Posted on 07/01/2021 1:33:24 PM PDT by blam
Poor lumber prices, “suffering” a big drop. Let’s shed a tear.
Gotta clear out the higher priced stock first.
Hmmm… supply and demand coupled with a free competitive market and private enterprise works. Who knew!
It says it is still double from pre-COVID. That is significant.
Hmmm… supply and demand coupled with a free competitive market and private enterprise works. Who knew!
The cure for high prices is high prices.
So much suffering. No end to the suffering.
“Gotta clear out the higher priced stock first.”
...some lumber yards may use the more expensive lumber as a “loss leader”. Sell it at a loss to attract more buyers.
Yeah, came here to lament the suffering lumber.
The supply chain is clogged to the gills. The products are there, they just can’t get here.
This is a good sign.
People overreacted on both sides. The demand is still high and production has only increased marginally. Prices are being driven by emotion.
Don’t expect the price drop to be reflected at your local lumber store for at least 6 months. They still have their costs to cover what they paid when they ordered it.
Prices are just as high yesterday as they are today..Except Treated lumber is dropping as I bought some yesterday and today yet untreated prices remain out past the Moon price wise..
‘Lumber Bubble.’ *SMIRK*
Gotta make hay while the sun shines! SOMEONE is making big, BIG money off of this, so as the last line in the article said, don’t expect PRICES to we CONSUMERS to drop any time soon. :(
This winter we paid $23 a sheet (bought 12) for birch plywood we needed to go down under new flooring we installed ourselves. Normally, those 4x8’ sheets run $12. As of today (at Menard’s, where we bought them) they are $40.04 each!
So, I ‘saved’ $204.48, Right? *SMIRK*
The worst ever monthly decline.
Leave it to these idiots to present good news for consumers as something terrible.
Good! They needed to drop. Prices were getting ridiculous.
Sawmills make bank at $600.
I came to see how it is Trump’s fault, minorities and communities of color are hardest hit, and see how it is all because of the most brilliant president in history, Biden, brought down the price with his magical declarations....
OH WAIT. This isn’t CNN. Sorry.
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