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Message
re: Lumber prices !!!!!
Posted on 9/28/20 at 10:57 am to Cash
Posted on 9/28/20 at 10:57 am to Cash
I got lucky for one of the few times in my life. They finished framing and sheeting our house 3 weeks ago. Every quote after us had to be rebid due to lumber prices. Thank goodness all of my lumber was ordered, paid and just sitting in the warehouse waiting on go just before the hurricane hit.
Posted on 9/28/20 at 12:40 pm to No Colors
Thanks.
I see that the price is way down from the high around $900 to $512 now
Of course I don’t have a clue what I’m looking at. I suppose it’s the cost of a certain amount of lumber?
I see that the price is way down from the high around $900 to $512 now
Of course I don’t have a clue what I’m looking at. I suppose it’s the cost of a certain amount of lumber?
This post was edited on 9/28/20 at 12:42 pm
Posted on 9/28/20 at 1:24 pm to SlidellCajun
quote:
suppose it’s the cost of a certain amount of lumber?
1000 board feet
But it's disconnected from reality.
Like, 2x4s were selling for $1000 a month ago. Now they're selling for $900. Decking was selling for $1850 a month ago. Now it's selling for $1650.
The futures are a financial product that speculators gamble on. Or that big home builders use as hedges. They aren't necessarily reflective of the cash market.
Posted on 9/28/20 at 2:47 pm to No Colors
quote:Pine poles .
The only thing still selling for $100 a ton is white oak for whisky barrels. It's still high as giraffe pussy. Everything else is crap.
This post was edited on 9/28/20 at 2:48 pm
Posted on 9/28/20 at 3:12 pm to No Colors
quote:
1) Hemp fiber sells for about $250 to $300 a ton. Right now, pulp wood to make pulp sells for about $5 a ton. So it never was an issue of politics or some stupid stoner story about some guy who wanted to sell his trees for more money so he outlawed hemp. Focus on this: wood fiber is way, way, way cheaper than hemp fiber. That's it. That's all.
Can't argue with the rest of the post, but you're going on current hemp acreage prices here in an industry that's pretty new. Compared to the acres of trees that have been farming for decades I can't help but think that hemp would eventually overtake it in price if for no other reason than you can harvest it every year if not twice a year on the same acre of land. Plus they're getting the oils off of it and the fiber is basically bonus. That's a lot of incentive to move some land from trees to hemp if they ever get the regulation boot off it.
I read something recently about them trying this in Texas and finding out that the hemp boom was basically bullshite there because it's not as easy to grow it as everyone likes to think which means it's going to have to be grown in a smaller zone than pine trees, but ultimately, the greenies are going to point out that if you can reduce the acreage needed to feed those mills by switching to hemp down the road when it becomes cost effective, you can return some of those forests back to native hardwoods. Which personally, I'd love to see happen. Shame it's not going to be in our lifetimes.
Posted on 9/28/20 at 4:48 pm to rb
quote:
Pine poles
He said Hardwood....
Posted on 9/28/20 at 10:13 pm to No Colors
No colors, you got any MSR to sell??
This market is crazy for the construction industry. I can only protect my proposals for 7 days and even then we are telling everyone thy we’re reproducing at time of shipment based on Random Lengths. Which like you said isn’t even realistic because we can’t get mills to give us prices right now.
Major causes of the market increase were that the big brokers canceled most of their orders at the beginning of COVID so the mills slowed down production and then big box stores tripled their orders followed by the construction industry not slowing down so the brokers then placed all of their large orders again.
This market is crazy for the construction industry. I can only protect my proposals for 7 days and even then we are telling everyone thy we’re reproducing at time of shipment based on Random Lengths. Which like you said isn’t even realistic because we can’t get mills to give us prices right now.
Major causes of the market increase were that the big brokers canceled most of their orders at the beginning of COVID so the mills slowed down production and then big box stores tripled their orders followed by the construction industry not slowing down so the brokers then placed all of their large orders again.
Posted on 9/29/20 at 6:14 am to Mmackl1
Yeah... I can get you MSR.....I can get anything. 
