Fourth-quarter sales fall 12.1% as the company cites housing affordability constraints, weak consumer confidence, and lower commodity pricing.
Mercados
Exports of lumber from Norway rose 4%.
The industry cites U.S. import tariffs as a factor behind weaker U.S. exports and higher import pressure in Germany.
At a median home price of $413,595 and a 30-year mortgage rate of 6%, 88.2 million households are priced out, and a $1,000 increase prices out 156,405 more.
Price for plywood imported to Kazakhstan increased 28%.
Price for lumber imported to Kazakhstan increased 8%.
Exports of logs from Norway changed slightly 0.8%.
Price for OSB exported from Norway downed 1.5%.
Imports of wood chips to South Korea slipped 3%.
Price for particleboard and OSB exported from Russia to Uzbekistan grew 5%.
Price for wood pellets imported to South Korea slipped 3%.
Custom cabinet sales rise 7% in the month, partially offsetting declines in other categories.
New-contract rates fall for pine and spruce logs, small timber, pulpwood, firewood, and gravel.
Weak lumber markets and higher U.S. trade costs pressure results, and the company expects early 2026 prices to fluctuate with winter weather and industry-wide lumber production curtailments.
Inventory totals 1.22 million units, while the median price rises to $396,800.
Imports of lumber to the United Kingdom lost 9%.
Price for wood chips imported to the United Kingdom downed 3%.
Import value increases 8.3% and the average import price rises 3.4%.
Weaker demand, adverse currency moves and higher raw material costs outweigh record pulp output and cost reductions.
Company says stronger Real Estate results offset weak timber markets, with Southern pulpwood pricing down and Pacific Northwest harvest volumes lower year over year.