It's not Covid related per se. It is a culmination of insanely low interest rates (which means more building), the mills working at full speed (market dynamics/ too little capacity to create framing lumber), and the *invisible force/china* of the market buying up all available supply.

BTW, the guys that own tree farms (the suppliers of the wood we need) are getting all time low rates for their product. The only people making $ are the mills that process the wood.

If you had the $ to build mills in rural GA, SC, AL you could make a fricking killing these days.

This post was edited on 2/26/21 at 5:30 pm

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Posted by TigerOnTheMountain

Higher Elevation

Member since Oct 2014

41773 posts

Posted on 2/26/21 at 5:28 pm to stickly

I’ve got quite a bit of hardwood acreage not far from you if you’re still in Asheville and Sunrise Sawmill is practically begging me to cut.

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Posted by Dabico

Baton Rouge

Member since Aug 2019

69 posts

Posted on 2/26/21 at 10:28 pm to stickly

True.. when will the $ to the growers go up?

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Posted by The Goon

Baton Rouge, LA

Member since Nov 2008

1251 posts

Posted on 2/27/21 at 7:47 am to stickly

quote:
It's not Covid related per se. It is a culmination of insanely low interest rates (which means more building), the mills working at full speed (market dynamics/ too little capacity to create framing lumber), and the *invisible force/china* of the market buying up all available supply

Blame Canada, too. To get around import quota restrictions, Canadian timber companies bought mills in the US.

Technology upgrades and mill specs are also killing suppliers as mills are setup for a certain size tree and not purchasing older, larger trees. The WSJ did a great article this past week on the issue.

Lumber Prices Are Soaring. Why Are Tree Growers Miserable?

This post was edited on 2/27/21 at 7:50 am

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