I was coming back from Home Depot with a couple of sheets of 3/4″ treated plywood to replace the flooring on my boat, and a guy pulled me over brandishing a pistol!
I thought I was being car jacked so I threw my keys at him to avoid getting shot. He swatted the keys away and proceeded to transfer my plyood to his truck.
I was Lumberjacked!
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Yup
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Driving through Lakeville this afternoon and the small town lumberyard looks like this…. so yeah…there isn’t any wood available… 
I’ve never seen it look like this.
I’m afraid these lumberyards are going to be hurting once the price finally drops below the price they actually paid for the material.
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There is a new tariff on lumber from Canada on top of everything else.
Canada is having covid problems still. To the point of closing businesses down. It sounds a lot different than here. Whenever they get past that maybe they can put out more lumber? Is the border even open for truckers yet?
Driving through Lakeville this afternoon and the small town lumberyard looks like this…. so yeah…there isn’t any wood available…
I’ve never seen it look like this.
I’m afraid these lumberyards are going to be hurting once the price finally drops below the price they actually paid for the material.
That’s not a small town lumber yard. That’s Builders First Source only people that sell more sticks is HD.
I’m surprised there’s not armed guards around those lumber yards.
It’s getting out of hand!
Needed some 1×6 – 8′ Standard boards, yeah $19.00 a board.
There is a new tariff on lumber from Canada on top of everything else.
Canada is having covid problems still. To the point of closing businesses down. It sounds a lot different than here. Whenever they get past that maybe they can put out more lumber? Is the border even open for truckers yet?
In this part of the country a lot of lumber comes on rail from Canada. Trains running around the clock up here.
Week ago I paid $9.40 for 2 x 4’s.
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It’s getting out of hand!
What is the unit of measurements for these costs?
*— ITEM# —* *——- DESCRIPTION —— QTY
248S2 2X4-8′ #2 SPF 131
2410S2 2X4-10′ #2 SPF 12
2412S2 2X4-12′ #2 SPF 99
2414S2 2X4-14′ #2 SPF 166
2416S2 2X4-16′ #2 SPF 30
268S2 2X6-8′ #2 SPF 146
2610S2 2X6-10′ #2 SPF 31
2612S2 2X6-12′ #2 SPF 179
2614S2 2X6-14′ #2 SPF 191
2616S2 2X6-16′ #2 SPF 51
2108S2 2X10-8′ #2&BTR SPF/HF 6
21010S2 2X10-10′ #2&BTR SPF/HF 23
21012S2 2X10-12′ #2&BTR SPF/HF 4
21016S2 2X10-16′ #2&BTR SPF/HF 1
249258S 2X4-92-5/8″ STUD SPF PET 220
2410458S 2X4-104-5/8″ STUD SPF PET 149
269258S 2X6-92-5/8″ STUD SPF PET 254
2610458S 2X6-104-5/8″ STUD SPF PET 254
716OSB 7/16″4X8 OSB RTD 54
716OSB9 7/16″4X9 OSB RTD 98
716OSB10 7/16″4X10 OSB RTD 8
1532OSB 15/32″4X8 OSB RTD 150
34TGOSB 23/32″4X8 T&G OSB SIF 103
So the price dropped $8,000 from Dec 2020 to Jan 2021 (48k to 40k in chart).
Date night!
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$11 for a 2×4 stud at the local Menards (and that’s for their version of lumber suited to building around corners).
Still no sign of a major slow down in builds or contracts for our area here…my summer gig at the local yard still wants me on-board as many hours as I’m willing to work. I told them my availability corresponds closely with the bite and weather though 
People will build at any cost so long as the number owed at the end of the month fits somewhere close to their income. There has to be a point where banks start realizing that financing a moderate 2000 sq. ft house for $500,000 in rural MN is a risky proposition with inflated material costs. I know a lot of contractors in the area are staying cautiously busy, but are really holding back their expectations and personal spending. If a few key projects are put on hold, income can be hard to come by in a hurry.
There has to be a point where banks start realizing that financing a moderate 2000 sq. ft house for $500,000 in rural MN is a risky proposition with inflated material costs.
