Question-and-Answer Session
Operator
(Operator Instructions). And our first question will come from the line of Mark Connelly with Credit Suisse. Please proceed.
Mark Connelly - Credit Suisse
Thank you. Rick, two related questions. You know, you mentioned the rise in the US dollar helping your Canadian operations. But can you talk more broadly about what the OSB cost serve looks like now? And I can't help but wonder if the rise in the US dollar is actually flattening out the overall curve and making things potentially difficult to resolve.
My second question is related on the Engineered Wood side. Could you give us a sense of whether your competitive position there, you think, is better or worse than average right now.
Rick Frost
I'll take the second one, since I remember it better. I think we are about the same position. We do feel over the last year and a half, we have gained a couple of points of market share in our efforts. Where we're getting killed in EWP right now is bringing on the Houlton mill under such adverse conditions. And so the majority of our losses in the Engineered Wood Products business have to do with bringing that mill up, and right now, selling it out at about 25%.
So that's one of our major issues that we have to think through right now, in terms of what do we do about that? In terms of the overall cost curve, obviously I think exchange rate this morning was about $0.79, that's making us go back to the drawing board in our scenario planning in terms of based upon what production levels we run in to next year, which mills that we will run.
Now we do approach that from a very regional basis, with regional customers, and regional pricing. So, it does add a dimensions that we are used to deal with back in to the mix in terms of, if conditions actually get worse, and our takeaways go down further, which will be the mills that go down.
Under this scenario, it's not quite as obvious as say looking at that eight weeks ago, and we're going through that planning process right now. I hope that answers your question.
Curt Stevens
Mark, the only thing I would add to that is, that the competition today is very regionally based. So if you think about the change in Canadian currency, for instance, on the West coast, most of the mills that supply the West coast out of Canada will have the same impact of the currency.
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