Staggering Lumber Rally Has New Homes Going for $16,148 More – Bloomberg

The North American lumber industry is having its craziest year in memory — and that was before the wildfires.

Weyerhaeuser Co., the continent’s biggest wood producer, said Monday that the blazes that have blanketed much of the Western U.S. sky in an apocalyptic orange had reached four of its timber operations in Oregon. All employees were safe, the company said, but several mills temporarily cut back their shifts.

Read Article