In the day of a CM’s and framer’s life, lumber buying is considered the most enjoyable and easiest task to perform. Buying lumber is a huge ego booster. By your own admission, lumber is 40–50% of the cost of producing the finished product. I find it simply stunning how very...

We have six weeks left in the 2019 season with three major holidays inside that window. At a minimum, we will lose one week of jobsite productivity. Buyers are measuring needs against inventory on the ground as well as bought ahead. Many states have year-end inventory taxes and historically...

Eurowood and SYP…the Future! It’s times like the last couple of weeks in SPF-W, when buyers get taken by surprise, and they have one question for sellers. “How you gonna help me?” Two weeks ago, I warned that SPF mills were about to spring surprise, imminent...

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...

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...

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...

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...

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...

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...

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...