Weekly Newsletter Update

Updates in the markets this week:

•Price decrease at McMillan Forest Products on cedar sawlogs (10’ & 12’), new price 274.64/cord (-$20/cord).

•New AV Nackawic – SNB Board Contract; -$7/gmt on maple and -8$/gmt on poplar, plus fuel surcharge.

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Reminders:

- Price decrease of -$10/gmt to Lake Utopia, JD Irving Ltd. New price: $60.17/gmt + fuel surcharge.

- Small sawmill seeking a load of white pine sawlogs out of Mayfield, St. Stephen area. See details below.

- Limited deliveries to Woodland, Penobsquis Yard, will continue through November.

McMillan Forest Products

McMillan Forest Products will be reducing the price of 10’ & 12’ cedar saw logs from $294.64 per cord to $274.64 per cord.

All current specs are to remain in effect, and as usual please contact the mill prior to delivery.

AV Nackawic, Nackawic

The first AV - SNB Board contract has been fulfilled ahead of schedule. The new contract begins on Saturday, November 9th, 2024, and continues until April 30th, 2025. AV has implemented a new pricing system to the contract, including a base delivered wood price, along with a fuel surcharge that fluctuates weekly. Unfortunately, the new contract brings significant price decreases.

The contract prices are:

•$66.17/gmt (-$7/gmt) for maple,

•$65.17/gmt (-$8/gmt) for poplar,

•$56.17/gmt (no change) for birch.

•Plus, the additional fuel surcharge for the previous week (Nov. 9 – 15th) was $3.32/gmt, reflecting a $1.14/liter offroad diesel fuel price. This is added to each of the above prices.

Minimum 3” top, random length 8-18 foot with no forks or dog legs, and absolutely no full 8-foot loads (MAXIMUM 5% under 10-foot). Products must be kept separate but can be brought in on the same truck.

Trucker key cards for the contract will be available at the scale house. Ensure that the delivered loads are placed under the “SNB Forest Products Marketing Board Contract”, or “SNB Contract”.

Arauco (Flakeboard), St. Stephen

Demand at Arauco is still consistent as they seek random length hardwood. The delivered price to Arauco will be the same as previously, setting the same fuel surcharge rate. This market has remained consistent in pricing and demand. Please contact the office for the “all-in” price.

J.D. Irving Ltd, Lake Utopia

JDI Notified the Board that as of November 10th, 2024, there will be a price decrease of -$10/gmt to Lake Utopia. The new price will be $60.17/gmt delivered + fuel surcharge.

Small Mill Market Opportunity

A small sawmill hobbyist is seeking a load of white pine sawlogs grade 1 or 16. 12” minimum, 8ft, 12ft, and 16ft (16ft requires 9” trim). Delivered to Mayfield, St. Stephen area. Please contact Devin Weaver at (506) 261-5994 if interested.

Arbec, Miramichi

Limited deliveries are available to Arbec, please contact the office ahead of time before cutting. The Board contract number is SNB-24.

Woodland Pulp, Penobsquis Wood Yard, Penobsquis

For November, deliveries into yards (Penobsquis & St Stephen) will continue to still be limited to 300 ton per week from all producers. Citing poor demand for finished products and excessive round wood inventory as the reasons for restricted deliveries.

SNB Board – JDI Contract

The 9th contract between JDI and the SNB Marketing Board is underway. There are 4 recorded weeks remaining of 13-week total, as we begin to close in on the end date of December 7th, 2024. Producers are reminded to consider their estimated contract commitments to ensure that target volumes are met accordingly.

Deliveries last week were a total of 2515gmt, an increase in volume to the previous week at 1963gmt. As wet weather is here, and in hoping it won’t last long, producers are asked to continue wood flow as best as possible as we close out the contract.

JDI & Board Staff have agreed to a 3-month (13-week term), for 23,000gmt total. A reminder of the $3/gmt downward price adjustment on sawlogs (click here for specs) and studwood (click here for specs).

NOTE: When shipping under the Board’s contract, put SNBFPMB and the producer’s name in brackets in the producer spot on the

transportation certificate. * This replaces the contract number. 

US Markets and Currency Rates

Currency conversion rates for US markets will increase to 1.40% for the week of November 18th, 2024.

For more information on pricing and specifications, please visit our Market page here. Or contact the office at (506) 433-9877 or 433-9866.