We looking at late july early August before we finally see lumber prices come down?
Lot of people just not buying at these prices...
What's the outlook
@Hauler ?
We're still up on the week, but not nearly the increase of what we've seen. It slowed considerably, but definitely not down like the news is reporting.We looking at late july early August before we finally see lumber prices come down?
Lot of people just not buying at these prices...
What's the outlook
The next 2 weeks will be telling, but I think we've reached the "I'm walking away" price.
Futures are up limit again today, which closed the gap from cash to only $61/m for July. That would suggest a steady market here - or at least a calmer one.
Sept has a discount of $211/m to cash
Nov is $365/m lower than current cash
Jan is $434/m lower.
None of that is overly surprising.
It feels toppy, but it might be a slow grind down rather than the typical edge-of-the'table scenario. As I said - the next 2 weeks should tell us a lot.
I'm too lazy to upload it - but here's a pic from my com screen of a chart to show where we are. This dates back to March of 2019. It was fairly steady for about a year - which is typical for lumber. Then all hell broke loose.We looking at late july early August before we finally see lumber prices come down?
Lot of people just not buying at these prices...
What's the outlook
But that shows how huge this run has been and how far away from "normal" we are.
This doesn't include this week's number, which would show it flattening at the top for the week.
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@Hauler 
U.S. seeks to double tariff rates against most Canadian softwood lumber
Proposed rates, which come as lumber prices soar, would be subject to review for months before taking effect
www.theglobeandmail.com
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U.S. seeks to double tariff rates against most Canadian softwood lumber
Proposed rates, which come as lumber prices soar, would be subject to review for months before taking effect
@kneeblock hasn't yet let me know how we're going to figure out "the price of lumber" but it sounds like the bet just got a lot higher.
@Hauler what it do. Are we going to the moon on this?
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Lumber PRICE Today | Lumber Spot Price Chart | Live Price of Lumber per Ounce | Markets Insider
Lumber Price: Get all information on the Price of Lumber including News, Charts and Realtime Quotes.
markets.businessinsider.com
Current lumber, pulp and panel prices
November 6, 2024 The most recent prices for key forest sector products in Canada published on a weekly basis by the Canadian Forest Service.
www.nrcan.gc.ca
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I quoted instead of editingI’m sure he means some SPF lumber prices
here are some random links, they contain Informations
Lumber PRICE Today | Lumber Spot Price Chart | Live Price of Lumber per Ounce | Markets Insider
Lumber Price: Get all information on the Price of Lumber including News, Charts and Realtime Quotes.Current lumber, pulp and panel prices
November 6, 2024 The most recent prices for key forest sector products in Canada published on a weekly basis by the Canadian Forest Service.
SPF lumber @splints
Should work
U.S. seeks to double tariff rates against most Canadian softwood lumber
Proposed rates, which come as lumber prices soar, would be subject to review for months before taking effect
Wealthiest person I know is holding off on building his mountain stronghold due to these lumber prices.
He has Jets...but the price of lumber is too damn high!
He has Jets...but the price of lumber is too damn high!
Fucking morons don't know why we are so reliant on Canadian wood to begin with.
You can quadruple the price of Canadian lumber - I still can't source 95% of my jobs with 'Merican wood.
Because of 'Merica beurocracy.
Fucking idiots.
I scoped some lumber yards here today
looked 100% full
looked 100% full
Lumber prices are temporary. A year from now and it'll be a thing of the past.
Ya, probably
Lumber Prices will come down ...and when you're ready to start building ..those looking for a loan will be greeted with jacked up interest rates ...
Either way ...they gonna get dat ass!
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Fite me!!
People like
@Rambo John J 's friend isn't going to need a loan.
But I am...sheeeeeeit!People like
What are you planning to do?
Nothing
I have to hold off...was gonna build a big ass garage with apartment on top.
I was pushing it anyways on the price, now I am just gonna have to wait.
Not wealthy enough to say fuck it lets spend another 25k+
Need to remodel an early 1900s house loaded with old fir wood. Tearing half the house down and adding a new addition.
When it comes to this I'm clueless ...my expertise is madafuckin Conspiracies baby!
You don'r want none.
How on earth are you making these threads predicting inflation when you don't get these simple calculations and price quotes?
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he isn’t an intellectual like me
just some loser doctor.not even a real doctor, just a fake medical one
@Splinty