continued worr ied D ed rt ed
ts to on bo mn for In toe.Jap A si anmber rt s to o oard fe
urers and millw some produ cers other conce impo F
rn and, b o ards MDF th la er P ri p o b
d brisk sales in supply was a grow ing rt colum faces w nd Red oth ce Geuex
n Pin id million ucts
ntories for anticipate increased log costs. Log r demand, led to a supplyem
it scarc s. ity. statistics most com is shipped re n on
P
ill be
ad
Ceda
r S o uther rd at 40e0 orest Prod rts
highe a m on in p o a g d # 3 ,
combined with the Impes o tofrallev
iate lso en
comp ly used a the
rt. e 7 of ed
the 1 next to
& so
EvenBtrarboseatrda recoSouthern keting eff
F o
Email: rlmail@rlpi.com | Web: www.randomlengths.com

ments d into alternative speci wh e rtsdeck
ction, Sales, and Ship Some producers looke o ing ass a s 2-pag lath ye hs th e mar
ers were popular, as ilwere sto m Chile, fo variet floor- This e weest e tralad itit
gra
ionastl epdped ed-up
supply shortages. Timb t firm prices in3m m toofck PTS.im y of co
for a lumn of ci Rs w
k ly #3&yB24, 2017)
.~
Western U.S. mills) place
6mm ported fr example,
r offi
uatenddoto
items. More buyers sough h ig 1 ib m ar tr
io h x4 -1 tr ru
L
emot
panel om N a produ er qu at eb eng th
ew Z re heav y to x12 p
Inland
ths, F
a
s. its tradced today lity Cedar rices will Leng
Coast Comnd was sufficient s
After steady
Mar 4 Feb 25 Feb
18
^ Spott y dema modit ea lan
Feb 25 Feb 18
Shingles & Shakes les were more comm y topafi nd, d is p mouldin itiona an bo cap
oncult l cou d generatesard that is ture the m
95 96 98
to keep traders busy. P A:
Shing such iful.
diffi
ly Impr nel s that rima
rily gs,
WW o bring
2 161 159
plent a produoving co nterp a su more arket
83 92 shing les were s 5 /8ng ce m pete a rt b stanti co
especially #1 5X. #2 5X gain grountidvelon d th .~
a l pre mmonly
92 -inch produc-
164
y smlaggi nd ick nesse directly
157
2017 t
3 100 to a ll poism aabou mium
weather allowed mills ess fueledcrtrade
96
rtion 3t/4-inch s within with the art to
157 159 97 eate r optim
unfamd a abou to ged st
7
mea t havin pa
tion. The uptick in busin noted conce o m
268 N
re of gf tota l imp nels, repre orth Am ost
256
272 251
iliar w su
rns -char mp as p
otion
8 272 AM
547 g seaso n. Trad ers im co o se er ic ik Tru b
p rt n an emof Donald n in lum
547 it n
8 763 760 546 the sprin . ort st
at h the fusio
n
s. This nt a re a, Lumb e Hamm ee
for produ ction is tics. co des th in d is la - er o ’s b n ru
y the Western Wood
Product s Associa tion.
enough logs e FAS the past a tinction h Ham Co., B nd is n
ow
It
uratio duced .S. eco
ect to revision. Some
o ff uses mong as m el
Co., M ond. ^ grade, M presiden inaug a trade-in own, the U grow
sh to th d to
Canad n sett les expected
sharp ore su D ai t
comp
ile M se
o w il l re eridian, ane Wat ne. He su and CEO
ports ly, mitigatyear:pU.S.: pliPostal
ers ra Id
indust tire from aho, as a ers has jo cceeds his at Hamm emoti
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frorates, ing; Postal delivery,
the d+ PDF,mp; ed up
DF in and ar k fro
Subscription m Cone h$395.00
ina a delivery ,o a posi ry. He is Boise Cas commod ed Idaho father, D onudcts dem utloo
$395.00; pdf by email, wn. w sh eral o ist of the
Anderson curren it y bu on
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s from additional copies ofmRandom er end ev to the
in 19 e as tl y vi M ay ye r. ^ c L
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Editor: Shawn
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any. id U ti o Th in si n ta ti
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A Fo or more in s annual lumbia W av ing join and mark s in the ssociation ng in Port
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ills, y rt o

onsec- rate m r 2x4, widel als were repoifornia, prices d prices of

Lumber Market Repo r

in #2 2x6 in the westsate slPrice m

eastside, primarily amon unts surfaced in #2ot2x4. on d3s_St

best. Westside mills #2&Btfarth

ike. Secondaries focus shipped this width into occaswional or e

of #2& w as $385. In 6 2400f wer emium 2x6

ion yards and wholesale s Low-Gr

ada of a blo rkets co ers in C

r3tttt cir n delive ies from

Reta warm w es fro

ing up for spring were was especially

ouglaremained quieg wea kness inthe most part d con-

.. . Thrted price s minate, .7 bbf in on is fo nt foa

Markets and Prices

Toll-free Phone (U.S./Canada): 888-686-9925 • Website: www.randomlengths.com 1

Your source for all the news

2 Toll-free Fax (U.S./Canada): 800-874-7979 • Email: rlmail@rlpi.com

Retail Market Indicators for March 2017

Retail Market Indicators

Framing Lumber Monthly Averages

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Toll-free Phone (U.S./Canada): 888-686-9925 • Website: www.randomlengths.com 3

Repeating.indd Monthly Averages www.rlpi.com

Quarterly Price Patterns – First Quarter 2017

$250 $200 $250

KD 2x4 - 8' PET Studs KD Inland Ponderosa Pine Boards Panels

$175 $150 $150

Quarterly Product and Species Composite Prices – First Quarter 2017

$350 $250 $300

$625 $800 $400

Housing Indicators – Fourth Quarter 2016

Sales of New Houses Monthly, thousands of units (SAAR)*

Sales of Existing Homes Monthly, thousands of units (SAAR)

400 700 1900 900

Houses for Sale Monthly Median House Prices Quarterly, in $1,000s

100 2 1000 3 250 175

Mortgage Rates Monthly Treasury Bills Monthly

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Toll-free Phone (U.S./Canada): 888-686-9925 • Website: www.randomlengths.com 5

Quarterly Product and Species Composite Prices

the 14 other composites allow traders to measure price trends in specific

product groups and species.

The composite items are: Random-Length Dimension; Stud; Low-Grade

KD 2x4 - 8' PET Studs KD Inland Ponderosa Pine Boards Panels

provide a quick comparison of the product or species movement in relation

to its recent historical trend.

Quarterly Product and Species Composite Prices – First Quarter 2017

$400 $425 $300 $400

$250 $225 $150 $100

$625 $800 $400

$300 $250 $150 $475

For a list of items included in each composite, go to www.rlpi.com

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Industry Financial Results

6 Toll-free Fax (U.S./Canada): 800-874-7979 • Email: rlmail@rlpi.com

MONTH DAY, 2016 TAK