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Lumber Prices

Posted By: white17

Lumber Prices - 06/09/22 05:52 PM

https://www.barrons.com/articles/so...2gjjka0q&reflink=article_email_share
Posted By: DaveP

Re: Lumber Prices - 06/09/22 05:56 PM

Street price decline lagging futures.
Considerably.
Posted By: Lugnut

Re: Lumber Prices - 06/09/22 06:23 PM

Prices down about 40% in the last two weeks locally.
Posted By: danny clifton

Re: Lumber Prices - 06/09/22 06:25 PM

[Linked Image]

I built this over the weekend. Pressure treated ground contact lumber. Materials were 1850. Dont feel like it’s coming down to me
Posted By: warrior

Re: Lumber Prices - 06/09/22 06:28 PM

I can tell you that what we've been quoted for saw timber isn't worth cutting. Poles are in demand though. Glad almost all of our pine is 20+ years.
Posted By: Lugnut

Re: Lumber Prices - 06/09/22 06:31 PM

Plywood prices are still very high around here, Treated and framing lumber down about 40% as I said above.
Posted By: Spade

Re: Lumber Prices - 06/09/22 06:38 PM

18 months ago brought LP siding for a cabin, paid just under $35.00 per 4x10 sheet, just checked on prices today for another cabin $98.00 for the same size sheet. (same product, same lumber yard) Think I'll wait for awhile before residing,
Posted By: run

Re: Lumber Prices - 06/09/22 06:42 PM

Thank you, Ken.
Posted By: Gator Foot

Re: Lumber Prices - 06/09/22 06:42 PM

Lumber is still high here. I needed some Portland cement type l / ll. Couldn’t find it local. Had to drive over a hour to just get 15 sacks, when I need a pallet. You don’t ask price, when you need it!!
Posted By: danny clifton

Re: Lumber Prices - 06/09/22 06:44 PM

PS that middle 5x5 square is level. Somehow in the picture it doesn’t look like it
Posted By: Mike in A-town

Re: Lumber Prices - 06/09/22 07:11 PM

Prices should drop... Until the next hurricane.

Mike
Posted By: Mike in A-town

Re: Lumber Prices - 06/09/22 07:12 PM

Originally Posted by danny clifton
PS that middle 5x5 square is level. Somehow in the picture it doesn’t look like it


Looked level to me Danny.

Mike
Posted By: yotetrapper30

Re: Lumber Prices - 06/09/22 08:36 PM

It's not just lumber, it's demand for everything that's not essential that's down. I work at Lowes, and my store's sales are down over 40% from this time last year.
Posted By: Lugnut

Re: Lumber Prices - 06/09/22 09:05 PM

All that free government money has now been spent.
Posted By: Ohio Wolverine

Re: Lumber Prices - 06/09/22 09:15 PM

People are putting things off right now , hoping prices will come down .
Some said they're paying more for gas and insurance more than one insurance, like health and auto . Than they're making extra over just household costs .
Here stores and banks are closing because people can't afford gas , so they took jobs for less or the same pay closer to home .
Also I don't understand why no one wants to work , there's jobs everywhere , and paying well over $ 14.00 an hour .
Stopped at a DG and the prices doubled on many items .
And they're closed many times for lack of help .
Same with fast food places .
Posted By: Willy Firewood

Re: Lumber Prices - 06/09/22 09:54 PM

We are waiting to build a house until materials bottom out.

Or will wait until the coming depression drives land and home prices so low that we will buy what we want.
Posted By: Marty

Re: Lumber Prices - 06/09/22 09:59 PM

What happens when the dollar collapses? Study history.....see the future.
Posted By: AntiGov

Re: Lumber Prices - 06/09/22 10:15 PM

OSB back down to $24 a sheet here
Posted By: seniortrap

Re: Lumber Prices - 06/09/22 10:22 PM

All lumber is still too high for building a large amount.
Posted By: Donnersurvivor

Re: Lumber Prices - 06/09/22 11:00 PM

Originally Posted by Willy Firewood
We are waiting to build a house until materials bottom out.

Or will wait until the coming depression drives land and home prices so low that we will buy what we want.


