Part Two in the Save Money Series I used to ride a Harley. A fellow rider once told me, “There are two kinds of motorcycle riders. Those who have wrecked and those who are going to.” After his crash and broken leg…I sold my bike. The most common question I get from...

Part One in the Save Money Series Over decades of purchasing for a large component manufacturer and trading as a lumber broker, I bought and sold well over 25,000 loads of lumber. The most valuable asset I brought to the table as the truss plants’ lumber buyer was confidence to purchase...

And, the MOST Important Buying Decision..."Buy Now or Delay?" I read this week that this is no longer the lumber business, rather it is the construction business. Absolutely, the traditional contractor yard wears many hats, however for sawmills, lumber brokers, wholesale lumber...

A contract, for the purposes of this discussion is an agreement to sell or buy a predetermined quantity,size and grade of lumber or panels, typically between a consumer and a producer...priced at current market value, "Friday Prior to Shipment." The buyer is assured of receiving...

For the wood truss industry, the single most important component in a component plant is LUMBER. Nothing is as price volatile. Nothing else takes up more physical space. Nothing else requires more constant cash or credit line. Nothing impacts the physical appearance and structural integrity of...

Snow, ice and cold sent contractors on eastern U.S. job sites running for cover the end of last week. That is not the case country wide, however it is a possibility in 80% of the continental U.S. now through the end of February. One can only ponder, in the depths of winter, how could our...

A couple of weeks ago Thom McAnally, publisher of Component Advertiser, asked if I would write a summary of how following Layman's Lumber Guide Forecasts helped/ or could have helped you in 2015. My first inclination was to create the graph below to determine that 37 of 52 weeks, our lumber...