- 2020’s Pandemic: Mill Production Decreases
- Western Wildfires: Shuts down Mills
- Weathering Hurricanes: More Loss of Production
- Washington News: Upcoming Election Anxiety
- Housing Market: Housing Permits and Starts Up&Down
- Transportation: Shipment Times 2-3 Weeks Late
- Future Markets: Record High Settlements and Spreads
Communication Continues to be Key
- Has the historic market run come to an end?
- How quickly will pricing adjust down?
- Demand for wood continues to be strong.
- Pricing is contingent upon ship times. There is a disparity between wood on the ground and future shipments.
- If you need wood on a jobsite in the near future, don’t wait for falling prices because you will not have the wood to ship when you need it.
Source: Random Lengths, used here with permission granted by the publisher.