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So far Andrew Harris has created 12 blog entries.

Monday Market Report: 7/26/21

Happy Monday folks! Deals are in the air! While several categories are still at historically high prices (looking at you, plywood and OSB), pricing is working its way down throughout the supply chain. Even stubborn 1” boards are starting to show signs of softening.

Hardwood is one area that is higher than previous years and will likely stay that way. Log supply has been dismal, as storms have hammered the gulf coast with historic levels of rainfall the last two months in Texas and Louisiana. If you need hardwood, plan for extended lead times and higher prices. We keep an inventory on the ground with resawing capabilities to provide […]

By |2021-07-27T16:59:21-05:00July 27th, 2021|Market Reports|0 Comments

Monday Market Report: 7/12/21

Happy Monday folks! The market correction on dimensional lumber in full effect. 2-inch SYP is mostly affected as well as 4-inch timbers, while 1-inch S4S boards remain propped up for now. Distributors like us are aggressively working through our current inventories so that we can take advantage of some lower pricing available from the mills, but most of us still have higher inventory levels and costs than we would prefer. We sincerely appreciate the help of our customers working through it so that we can all realize savings sooner rather than later.

SYP plywood pricing has begun softening at the mill levels, but the same challenge exists on a larger […]

By |2021-07-16T09:30:32-05:00July 12th, 2021|Market Reports|0 Comments

Monday Market Report: 6/29/21

Happy Monday number 2 everyone! Happy to see everyone again as I have been in Mexico for the last week and change scoping out retirement destinations, albeit a little early considering that is about 30 years out. Apparently, I was not the only buyer taking some time off the last few weeks, as prices on all SYP dimensional lumber have now come down in a big way. We certainly appreciate our customers’ recognition that it takes us distributors several weeks to work through inventory before we can all realize some savings and buy back in at lower prices now available at the mills. We must maintain a roughly 30-day working […]

By |2021-07-01T11:54:15-05:00June 29th, 2021|Market Reports|Comments Off on Monday Market Report: 6/29/21

Monday Market Report: 6/7/21

Happy Monday everyone and welcome back to the Monday Market Report! The winds of change are upon us for sure, but for how long and to what extent we cannot be certain. The major volume buyers of #2&better lumber have significantly curtailed recent orders causing a downward shift in prices for upper grades in almost every dimension and region. 2×4 and 2×6 have been the most heavily impacted. Boards remain strong as well as longer timbers, but some downward pressure is showing in the shorts. Industrial grades are still holding for now as the mill capex improvements over the last year have limited the production of downfall products. For the […]

By |2021-06-07T16:56:50-05:00June 7th, 2021|Market Reports|Comments Off on Monday Market Report: 6/7/21

Monday Market Report: 5/24/21

Happy Monday everyone! The lumber market took a collective breath this week, but we are not out of the woods just yet. DIY business is down slightly at big box stores compared to last year, but it has been replaced by contractor sales for those needing to fill orders that secondary suppliers were not able to fill. April housing starts were down from March, but still running at a good clip compared to recent years. Some #2 and better prices and availability seemed to loosen up, but industrial grades saw big increases again this week due to scarcity. Panels continue to rise with no relief in sight. Some imports have […]

By |2021-05-24T18:46:53-05:00May 24th, 2021|Market Reports|Comments Off on Monday Market Report: 5/24/21

Monday Market Report: 5/17/21

Happy Monday everyone! When will it all end!? This is the multibillion-dollar question going around right now. No one really knows, though there are plenty of guesses going around. None of them include this week as prices skyrocketed yet again, especially in the southern yellow pine market. There are a few factors that some people think may impact cash prices in the near to midterm. Futures have been dropping daily in anticipation of a correction, but they are still close to current cash prices which simply means enough folks think we are reaching the top of this thing. Panels are still a mess, with OSB mills mostly off the market […]

By |2021-05-17T16:41:57-05:00May 17th, 2021|Market Reports|Comments Off on Monday Market Report: 5/17/21

Monday Market Report: 5/10/21

Good morning all and Happy Monday! Hope everyone did something nice for the mothers this weekend! Another historic run in the markets this week, with lumber and panels pushing higher still. Lumber futures are trading nearly 40% over their prices just 3-4 weeks ago. SYP lumber is still the most economical option in the North American markets, and that will continue to drive our prices up regionally across all dimensions and grades. Plywood is in the same shape with gains posted again this week and mills mostly off the market with order files into July. What little rated sheathing comes available is bought at steep premiums in many cases by […]

By |2021-05-10T13:09:37-05:00May 10th, 2021|Market Reports|Comments Off on Monday Market Report: 5/10/21

Monday Market Report: 5/3/21

Good morning all and Happy Monday! For the Led Zeppelin fans out there, the song remains the same. Another week of substantial gains across all dimensions and grades of lumber and plywood this week. Along with the same story of too much demand, not enough supply, non-traditional SYP buyers coming into this market increased competition to cover inventory needs for regional buyers. While there is widespread concern for the downside of these price gains, the need to fulfill customer orders outweighs any buyer trepidation. Order files remain several weeks out at most mills, and several lumber and plywood mills have not been able to quote on the open market consistently. […]

By |2021-05-03T11:34:56-05:00May 3rd, 2021|Market Reports|Comments Off on Monday Market Report: 5/3/21

Monday Market Report: 4/26/21

Hello, and welcome to another week of steep increases across all wood products, otherwise known as the Monday Market Report. The same effects are being felt across nearly all input costs in the construction and industrial markets. Diesel, copper, brass, steel, gypsum, you name it, prices continue to surge. What all of these have in common is an extremely stressed supply chain. As far as lumber and plywood go in the Southern US markets, prices are up across the board and looking to continue. Covering inventory needs remains the priority, and many buyers are purchasing additional loads where available to cover shipping delays that are being seen across the country. […]

By |2021-05-03T11:35:06-05:00April 26th, 2021|Market Reports|Comments Off on Monday Market Report: 4/26/21