Y'all Been Checkin' Lumber Prices?

   / Y'all Been Checkin' Lumber Prices? #92  
Amen to that. The Pine framing lumber will be used for new construction and the Oak will be used for siding, wall paneling, flooring, and ceilings.
 
   / Y'all Been Checkin' Lumber Prices? #93  
A friend of mine who is in the residential privacy fence business told me this afternoon that they don't expect to be able to get Western Red Cedar for at least another six months if they are lucky. Loggers and mills that are running are running white pine for home building and export. Between covid and the fires the market is very messed up.
 
   / Y'all Been Checkin' Lumber Prices?
  • Thread Starter
#94  
^^ Reminds me of a wartime song:

"I went out to get some groceries the other day
From my neighborhood grocery store
And before I could open my mouth
The grocery man said "No! You can't get that no more"
That's what he said, you can't get that no more
He said, "I sold all I had the other day"

"You just can't get it, you got to do with what you got
Ain't go have no more for the duration,
You got to be careful with your boots on""

LOUIS JORDAN - YOU CAN'T GET THAT NO MORE LYRICS
 
   / Y'all Been Checkin' Lumber Prices? #95  
The neighbor tried to get some treated lumber to fix a hay wagon and barn door....no such luck. Crazy, man, crazy times we are in.
 
   / Y'all Been Checkin' Lumber Prices? #96  
I talked with a buddy tonight. He needed six 8" X 12' treated boards. The bill was $120. :eek:
 
   / Y'all Been Checkin' Lumber Prices? #97  
I talked with a buddy tonight. He needed six 8" X 12' treated boards. The bill was $120. :eek:

I bought 6 each pressure treated 6x6s 8 ft long last week.
Bill was right below 400 bucks with tax.
 
   / Y'all Been Checkin' Lumber Prices? #99  
Lumber prices are up because the wholesale price is up. Supply and demand from a building boom. Here's a chart of a lumber for future delivery. It was $363 per sawn 1000 board feet on May 20th of this year and it's now $762. Do the math and that's where your prices are coming from. People building are chasing the price.

But wait a minute. On the flip side, the landowner selling timber, if he's knowledgeable on prices, is now rolling in clover. Stumpage prices are obviously less than milled lumber but away better than not that long ago.

Here's a chart of price movement of that lumber future.
Lumber Nov 2 (LBX2.CME) Stock Price, Quote, History & News - Yahoo Finance
 
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