AgTalk Home
AgTalk Home
Search Forums | Classifieds (2) | Skins | Language
You are logged in as a guest. ( logon | register )

Lumber prices
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
KevinM
Posted 1/23/2021 14:42 (#8775072 - in reply to #8774988)
Subject: RE: Lumber prices



SE IL

After the lockdown last spring the mills shut down figuring everyone would weld their pocketbooks shut. Then govt started handing out money like candy and with everyone stuck at home started home repair/update projects. Lumber/hardware stores were considered essential businesses so materials could be had. Also about that time Trump closed the Canadian border to timber/lumber imports and bingo a perfect storm was at hand. With the continuation of work from home I don't see the trend changing real soon. Folks are spending much more time in their homes and they want it to look and feel good. Lumber futures had a pretty big setback in the fall but have been going back up lately. I don't have a good feel for where this is headed but I don't look for a sustained setback soon. I think companies have decided that they can get work done without providing the brick and mortar to do it in for certain jobs. This is also why tech stocks are on fire.

Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete cookies)