VALUE of Canadian Softwood Lumber Exports to US Jan – Aug 2013: C$3,161 millionVALUE of Canadian Softwood Lumber Exports to US Jan – Aug 2014: C$3,793 million (up 16.7%)

Our quarterly product is tailored to provide you with vital information about the North American solid wood, pulp, and paper industry at your fingertips in a timely manner.

Canada Softwood Lumber Exports, to USA, China and Japan

VALUES 2010 to AUGUST 2014

SOURCE: Statistics Canada

Construction Framing Dimension LumberPrice Comparison, North America

2011 to OCTOBER 2014

Benchmark Western Spruce-Pine-Fir R/L KD 2x4 #2&Btr: Oct 2014 US$353, Oct 2013 US$370 (down 4.6%)STUDS Western Spruce-Pine-Fir KD PET 2x4 : Oct 2014 US$355, Oct 2013 US$321 (up 9.6%)Douglas fir R/L GREEN 2x4 #2&Btr: Oct 2014 US$325, Oct 2013 US$328 (down 0.9%)All prices US dollars per thousand board feet net fob mill

SOURCE: Madison’s Lumber Reporterwww.madisonsreport.com

S&P 500 vs. WOOD ETF, Plum Creek (PCL),Rayonier (RYN), and Weyerhaeuser (WY)

2011 to OCT 2014

SOURCE: www.seekingalpha.com