Think out of the box.
IDO » Forums » Fishing Forums » General Discussion Forum » Anyone Curious on Lumber Prices
Anyone Curious on Lumber Prices
-
Coletrain27Posts: 4789May 15, 2021 at 10:59 am #2037033
Think out of the box.
I’m putting my birdhouse project off until next year…..
deertrackerPosts: 9231Coletrain27Posts: 4789May 15, 2021 at 1:41 pm #2037051There 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?
The boarder is open for truckers, I really doubt it ever closed for truckers. I work on a custom glass tempering line and orders from Canada have been through the roof for a while now and it doesn’t help that orders from within the US haven’t declined either. We normally shut the line down for a week to do maintenance but didn’t do that in January because of demand
May 15, 2021 at 2:58 pm #2037060There 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?
To be clear, this is a tax put in place by the US, not by Canada. Tariffs are taxes on IMPORTED goods. This 27% lumber tariff was put in place by the Trump administration in 2017. It was recently cut to 9%. Why wasn’t it eliminated? Pressure from the US lumber industry to keep prices up on the US side of the border.
Grouse
DeucesPosts: 5233May 17, 2021 at 7:05 pm #2037428Went to grab some 2x12s and guy said can get lvl almost same price nowadays.
June 14, 2021 at 7:03 pm #2042725Ah the good ol’ days…
Just found this picture in my phone, taken January 25 2020
Attachments:
bigpikePosts: 6259June 14, 2021 at 7:43 pm #2042744Lumber has dropped a bit the last 2 weeks. OSB not so much.
I tell ya, sure am glad I’m out of new construction. I hear Lead times are insane.
June 15, 2021 at 1:34 pm #2042855Signs of hope. Plywood/OSB hasn’t leveled out though.
Attachments:
June 15, 2021 at 4:53 pm #2042907There is just no way I’m paying the ripoff prices. I must not be the only one. Lumber desk at Menards was like a ghost town, one poor lonely Menards guy there looing bored.
The good news is I’ve never seen so much lumber in stock at Menards. For once they’ve got everything because nobody’s buying any of it.
Hopefully, prices will keep coming down at the retail level.
Grouse
June 15, 2021 at 5:16 pm #2042914Speaking of Menards. They and HD have the best prices by far right now. Just put in an order today and they had plenty of everything I needed.
bigpikePosts: 6259June 15, 2021 at 8:07 pm #2042934Yup, all the projects I HAD to do this year I did but kept it minimal. All the projects I want to do regarding lumber are on hold until further notice. I’ll wait it out
June 16, 2021 at 9:41 am #2042991True or not I dont know. Heard on the news this morning that prices should go down significantly soon. Said supply restrictions are easing so the companies hoarding to keep prices up will be forced to sell.
Gitchi GummiPosts: 2983June 16, 2021 at 2:03 pm #2043042Just out of curiosity, who is getting the biggest slice of the pie in terms of these inflated prices? Loggers? the mills? distributors? retailers? or is everyone in the entire supply chain dipping their hand into this cookie jar?
June 16, 2021 at 4:13 pm #2043072It’s coming back down: 41% drop in lumber futures from their high in May.
June 16, 2021 at 6:27 pm #2043087Just out of curiosity, who is getting the biggest slice of the pie in terms of these inflated prices? Loggers? the mills? distributors? retailers? or is everyone in the entire supply chain dipping their hand into this cookie jar?
JMO but I think everyone is adding a percentage because they can—the demand is there.
?????Posts: 299June 16, 2021 at 10:20 pm #2043119Just an FYI it will drop we have Potlatch mills up north that now have more lumber than demand. Demand is still high but with prices at al all time high and inventory high it will begin to drop.
June 17, 2021 at 9:34 am #2043170I hope the prices keep dropping. I’m in serious need of a new deer stand this year. Looks like I’ll finally be able to afford it the weekend before rifle opener!
You must be logged in to reply to this topic.