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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June 22, 2020: The Lumber Market Today – Lumber Market Prices Remain Firm and Supply Tight
Local Inventories Are Running Thin Overall market pricing has remained firm and supply tight. Although previous mill communication indicated slow shipments due to transportation, weather and labor constraints, some shipments have shown up on time and in some cases...
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May 18, 2020: The Lumber Market Today – Lumber Prices Go Up, Up, Up
A little humor is good for the soul. All kidding aside, the lumber market has shot up in the last few weeks. Last months removal of material from the market and mill closures has now accomplished its goal to 'create demand'. Demand has arrived and supply is down....
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April 24,2020 The Lumber Market Today: The Lumber Market Adjusts
The Lumber Market Today During times of uncertainty, we continue to find that providing sound market data and updates on what we are experiencing in the industry continues to be how we can best serve our customers. With the ongoing global impact of COVID-19, the...
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March 24, 2020 The Lumber Market Today: Lumber Market Prices Drift Down During Covid-19
Something we never could have envisioned just a month ago has gripped the entire world. The uncertainty has got many people on edge. Our goal today is to share the current status of the lumber market prices along with personal observations of what we are experiencing....
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