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The LBM Daily Newsletter: June 07, 2020.
THE DAILY BUZZ
 
US Loggers Looking for Help
 
Twenty different logging associations across the country have asked Congress for help recovering from COVID-19 losses. Estimates indicate the logging industry in the US has contracted by more than a third due to the pandemic.

More on this story can be found in today's Industry News category.



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THE DAILY MARKET REPORT
 
Futures & Options: Higher
 
ContractCloseChangeVolumeOpen Int
July 2020356.20+8.101951406
Sept 2020358.60+4.7060843
Nov 2020354.80+5.408289
Jan 2021365.30+9.30242
 
Lumber Futures settled noticeably higher across the board as buying interest surfaced on continued mixed trade featured with futures discount in relation to the underlying cash contract grade.

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Widman's Market Report & Barometer
 
The Widman Price Forecasting Service includes the Widman Market Report & Barometer, each published twice per month. These publications provide reports and research for the North American Softwoods Market, including price forecasting, indicators and insights.
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TODAY'S NEWS
Please remember that only the first 3 articles in each category below are displayed. For full access to the LBM Daily's News, please visit www.lbmdaily.com and subscribe to the LBM Daily Premium News Service.

INTERNATIONAL  >
There are 4 new articles in this category today.
The Global Forest Industry This Quarter
AU: HomeBuilder Might be Most-Complex Least-Equitable Construction Jobs Program Ever
Illegal Logging Up by 150% Amid Coronavirus Lockdowns
 
ENVIRO & LEGISLATION  >
There are 3 new articles in this category today.
SC: Graham Introduces Bill Aimed to Lower Pollution Levels, Help Forestry Industry
BC Old-Growth Data ‘Misleading’ Public on Remaining Ancient Forest- Independent Report
Sea Level Rise Could Wipe Out Mangrove Forests by 2050, Study Says
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INDUSTRY NEWS  >
There are 5 new articles in this category today.
BC Timber Sales and City Throw Forestry Jobs Under the Mountain Bike Tire
WA: State Partners with CLT Manufacturer on Forest Health Initiative
LP Expands Fencing Lineup With Home Depot Partnership
 
ECON & HOUSING  >
There are 8 new articles in this category today.
Jobs Rise by 2.5 Million in May
Initial Jobless Claims Continue to Fall
Going Virtual: How HBA's are Connecting from Behind a Screen