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The LBM Daily Newsletter: August 19, 2019.
Tolko Curtailments
Tolko industries cited the usual high log costs and weak lumber markets as reasons for the most recent curtailments affecting four of the company's sawmills.

Vice President of Solid Wood, Troy Connolly. “Although we prefer to keep these locations in constant operation, we must manage the business responsibly and ensure we are sustainable for the future.”

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Futures & Options: Spread Trade
ContractCloseChangeVolumeOpen Int
Sept 2019354.20+6.103871738
Nov 2019349.30+5.20192862
Jan 2020356.20+6.903653
Mar 2020360.00+6.9003
Lumber Futures settled higher across the board on news of Tolko announcing downtime at four facilities featured with carryover mixed two-sided trade and spread trade.

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