Shepformation Monthly Newsletter
Information, resources, and news from Shepley for building professionals on Cape Cod and Nantucket.
Lumber Market Update- July 2019
The languishing market seemed to come to an end mid-month, as a rally spurred by additional mill curtailments and closures created what appears to be a bottom for a market that had been in decline for months. Up until the...
Lumber Market Update – June 2019
Many people want to blame the weather for flat sales this spring, but drier days in May didn’t produce the level of activity that most were hoping for, especially for lumber mills. Any upward price movements in the market were largely...
Lumber Market Update – May 2019
April lumber sales were, surprisingly, oddly calm, with very little movement in pricing (and quite unlike last year’s maelstrom of exorbitant price increases brought upon by excessive demand, shortages and trucking issues). Demand this...
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Lumber Market Update – April 2019
A lull in the market tempered buying for most of March, but it wasn’t because outtake was poor on the retail level. Despite March coming in like a lion, it wasn’t enough to quell the pace of construction. Sales were brisk, but the bulk of...
Lumber Market Update – March 2019
Seemingly all at once, mill curtailments, rail interruptions and mild weather upended the market in early February, and the resulting upset created a rally that further exacerbated the situation. The lumber market, which had been...
Lumber Market Update – February 2019
With only a few interruptions caused by winter storms, the generally mild weather this winter has, so far, allowed the market to remain active, allowing for favorable inventory turns at all supply levels and preventing any significant...