Shepformation Monthly Newsletter
Information, resources, and news from Shepley for building professionals on Cape Cod and Nantucket.
Lumber Market Update- July 2025
There’s never a lack of drama when it comes to the lumber market, and June was no exception. Lumber traders clamored about dwindling supplies and prices that would soon be escalating due to a myriad of factors.
Lumber Market Updated- June
For most of the industry, May was a quiet sales month due to a lagging demand and, particularly on the East Coast, bouts of soggy weather certainly didn’t help matters.
Lumber Market Report- May
On April 3rd it was announced that Canadian lumber would be spared the 25% reciprocal tariff and, with that, a collective sigh of relief coursed throughout the industry.
“It's not about how you feel, but how you act on how you feel.”
Tom Dennison, Shepley General Manager
Lumber Market Report- April
With what seemed to play out as some sort of large-scale game of “Red Light, Green Light” with President Trump at the helm, the threat of a 25% tariff on Canadian lumber had everyone in the industry on pins and needles throughout March.
Lumber Market Report- March
The 30-day reprieve on a 25% Canadian tariff ordered by President Trump made for an interesting and suspenseful month.
Lumber Market Update- February
Lumber sales started off the new year flat-footed, with concerns about rising mortgage rates, seasonally disruptive weather and, with the inauguration of President Trump, threats of tariffs to be assessed on Canadian lumber.