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Lumber Prices are High, but IS it “Gouging” Though? (Video)
Much has been made of the recent sharp increase in the price of lumber, with a whole crop of suddenly new commenters saying this is “price gouging”. Where were these people for the past ten years when lumber was undervalued? FULL STORY + GRAPHS: https://madisonsreport.com/2021/05/14/lumber-prices-are-high-but-is-it-gouging-though/ BIG THANKS TO https://www.soleraadvisors.com/ for the chats, insight, and graphs…
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Lumber Prices are High, but IS it “Gouging” Though?
An examination of current lumber prices if paid in the current price of other commodities, IE: WTI Brent, Copper, and even Bitcoin. Comparison of current WTI Brent price if paid in Bitcoin. Much has been made of the recent sharp increase in the price of lumber, with a whole crop of suddenly new commenters saying…
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Lumber Prices Push Up Further as Sales Volumes Remain High
A severe lack of supply along with unrelenting demand sent softwood lumber prices up once again for the week ending April 30. At the producer level, sawmill order files stretched out 4 weeks or longer, with chronic delayed deliveries adding approximately 3 weeks to that. As the home building season is just getting started for…
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Canada and US Railcar Loadings: April 2021
The Association of American Railroads (AAR) reported May 5 US and Canadian rail traffic volumes for April 2021. The Association of American Railroads (AAR) reported May 5 US and Canadian rail traffic volumes for April 2021. Down slightly after a huge rebound in March, US railroads originated 951,840 carloads in April, up +24%, or 182,060…
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Continued Strong US Housing Construction and Home Sales Push Lumber Prices Higher
As April draws to a close and the usual construction season starts to come on in Canada and the US, demand for softwood lumber remains very hot. While customers are reluctant to pay these way-beyond record-breaking prices, there is little they can do to avoid buying as ongoing building projects must be completed. Builders and…
