[Larry Lucido]

Poor lumber prices, “suffering” a big drop. Let’s shed a tear.

[dynachrome]

Gotta clear out the higher priced stock first.

[House Atreides]

Hmmm… supply and demand coupled with a free competitive market and private enterprise works. Who knew!

[Codeflier]

It says it is still double from pre-COVID. That is significant.

[House Atreides]

Hmmm… supply and demand coupled with a free competitive market and private enterprise works. Who knew!

[wny]

The cure for high prices is high prices.

[who_would_fardels_bear]

Oh Noes! People suffered when lumber prices were rising and now lumber is suffering a price decline.

So much suffering. No end to the suffering.

[E. Pluribus Unum]

The supply chain is clogged to the gills. The products are there, they just can’t get here.

[Jonny7797]

This is a good sign.

[bray]

People overreacted on both sides. The demand is still high and production has only increased marginally. Prices are being driven by emotion.

[G Larry]

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.

[Diana in Wisconsin]

‘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*

[Tolerance Sucks Rocks]

The worst ever monthly decline.

Leave it to these idiots to present good news for consumers as something terrible.

[al_c]

Good! They needed to drop. Prices were getting ridiculous.

[Mariner]

Sawmills make bank at $600.

[CodeJockey]

I’m thinking the same will occur with new auto prices once the semiconductors/chips start to make it to the end of the supply chain. There is no issue with production now.

[GranTorino]

Waiting for this to happen with ammo.
Not holding my breath.

[crusher]

For a while lumber was so hard to get and the prices were so high I heard of lumber being smuggled into the country being disguised as cocaine.

[Kartographer]

I can soon afford a Club Sandwich again!

[Starstruck]

Cool. I was putting off replacing a 12’x12’ dock this summer due to lumber prices. It may be viable now.