Friends had a house build quoted last fall and by this spring the price had been raised 200k.
Posted By: keets

Re: Lumber Prices - 06/09/22 11:11 PM

2x4 material still over a $1/foot here....was trying to come down, but $5+ diesel will keep pushing it
Posted By: Steven 49er

Re: Lumber Prices - 06/10/22 02:52 AM

Originally Posted by Marty
What happens when the dollar collapses? Study history.....see the future.


Then things get really interesting.
Posted By: Boco

Re: Lumber Prices - 06/10/22 03:10 AM

I dont follow it much but what happened to the crypto-apparently near worthless now?That is what a few articles have reported.
Posted By: trapr

Re: Lumber Prices - 06/10/22 04:25 AM

Danny, what is the par on that putt-putt hole? One to the landing, another to the porch, then where too? grin
Posted By: Marty

Re: Lumber Prices - 06/10/22 04:36 AM

bitcoin was $30,075 today.
Posted By: Willy Firewood

Re: Lumber Prices - 06/10/22 04:37 AM

Originally Posted by Marty
What happens when the dollar collapses? Study history.....see the future.



Marty - we have and do study history. We also had the benefit of many relatives who lived through the depression and WWII. Lots of good guidance and ideas from those folks.

In case you have not read my recent post. I wrote extensively about actions taken by the lost leaders of this country following the actions of Adolf Hitler after he seized power in 1933.

We are living in dangerous times that will become much more dangerous before long. Hungry people losing their homes can take desperate and dangerous actions.
Posted By: Marty

Re: Lumber Prices - 06/10/22 04:38 AM

* I agree, willy.
Posted By: Gary Benson

Re: Lumber Prices - 06/10/22 10:36 AM

A 2x4 stud is still over $5 at Home Depot.
Posted By: run

Re: Lumber Prices - 06/10/22 11:01 AM

Originally Posted by trapr
Danny, what is the par on that putt-putt hole? One to the landing, another to the porch, then where too? grin

I noticed that too. Looks like a mini golf course.
Posted By: Lugnut

Re: Lumber Prices - 06/10/22 11:14 AM

Originally Posted by Gary Benson
A 2x4 stud is still over $5 at Home Depot.


Same here but they were over $8.00 not long ago.
Posted By: Pike River

Re: Lumber Prices - 06/10/22 11:18 AM

Lumber as a commodity has dropped something like 80% in the last 12 months. Those commodity prices are the writing on the wall much like the Baltic Dry in 2007.
Posted By: Yooper1978

Re: Lumber Prices - 06/10/22 11:51 AM

I started a remodel job on April 1. 2x4x8 studs were $7.50. Looks like Menards has them for $5.30 today.
Posted By: TurkeyTime

Re: Lumber Prices - 06/10/22 12:11 PM

Have a relative that was higher up in a box store. Say a 2x4 is selling for $8 and they get in a shipment that can sell for $6. They then price them at $7.00. Next shipment is $5 so now the price is $6. This is also given that the inventory and new load are equal numbers. When prices are rising they just go with the new higher price and no averaging.
Posted By: Guss

Re: Lumber Prices - 06/10/22 12:25 PM

Lumber is still high here.
Posted By: run

Re: Lumber Prices - 06/10/22 12:45 PM

I think there's people waiting for lumber prices to calm down a bit. Just my 2 cents.
Posted By: Willy Firewood

Re: Lumber Prices - 06/11/22 03:50 AM

I just priced some lumber yesterday.
2x12x24’ treated is $174 each!

We were going to build a new house in March, 2020.
Well that didn’t happen.

Because of issues, I will likely never see it.
Posted By: nooksack

Re: Lumber Prices - 06/11/22 04:26 AM

Just drove back up from Oregon. Log yards in Longview were pretty loaded. Log trucks constantly on highway 9 through Washington. Newly harvested timber sales visible in the foothills. Ton of log truck traffic in bc. That was mostly chip wood. In wa. It was cedar, hemlock, and large alder As well as pulp wood.
Posted By: DaveP

Re: Lumber Prices - 06/11/22 09:53 AM

Biden DOUBLING tariffs on Candian softwood last year didn't help.
That'll help economic recovery!

