Shepformation Monthly Newsletter
Information, resources, and news from Shepley for building professionals on Cape Cod and Nantucket.
Lumber Update – February 2021
As with what seems to be the case with just about every business related to building materials, manufacturers are stuck in a loop of trying to catch-up and keep up with an unusually high demand while Covid19-related interruptions prohibit...
Lumber Update – January 2021
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...
Lumber Update – December 2020
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...
“If you fail to plan, you are planning to fail!”
Benjamin Franklin
Lumber Update – November 2020
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...
Lumber Update – October 2020
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 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...