March 16, 2021 The Lumber Market Today – Considerations
Lumber Market Considerations: OSB sourcing is very difficult. The industry has never experienced this type of shortage with OSB Low grade lumber pricing has historically been fairly consistent. Today, low grade buyers are having to wrap their mind around price...
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March 16, 2021: Scarcity Drives Quick Decision Making and Sometimes Disappointment
Opportunities Can Be Lost Within Minutes The normal ebb and flow of the purchase and sale of lumber products has been drastically disrupted. Most industry experts and articles share there is not immediate relief in sight. The scarcity of lumber product availability...
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January 25, 2021: The Lumber Market Today
In the past month, lumber market prices continue to consistently fluctuate up and down and current conditions do not provide a clear direction. There's almost an eerie hush in the industry as traders aren't quite sure what to say aloud. Current Considerations: Housing...
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December 2020: Current lumber market prices almost surpass recent highs
What felt like a permanent shift in lumber market prices, turned into just a temporary reprieve. With limited lumber supply on the ground, the market shifted back into motion, climbing dangerously close to record numbers again. Demand continues to outpace Supply,...
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November 16, 2020: The Lumber Market Today – Simply Stated
After reaching historic high numbers, the lumber market is back in check. We think people are talking too much these days, so this is all we are going to say this month. Just shhusshh and enjoy it. Note: Because of the drop in prices, there's not a lot of wood on the...
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October 22, 2020: Lumber Market Corrections Begin Yet Demand Continues
Lumber Prices Have Started to Decline. Without a doubt, lumber market prices were overinflated. That's why we are seeing a correction in prices, along with continued demand. The market is trying to find a new normal, just like the rest of the world. Source:...
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September 28, 2020: The Lumber Market Today – Amidst the Chaos the Lumber Market Demand Stays Robust
2020's Pandemic: Mill Production Decreases Western Wildfires: Shuts down Mills Weathering Hurricanes: More Loss of Production Washington News: Upcoming Election Anxiety Housing Market: Housing Permits and Starts Up&Down Transportation: Shipment Times 2-3 Weeks...
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August 17, 2020: The Lumber Market Today – A Letter from Our Owners
A Letter from Our Owners Our industry has seen an unprecedented increase in demand and pricing We want to start out by thanking you and your company for all of your support throughout this extremely challenging year. We continue to operate in unprecedented,...
read moreSince April 17th, Lumber Prices Have Soared 50%
Lumber Prices Hit 2 Year High - Here's Why LBM Journal shares the National Association of Home Builders (NAHB) primary drivers of the price increase: Mills closed in the spring due to stay-at-home and social distancing measures enacted by state and local...
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July 14, 2020: The Lumber Market Today – Price Becomes Secondary to Product Availability
High demand with limited supply leads to increased pricing and in some cases, disappointment. As prices continue to soar and projects are hard to source, options become limited. Our job is to protect our customers best interests. We continue to hold difficult...
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