EVERYTHING his administration has done hurts America.
His America Last policy is working beyond all expectations!


Home Depot 2x4x8 price, over time.
Was less than $2 here before the insanity began

Internet #314908020, Model #6091b, Store SKU #161640

26 June 2021 - $8.25

30 June 2021 - $7.94

7 July 2021 - $7.46

18 July 2021 - $6.48

20 July 2021 - $5.84

28 July 2021 - $5.84

29 July 2021 - $5.18

2 August 2021 - $5.18

3 August 2021 - $4.68 43.3% reduction from $8.25

9 August 2021 - $4.68

10 August 2021 - $3.98 51.8% reduction from $8.25

16 August 2021 - $3.98

17 August 2021 - $3.77

22 August 2021 - $3.77

24 August 2021 - $3.67

30 August 2021 - $3.67

31 August 2021 - $3.48

20 September 2021 - $3.48

22 September 2021 - $3.58

30 September 2021 - $3.58

7 October 2021 - $3.77

11 October 2021 - $3.77

12 October 2021 - $3.98 Another increase.

25 October 2021 - $3.98

10 November 2021 - $4.25 (Forgot to check last week)

29 November 2021 - $4.25

3 December 2021 - $4.35

7 December 2021 - $4.48

18 December 2021 - $5.48

22 December 2021 - $5.98

27 December 2021 - $5.98

28 December 2021 - $6.48

31 January 2022 - $6.48

3 February 2022 - $6.98

21 February 2022 - $6.98 Did not verify price on 21 Feb. Assumed normal Tuesday increase

22 February 2022 - $7.35

28 February 2022 - $7.35

2 March 2022 - $7.75

8 March 2022 - $7.75

14 March 2022 - $7.98

29 March 2022 - $7.98

3 April 2022 - $7.75

8 April 2022 - $6.98

18 April 2022 - $6.98

19 April 2022 - $6.48

25 April 2022 - $6.48

3 May 2022 - $6.74

21 May 2022 - $6.74

24 May 2022 - $6.48

31 May 2022 - $6.48

7 June 2022 - $5.75

9 June 2022 - $5.25
Posted By: SundanceMtnMan

Re: Lumber Prices - 06/11/22 01:52 PM

The mill I work at a puts out a market report for the employees every couple of months. Our 2x4 8 ft. stud prices dropped over $400 per thousand in May with no firming of price in sight.
2 x4 8 ft stud sales down 21.56 per cent from a year ago
2x4x8' Burrill down 13.93 per cent
2x4x9' studs down 10.30 per cent
Cedar Decking down 30.11 per cent

Logs are in short supply because of the long wet spring

Doug fir/larch $605 a thousand down $20 from last May
Grand fir/hemlock $550 up $20
Spruce/Lodgepole pine $550 down$10
Western Red Cedar $1,900 down $130
Ponderosa Pine $445 up $5
Ton wood $66 a ton down $5

They are predicting a couple of tough years in the lumber business.
Posted By: keets

Re: Lumber Prices - 06/11/22 02:03 PM

I paid $7.84 per foot of 1x12 RS cedar this week
Posted By: Providence Farm

Re: Lumber Prices - 06/11/22 02:11 PM

Originally Posted by SundanceMtnMan
The mill I work at a puts out a market report for the employees every couple of months. Our 2x4 8 ft. stud prices dropped over $400 per thousand in May with no firming of price in sight.
2 x4 8 ft stud sales down 21.56 per cent from a year ago
2x4x8' Burrill down 13.93 per cent
2x4x9' studs down 10.30 per cent
Cedar Decking down 30.11 per cent

Logs are in short supply because of the long wet spring

Doug fir/larch $605 a thousand down $20 from last May
Grand fir/hemlock $550 up $20
Spruce/Lodgepole pine $550 down$10
Western Red Cedar $1,900 down $130
Ponderosa Pine $445 up $5
Ton wood $66 a ton down $5

They are predicting a couple of tough years in the lumber business.

You?

About every industry except maybe defense and medical are in for several tough years.
Posted By: SundanceMtnMan

Re: Lumber Prices - 06/11/22 03:21 PM

Oh I agree with you P.F. I was just commenting on my mills outlook on lumber.
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