Posted on 9/29/20 at 6:17 am to No Colors
quote:
I can get anything

Posted on 11/12/20 at 8:10 am to Mmackl1
Looks like prices dipped a good bit in mid October but now creeping back up a bit.
Posted on 11/12/20 at 8:15 am to No Colors
quote:
Should I go on????? Because I can.....
Are you always an a-hole? Or is it just a coincidence that you are an a-hole in every post of yours that I happen to see?
Posted on 11/12/20 at 8:56 am to No Colors
What are your thoughts on the veneer hardwood market? Is there still demand or was it pretty well crushed by the trade war and yet to recover?
Posted on 11/12/20 at 10:20 am to Nicky Parrish
I bought a sheet of 7/16 OSB a couple of weeks ago....$23!!! I likened to had a heat attack....
Posted on 11/12/20 at 10:31 am to Nicky Parrish
quote:
Needed to make a new door to go in my chicken run. Treated 2x4x8’ $8.63 X 3 ea Treated 2x6x8’ $11.29 X 1ea Would hate to be building right now. Workshop would need to be added onto, not right now!
There is some strong disconnect between lumber prices and home prices. In most areas of the country it is possible to buy a 2000 square foot track house for somewhere around $100 to $125 a square foot including the dirt, landscaping including sod and a simple sprinkler system and a PT fence. Small lot, obviously, say 5000 square feet or so. Ask that same builder about building that same plan on YOUR lot, same finishes etc and the price per foot will be closer to $150-$175....less the lot and the niceties like landscaping and a fence. Inevitably they will tell you this is due to the cost of lumber. They have been building that same plan and selling it, presumably at a profit AFTER real estate commissions etc at, say, $110 a foot, for YEARS.
Posted on 11/12/20 at 10:34 am to meeple
quote:
Curious as to what has caused prices to spike?
Building boom and COVID. There is a housing bust coming....you can't go anywhere in the US where they ain't building 3/2s on 1/10th acre lots as fast as the delivery trucks can unload the trusses....
Posted on 11/12/20 at 10:38 am to ABNRanger
quote:
When do you see the lumber prices returning to a more Normal level? We have a DIY project my buddy and I plan to construct starting in November.
I wouldn't let the increase in prices deter me....you may be waiting a LONG time...and it is only going to add 10% or so to your material costs....unless you just don't have the extra 10% or so....
Posted on 11/12/20 at 10:41 am to bbvdd
quote:
And one more thing, of all thousand being built, most are sold prior to being finished.
Take a gander at Realtor.com or Zillow. You can't find a new house that is not "pending". Almost all of them are under contract before the dirt is disturbed or soon after. Track houses. If you are buying custom built or high end homes they stick around a little longer but 2000 - 3000 3/2s and 4/2s on postage stamp lots? Forget about it....you have to get in line and take whatever the builder is building.
Posted on 11/12/20 at 10:45 am to No Colors
quote:
You did great. The Hardwood markets in Mississippi are awful. $100 a ton delivered was a legitimate price for red oak, hickory, etc before the trade war in 2018. Then, prices really dropped. Now, I'm seeing mills paying $50-60 for oak and hickory. Which nets $25-35 to the landowner. The only thing still selling for $100 a ton is white oak for whisky barrels. It's still high as giraffe pussy. Everything else is crap.
Its hard to tell at the yard if you are a hobbyist or small wood working shop. Hardwood lumber prices seem as high as ever to me.....
Posted on 11/12/20 at 6:36 pm to meeple
COVID shut down and slowed down the mills and the timber harvest.
And unemployment plus the extra Covid cash had a lot of mill type workers making more staying at home than at the mills.
And unemployment plus the extra Covid cash had a lot of mill type workers making more staying at home than at the mills.
Posted on 11/12/20 at 7:38 pm to Nicky Parrish
shite is out the roof. We are trying to get a mill up right now. People are working on top of each other. Company men and contractors. Working 80 hours a week and we ain’t even running yet. Mill is south of ElDorado Ar and log yard is full as we speak
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