Happy Monday everyone! The lumber market took a collective breath this week, but we are not out of the woods just yet. DIY business is down slightly at big box stores compared to last year, but it has been replaced by contractor sales for those needing to fill orders that secondary suppliers were not able to fill. April housing starts were down from March, but still running at a good clip compared to recent years. Some #2 and […]
Happy Monday everyone! When will it all end!? This is the multibillion-dollar question going around right now. No one really knows, though there are plenty of guesses going around. None of them include this week as prices skyrocketed yet again, especially in the southern yellow pine market. There are a few factors that some people think may impact cash prices in the near to midterm. Futures have been dropping daily in anticipation of a correction, but they are […]
Good morning all and Happy Monday! Hope everyone did something nice for the mothers this weekend! Another historic run in the markets this week, with lumber and panels pushing higher still. Lumber futures are trading nearly 40% over their prices just 3-4 weeks ago. SYP lumber is still the most economical option in the North American markets, and that will continue to drive our prices up regionally across all dimensions and grades. Plywood is in the same shape […]
Good morning all and Happy Monday! For the Led Zeppelin fans out there, the song remains the same. Another week of substantial gains across all dimensions and grades of lumber and plywood this week. Along with the same story of too much demand, not enough supply, non-traditional SYP buyers coming into this market increased competition to cover inventory needs for regional buyers. While there is widespread concern for the downside of these price gains, the need to fulfill […]
Hello, and welcome to another week of steep increases across all wood products, otherwise known as the Monday Market Report. The same effects are being felt across nearly all input costs in the construction and industrial markets. Diesel, copper, brass, steel, gypsum, you name it, prices continue to surge. What all of these have in common is an extremely stressed supply chain. As far as lumber and plywood go in the Southern US markets, prices are up across […]
Everyone’s talking about lumber! Great information on the pandemic’s effect on the market from the Wall Street Journal.
Here we go again: lumber – up, plywood – up, freight – WHERE ARE THE FREAKIN TRUCKS!? and oh yeah – up. Thank you all for tuning in and for the feedback that has been shared in the first week of our Market Report.
Freight has been cited by several producers and distributors this week as a significant factor on pricing and inventory availability. We have certainly seen it ourselves with several booked loads being inexplicably dropped and rescheduled. […]
Greetings all and welcome to the inaugural Monday Market Report! The historic highs we have seen this year have brought a lot of attention and often concern to buyers throughout the entire supply chain. Almost every transaction has turned into a conversation where most folks are just looking to understand WHAT THE HECK IS HAPPENING!! You are not alone. Customers are looking for more consistent communication about what is occurring in the market and how it will affect […]
