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11:41 PM
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Timber! Lumber prices are falling hard
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[quote:Anonymous Coward 83551150:MV81MTU3Mjg0Xzk0NzE0Nzg1XzI2QzI1NDky] I've been resorting to re-ripping old lumber rather than buying new for major projects. It killed me to have to buy a bunch of shit OSB just to finish. That and the fuel to drive my truck far enough to pick it up. It's too hot to want to work in the sun anymore. Maybe I should just buy stuff when the price craters and wait for fall. [/quote]
Original Message
Lumber dealers have experienced a seesaw of emotions over the past couple of years.
During the pandemic, supply chain issues and a rise in home projects caused lumber prices to skyrocket.
But a shifting macroeconomic environment has left many dealers stumped, per WSJ, with lumber futures dropping 52% since early March.
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