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Timber! Lumber prices are falling hard
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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. [ link to www.theapopkavoice.com (secure)] Less than 50% Quoting: StellaBlue People are struggling just to buy essentials...no time for luxury items like lumber....
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