Shepformation Lumber Market Report

February22

March 2016 – Market Update

by Paul Rogers, February turned out to be an unusual month for the market, as fits and starts to business (brought about by unusually favorable weather and interrupted by the occasional storm) kept demand in flux. On the heels of a very busy January and the premise that winter would carry on with its mild Read More

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January22

February 2016 – Market Update

by Paul Rogers, Weather has just about everything to do with the pace of business this time of year, and the fact that we have been in a mild-weather pattern with little to no snow and warm temperatures is a key reason that business has been as strong as it has been: so far, sales Read More

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December23

January 2016 – Market Update

by Paul Rogers, Retail sales were strong in December, keeping the wholesale level active. Dealers and distributors alike worked feverishly and carefully to replenish stock that most had purposely run down, as year-end inventory counts, a potential tax penalty (the IRS’s Uniform Capitalization Rules, Sec. 263, based upon year-end inventory values) and a fear of Read More

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November23

December 2015 – Market Update

by Paul Rogers, After a short term rally in November (that was largely driven by buyers coming to the realization that the end of the year was approaching and pricing wasn’t likely to deflate for the rest of 2015), the market firmed and flattened. Mills had curtailed their production long enough that, when buying finally Read More

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October20

November 2015 – Market Update

by Paul Rogers A relatively lackluster market kept most buyers on the sidelines, covering for immediate needs and not taking any positions in a market that bumped along at a ho-hum pace. Traders maintained that these market conditions would be short-lived and strongly suggested to buy while the pricing was still low, for investment sake. Read More

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