Lumber Traders Seek Solace: October 2022
<>Lumber Traders Seek Solace for Anticipated Year End Results
Mill Strikes, Doug Fir Production Slows and Anticipated Curtailments are Announced
Weyerhaeuser Workers Strike Winds Down
After six straight weeks of striking, Weyerhaeuser reached a successful resolution of a work stoppage in Oregon and Washington. Read more here
Doug Fir Production Slows
Buyers scramble for Doug Fir as supply becomes limited due to a combination of the Weyerhaeuser mills strike and Canadian mills choosing to run Spruce instead of Doug Fir. Low supply results in an upward shift in Doug Fir prices (if you can even acquire any).
Source: Random Lengths, used here with permission granted by the publisher.