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Lumber prices surged to June highs as Canada’s largest forestry company curbed shipments due to supply chain disruptions after severe flooding in British Columbia .
West Fraser Timber Co. Ltd. said weekly lumber shipments from Canada’s westernmost province fell approximately 25%-30% in the second half of November following floods. Pulp shipments to the port of Vancouver were down 20%. “While West Fraser is utilizing alternative transportation routes and methods to the extent they are available to continue servicing customers, the magnitude and duration of the impact from current weather events remains uncertain.
Therefore, West Fraser has reduced operating schedules at multiple western Canadian locations and will continue to make such adjustments as necessary in order to manage inventory levels, raw material supplies and our integrated fibre supply chain.
At the current time, it is not possible to estimate when full transportation services will resume or when the backlogs resulting from the interruptions will be cleared,” the company said in a statement . Uncertainty about lumber supply spooked lumber futures trading in Chicago on Tuesday, up nearly 4% to $824.50 per 1,000 board feet, the highest price since late June. Prices have jumped 30% in the last two weeks. Around Nov. 14, an atmospheric river dumped torrential rains across southern parts of British Columbia. A series of floods severely damaged infrastructure, including roads, bridges, and train tracks. Moving lumber from sawmills to ports generally occurs on trucks and or trains. With infrastructure damaged, as shown below, it appears West Fraser has been partially choked off in accessing ports. Greg Kuta, the founder of Westline Capital Strategies Inc., which specializes in lumber trading, told Bloomberg that “there’s no point in producing more than you can ship right now, especially knowing lumber is at the bottom of the pecking order with rail car allocation.”
There’s no timetable on when West Fraser’s supply chain will go back to normal. Fixing bridges and roads is not an overnight process. It could take weeks, if not months, to resolve the logistical nightmare that some blame on climate change, and others point to La Nina. As […]
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Will America-First News Outlets Make it to 2023?
Things are looking grim for conservative and populist news sites.
There’s something happening behind the scenes at several popular conservative news outlets. 2021 was bad, but 2022 is proving to be disastrous for news sites that aren’t “playing ball” with the corporate media narrative. It’s being said that advertisers are cracking down, forcing some of the biggest ad networks like Google and Yahoo to pull their inventory from conservative outlets. This has had two major effects. First, it has cooled most conservative outlets from discussing “taboo” topics like Pandemic Panic Theater, voter fraud, or The Great Reset. Second, it has isolated those ad networks that aren’t playing ball.
Certain topics are anathema for most ad networks. Speaking out against vaccines or vaccine mandates is a certain path to being demonetized. Highlighting voter fraud in the 2020 and future elections is another instant advertising death penalty. Throw in truthful stories about climate change hysteria, Critical Race Theory, and the border crisis and it’s easy to understand how difficult it is for America-First news outlets to spread the facts, share conservative opinions, and still pay the bills.
Without naming names, I have been told of several news outlets who have been forced to either consolidate with larger organizations or who have backed down on covering certain topics out of fear of being “canceled” by the ad networks. I get it. This is a business for many of us and it’s not very profitable. Those of us who do this for a living are often barely squeaking by, so loss of additional revenue can often mean being forced to make cuts. That means not being able to cover the topics properly. Its a Catch-22: Tell the truth and lose the money necessary to keep telling the truth, or avoid the truth and make enough money to survive. Those who have chosen survival simply aren’t able to spread the truth properly.
We will never avoid the truth. The Lord will provide if it is His will. Our job is simply to share the facts, spread the Gospel, and educate as many Americans as possible while exposing the forces of evil.
To those who have the means, we ask that you please donate. We have options available now, but there is no telling when those options will cancel us. We have our GivingFuel page. There have been many who have been canceled by PayPal, but for now it’s still an option. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
JD Rucker