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Will lumber prices be increasing as a result of all the forest fires in Canada and the US?

 
Anonymous Coward
User ID: 85940730
United States
06/09/2023 12:30 PM
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Will lumber prices be increasing as a result of all the forest fires in Canada and the US?
And what about futures contracts?
Anonymous Coward
User ID: 83460365
Canada
06/09/2023 12:37 PM
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Re: Will lumber prices be increasing as a result of all the forest fires in Canada and the US?
Who knows... Maybe they will be forced to start thinning out the forests and lumber prices go down from all the wood.
Anonymous Coward
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06/09/2023 12:39 PM
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Re: Will lumber prices be increasing as a result of all the forest fires in Canada and the US?
Who knows... Maybe they will be forced to start thinning out the forests and lumber prices go down from all the wood.
 Quoting: Anonymous Coward 83460365


Lol, that is not how demons work, prices are going to skyrocket, they don’t want any more homes built, we are all moving into the cities, lots of factories to house us
Anonymous Coward
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06/09/2023 12:40 PM
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Re: Will lumber prices be increasing as a result of all the forest fires in Canada and the US?
not likely. if you extrapolate the economic data from march onward

this saved it from collapsing tho
Anonymous Coward
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06/09/2023 12:41 PM
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Re: Will lumber prices be increasing as a result of all the forest fires in Canada and the US?
Good. I run a mobile sawmill and everyone has been trying to j me on my wood.
Anonymous Coward
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06/09/2023 12:43 PM
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Re: Will lumber prices be increasing as a result of all the forest fires in Canada and the US?
I will have no effect because lumber demand is slowing way down.

It might have some effect in the future if there are major disasters that destroy thousands of homes.

hf
Anonymous Coward
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06/09/2023 01:06 PM
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Re: Will lumber prices be increasing as a result of all the forest fires in Canada and the US?
No.

Prices will drop because there will be less lumber in the markets.


Dumb Ass!!
Anonymous Coward (OP)
User ID: 85940730
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06/10/2023 12:06 PM
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Re: Will lumber prices be increasing as a result of all the forest fires in Canada and the US?
Who knows... Maybe they will be forced to start thinning out the forests and lumber prices go down from all the wood.
 Quoting: Anonymous Coward 83460365
Anonymous Coward
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06/10/2023 12:13 PM
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Re: Will lumber prices be increasing as a result of all the forest fires in Canada and the US?
OP = High IQ poster
TEOTWAIKI

User ID: 85889537
Canada
06/10/2023 12:21 PM

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Re: Will lumber prices be increasing as a result of all the forest fires in Canada and the US?
Noticing some strange wildlife patterns up east of the fires;
You can usually set your calender by the geese coming through in the early spring and again in the late fall; but yesterday and today, skeins of geese were coming through. I think they're fleeing the fires and looking for water and fresh air:) Probably the bears and moose; not being as mobile, didn't fare well but maybe some to those are on the way as well:)





GLP