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Lumber Prices Are Falling Fast, Turning Hoarders Into Sellers
WSJ ^ | 6-15-21 | Ryan Dezember

Posted on 06/15/2021 7:09:01 PM PDT by dynachrome

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To: Texas Fossil

A few weeks back I was running around central Missouri and the local commercial yards were having home builders out the KC suburban area showing up and buying out everything they had because the large metro area commercial yards were oversold and projects were stopping half finished due to shortages.


41 posted on 06/15/2021 8:43:46 PM PDT by KC Burke (If all the world is a stage, I would like to request my lighting be adjusted.)
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To: vigilante2

It was a joke.


42 posted on 06/15/2021 8:47:46 PM PDT by alternatives? (If our borders are not secure, why fund an army?)
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To: KC Burke

That can happen in very short term.

Some mentioned Lowes, they are a retail lumber supplier.

Contractors us building supply companies. Selection and quality is the issue for builders. And the sales are huge packages. Totally different market than retail lumber.

Contractor supply company never buy in less than truckload lots.

DIY supplies hardly ever buy full truck loads.

The credit risk in the Contractor supply companies is significant.


43 posted on 06/15/2021 8:50:04 PM PDT by Texas Fossil ((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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To: Texas Fossil

I will admit that a few times in my career we had certain markets that had a Price-in-effect-at-time-of-shipment condition with limitations. We had that with Reinforcing and certain steel coil stock in ‘74 but you had a limit-up price to work with to mitigate the risk.


44 posted on 06/15/2021 9:00:43 PM PDT by KC Burke (If all the world is a stage, I would like to request my lighting be adjusted.)
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To: Pollard

Thank you


45 posted on 06/15/2021 9:21:32 PM PDT by tbw2
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To: Texas Fossil

About 20 years ago, I bought a truckload of graded lumber from a smaller mill a couple of states away for building a subfloor for a somewhat large house, and it came at about a third of retail including transportation. But the lumber was very green and wet. It was cross-stacked immediately after unloading (just in case, for curing) and built as quickly as possible.


46 posted on 06/15/2021 10:39:21 PM PDT by familyop
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To: Texas Fossil

Same with another load for the framing and roof.


47 posted on 06/15/2021 10:40:48 PM PDT by familyop
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To: Levy78

This is something happening all over- it is being called ‘hardship’ by the builder and IS being written in the contracts.


48 posted on 06/16/2021 3:17:48 AM PDT by Cowgirl of Justice
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To: dragnet2

A new fence might be nice, but if the old one is still solid but ugly, might be easier to just take off your eyeglasses.😉


49 posted on 06/16/2021 5:28:52 AM PDT by drSteve78 (Je suis deplorable. WE'RE NOT GOING TO TAKE IT ANYMORE)
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To: dynachrome

Thank God because we have to buy 28 OSB squares to put the new roof on Mom’s house. Mr. GG2 is out tracking them down this morning.


50 posted on 06/16/2021 6:42:47 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: familyop

Yes. Small lumber mills in NM (I lived there from 1972-1986) were well know for quality issues relating to moisture.

It is good if you do what you did. The atmosphere that is normally very dry.

If you leave it bundled it will change color.

The big mill solution is Kiln Drying. In the right time of the year. In most of NM and in parts of Texas it can be air dried if you stack it with slats so air can circulate.

Hope it didn’t warp too much in the dry process.


51 posted on 06/16/2021 8:08:56 AM PDT by Texas Fossil ((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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To: KC Burke

I look forward to the panic buying that the ComDem_Insanity have caused to happen. I like to see more stability.

I learned to hate the left beginning in the 1960’s. Some things only get worse with age. Totalitarianism in all forms is evil. But when it comes to Leftist and Islamist crazies, they are close tie for worst.

I’ve done battle with the left since the mid 1970’s. Have no illusion how truly evil they are. Some are just useful idiots, the leaders are as evil as Charles Manson.


52 posted on 06/16/2021 8:13:23 AM PDT by Texas Fossil ((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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To: Georgia Girl 2

Probably won’t fall too fast.


53 posted on 06/16/2021 8:31:56 AM PDT by dynachrome ("I will not be reconstructed, and I do not give a damn."m)
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To: familyop

I was building an entertainment project in the midwest when I had a themed decor of an area in bamboo increase in size and scope. The owner had been pleased with how some natural fire treated bamboo looked better than artificial.

I hired a direct truck with double team drivers out of Miami, flew a superintendent to a Miami warehouse to buy natural bamboo and because I knew that curing and fire treatment soaking would cause cracking bought twice the amount I knew I needed. I then had the double team of drivers drive back to Missouri.

The double amount turned out to just be enough after all sorts of loss and extras. Those costs still turned out to be less than the artificial and look better.


54 posted on 06/16/2021 9:35:29 AM PDT by KC Burke (If all the world is a stage, I would like to request my lighting be adjusted.)
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To: dynachrome

Yeh its going to be around $3,700.


55 posted on 06/16/2021 3:27:10 PM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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