Lumber Market Report

December23

Lumber Update – January 2021

By Paul Rogers Much to the dismay of everyone but the mills, the lumber market rallied back in December as a surge in business and a dearth of available material and trucks sent buyers back to the well, scrambling to cover both immediate and near-term needs. As the demand further crimped lead times, distributors were Read More

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November25

Lumber Update – December 2020

By Paul Rogers It’s been a challenging year and the epic rally that spiked lumber pricing to record heights won’t be forgotten any time soon. As with most rallies, they tend to incite exuberant buying so they conclude with ample stock at the retail level. Buying then stops, the market weakens and prices collapse. This Read More

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October23

Lumber Update – November 2020

By Paul Rogers It’s been a long and grueling haul, but finally the lumber market is retreating. By mid-October, it became clear that the record run up (five months strong and with an unprecedented Random Length Framing Composite of $955) had crested and dashed the predictions of many market forecasters who thought that it would Read More

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September24

Lumber Update – October 2020

By Paul Rogers With what can only be considered an exhausting, frustrating, and completely off-the-hook rally, the lumber, plywood, and pressure treated markets finally appear to be relaxing. Cracks first appeared in early September, when the futures market took a dip and material (that had been ordered months prior to its arrival) started rolling in Read More

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August31

Market Update 2020

2020 has been full of uncertainty and a real challenge for businesses, to say the very least. But for those of us in the building industry, we have had some cause for celebration over the last several months. Being deemed an essential business has allowed us to continue to work and keep people employed throughout Read More

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Shepformation... The Shepley Newletter

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