I was reading an article the other day saying they already are. Many homes are now being built bare bones without the few extras that people could afford two years ago. Those extras are now putting home prices over the limits of qualified mortgages.
The profits mills in British Columbia are seeing are unheard of do to the covid shutdown.
I recently heard but cannot confirm that the mills up there are stockpiling lumber to keep the prices inflated.
Not sure why, sooner or later they need to dump it on the market.
The profits mills in British Columbia are seeing are unheard of do to the covid shutdown.
I recently heard but cannot confirm that the mills up there are stockpiling lumber to keep the prices inflated.
Not sure why, sooner or later they need to dump it on the market.
Why? Big oil controls prices through availability. As a supplier of raw materials why would anybody flood the market to lower prices? People are proving prices won’t slow the desire to build. So these guys and everybody else are stuffing their mattresses while the time is hot. No different than boats, trucks or cigars. The people keep paying, the companies will keep raising the prices.
<div class=”d4p-bbt-quote-title”>Eelpoutguy wrote:</div>
The profits mills in British Columbia are seeing are unheard of do to the covid shutdown.
I recently heard but cannot confirm that the mills up there are stockpiling lumber to keep the prices inflated.
Not sure why, sooner or later they need to dump it on the market.Why? Big oil controls prices through availability. As a supplier of raw materials why would anybody flood the market to lower prices? People are proving prices won’t slow the desire to build. So these guys and everybody else are stuffing their mattresses while the time is hot. No different than boats, trucks or cigars. The people keep paying, the companies will keep raising the prices.
Been to menards lately? Stockpiles of lumber building up. People are done lying these outrageous prices.
Sooner or later they will be on the hook for surplus inventories.
I’m talking logs piled high in mile rows. It’ll rot before they can use it either that or there’ll be a good run on firewood.
Been to menards lately? Stockpiles of lumber building up.
My only thought behind that is all these lumber yards started buying as much as they could last year and it finally all started showing up.
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<div class=”d4p-bbt-quote-title”>Angler II wrote:</div>
Been to menards lately? Stockpiles of lumber building up.My only thought behind that is all these lumber yards started buying as much as they could last year and it finally all started showing up.
Ummm! it’s crazy times out there. The funny thing out there are the “Experts” predicting what will happen! What a joke!
i forgot to take a peek at shingles yesterday when i was at menards……are they as ridicoulsy high priced as lumber?????? i need 7 bundles to re shingle a 10 X 12 storage shed????????/
Back when I was working we bought our lumber buy the train loads, then the tree huggers had to save the spotted owl and were disrupting lumber harvest on the west coast to the point we started to get it from Canada, maybe with the border being closed and the Canadian restrictions on their workforce due to covid may have something due to the supply, driving prices up.
i forgot to take a peek at shingles yesterday when i was at menards……are they as ridicoulsy high priced as lumber?????? i need 7 bundles to re shingle a 10 X 12 storage shed????????/
Regular asphalt shingles don’t appear to be too out of line from what I have seen. If they’ve gone up its nowhere near the amount like lumber.
<div class=”d4p-bbt-quote-title”>Eelpoutguy wrote:</div>
The profits mills in British Columbia are seeing are unheard of do to the covid shutdown.
I recently heard but cannot confirm that the mills up there are stockpiling lumber to keep the prices inflated.
Not sure why, sooner or later they need to dump it on the market.Why? Big oil controls prices through availability. As a supplier of raw materials why would anybody flood the market to lower prices? People are proving prices won’t slow the desire to build. So these guys and everybody else are stuffing their mattresses while the time is hot. No different than boats, trucks or cigars. The people keep paying, the companies will keep raising the prices.
Well, the last time gas flew through the roof, congress pushed for alternative fuel supplies. Electric is making a big push as other sources did too. Now look at gas.
Any commodity out there can put themselves out of business by price inflation. Humans are very intelligent animals. I wood prices continue to climb and supplies are limited, we’ll come up with something to replace it that’s better and eventually cheaper.
Everything takes time.
Still no slow down here in the Twin Cities area. Got another email from one of my other remodelers with a dozen signed projects on it for this year that has a ‘soon as we can get to it’ timeline.
Might slow down new construction, but people fixing up their houses doesnt seem to be going anywhere around here.
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