Lumber and Timber Prices Are Projected to Rise With Tariffs on Canadian Lumber

— Written By

Following the expiration of the 2006 Softwood Lumber Agreement (SLA 2006) in October 2015, the softwood lumber trade dispute between the US and Canada has once again become a contentious topic. The U.S. recently imposed company-specific countervailing duties (CVD) and anti-dumping (AD) tariffs of about 20.83% on Canadian softwood lumber shipped to the U.S. Our model projected that, due to the lumber tariffs, timber prices in the U.S. South could go up by about 7.3% over the next five years. For a more in-depth analysis, please refer to the full article published in the February issue of the Forestry Source, the Society of American Foresters (SAF) monthly newsletter.

Percent Change in Price, Inventory, and Removals Due to Tariffs from 2013 to 2025

Percent Change in Price, Inventory, and Removals Due to Tariffs from 2013 to 2025

Written By

Photo of Renee Strnad, N.C. Cooperative ExtensionRenee StrnadEnvironmental Educator (919) 515-5518 renee_strnad@ncsu.eduForestry & Environmental Resources - NC State University

Contributing Specialist

Photo of Rajan Parajuli, N.C. Cooperative ExtensionRajan ParajuliAssistant Professor and Extension Specialist, Forest Economics (919) 513-2579 rparaju@ncsu.eduForestry & Environmental Resources - NC State University
Posted on Feb 14, 2018
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