Matt Layman

Lumber Briefs: 20% More Downside: Stocks and Lumber

Matt Layman

In both the lumber and stock markets, there are more disruptions coming in 2019. The immediate influences of government shutdown, mass exodus from stocks, on-going trade war, volatile oil market, fight to suppress interest rates, President Trump’s legal issues, and global economic and...

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January 2019
Issue #11234
Page 82
Matt Layman

Lumber Briefs: A Fragile Housing Recovery Built on Credit

Matt Layman

Many Americans are not overzealous about the moderate improvements to their lifestyle, income, and overall state of wellbeing during this economic recovery. That is being expressed by the stock market’s decline and increased recession rhetoric. No in-depth statistical analysis is needed...

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November 2018
Issue #10232
Page 78
Matt Layman

Lumber Briefs: Was the 2018 Canadian Rail Car Shortage Real or Imagined?

Matt Layman

There is a longer, quite fascinating tale to be pondered on the subject of this year’s historic western Canadian shipment backlog, however, for now let’s skip the conspiracy theories and stick to the confirmable facts. The source for this article’s information is the...

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August 2018
Issue #10229
Page 87
Joe Kannapell

The Last Word: The Last Word on Spruce vs. Southern Pine

Joe Kannapell

Now is the time to consider Spruce-Pine-Fir (SPF) as a substitute for Southern Pine (SP). As noted below, #2 SPF’s 19% higher bending value and only 10% lower compression value usually enables longer spans. Cull rates are generally lower with SPF, and it is lighter and easier to...

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July 2018
Issue #10228
Page 109
Matt Layman

Lumber Briefs: Lumber: Why So High?

Matt Layman

Rationing On May 23, in its most active lumber futures day ever, the market traded $68 of volatility from $15 limit down to $30 limit up and back down $15 to unchanged. Why is that? Futures suspected what we Layman’s Lumber Guide members have known since mid-May. BC mills are not...

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June 2018
Issue #10227
Page 83
Matt Layman

Lumber Briefs: Trucking Shortage: Lumber’s Summer Nightmare

Matt Layman

We lumber types have come to expect the unexpected. Hence, there is great value when we can identify, well in advance, what the next price manipulating phenomenon might be. 2018 has been a year of looking for an elusive lumber market top. Early in the year I went so far as to call 2018 a bear...

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May 2018
Issue #10226
Page 77
Matt Layman

Lumber Briefs: Hello 2018...The Year of the Bearish Lumber Market

Matt Layman

This time last year, my message was that 2017 was going to be a year of extreme volatility. To start the year, 2x4 #2 SYP-E was trading for $460. The same product in Canadian SPF-W was $310. SYP was $150 over SPF. By November that relationship had flipped with SYP at $430 and SPF at $490. SYP...

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January 2018
Issue #10222
Page 79
Matt Layman

Lumber Briefs: September Surge at Historically High Prices

Matt Layman

September Surge...Normal What exactly is the September Surge? It is an increase in lumber buying, reversing from summer inventory liquidation to inventory accumulation to prepare for autumn. Weather begins to improve after August’s sweltering heat and humidity-restricting jobsite...

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September 2017
Issue #10218
Page 67
Joe Kannapell

The Last Word: Straightening Crooked Southern Pine

Joe Kannapell

Finally we are learning what the Canadians figured out: how to maximize the use of Southern Pine (SP) lumber. We are advancing truss equipment while they are transforming sawmills to enhance the quality of this once too-crooked product. The Canadians are replaying the strategy that enabled...

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September 2017
Issue #10218
Page 90

Mass Timber Construction – Building for the Future

Fred Tai

The future is here. It is common knowledge that wood is a renewable and environmentally friendly building material. There are two types of wood-framing methods in North America. The most common method for residential construction is light-frame construction using either balloon-framing or...

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April 2017
Issue #10213
Page 76

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