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Posted on 2/26/21 at 11:15 pm to concrete_tiger
quote:
The guys that grow the pine that feeds the mills are getting all-time low rates for their timber. The mills are the only guys making money right now.
Huh? That’s not true at all.
Yes, thats very true. Our prices to mill have dropped this year over 10%. We are getting 25% less than we did 10 years ago. Increased fuel, taxes, permits ,insurance, equipment, and manpower.. timber we paid $12/ton for in 2010 gets $5 today. Hog fuel has gone from $3/ton to you paying us to cut, IF we can find a place to haul.
Posted on 2/26/21 at 11:30 pm to BeerMoney
quote:
Hurricanes and Democrats
What is everything wrong with Louisiana for $200 Alex?
This post was edited on 2/26/21 at 11:31 pm
Posted on 2/27/21 at 6:13 am to geauxskeet
quote:
Yes, thats very true. Our prices to mill have dropped this year over 10%. We are getting 25% less than we did 10 years ago. Increased fuel, taxes, permits ,insurance, equipment, and manpower.. timber we paid $12/ton for in 2010 gets $5 today. Hog fuel has gone from $3/ton to you paying us to cut, IF we can find a place to haul.
Where are you located? In Georgia, here are top bids from sales just recently vs early into Covid.
Pulp: 10.05 vs 12.18/ton
Stringer: 14.50 vs 18.14
Chipnsaw: 17.50 vs 34.18
Saw: 28.50 vs 34.18
And, poles this year at 49.80
Posted on 2/27/21 at 6:35 am to fightin tigers
quote:
Was high as giraffe pussy before the storms
One of the best similes I’ve ever heard. Always appreciate that one.
My deceased dad used to deploy a simile that was more obscure and is my all time favorite. By way of explanation, a block and tackle is two blocks of pulleys with rope. When lifting a load with a block and tackle you run out of lift when the blocks meet. This is called “Two-blocked”.
When it was especially cold my dad would say, “It’s cold enough to two-block the balls on a brass monkey.” Seventeen years after his death I still giggle whenever I think of that one.
Posted on 2/27/21 at 6:45 am to stickly
Can't buy in on zero risk. I can show you thousands of BF of veneer grade oak lying on the ground via Hurricane Zeta. Add in the long term risk from heart rot as well.
Posted on 2/27/21 at 7:06 am to 2Dueces
quote:
quit buying S4S lumber. We’ve
Where would a baw buy a bunch of that around ascension parish? I dont have a problem building everything out of rough cut.
Posted on 2/27/21 at 7:15 am to ELVIS U
ome Depot has better prices
——
Went last week. $10 for a treated 2x4x8. It was 3.25 at this time last year. That’s insane
——
Went last week. $10 for a treated 2x4x8. It was 3.25 at this time last year. That’s insane
Posted on 2/27/21 at 7:17 am to stickly
quote:
WO is currently like $4-5 a BF for flat sawn and walnut is like $7-ish per BF. In 10 years it is going to be twice that.
So he’d do better selling now and investing it in the stock market?
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
Posted on 2/27/21 at 8:24 am to 2Dueces
What are those used for mostly? Commercial construction? Right now the commercial side is way behind residential. Probably why you don’t feel the pinch yet but it will come this summer.
Posted on 2/27/21 at 8:36 am to VA LSU fan
[
This post was edited on 10/26/22 at 11:38 am
Posted on 2/27/21 at 9:17 am to jpcajun
This has been going on since June. Transportation and the mills slowing due to COVID. Prices are up more than a 100% over last year. People keep on building. Low interest rates help.
Posted on 2/27/21 at 9:20 am to 60tiger
So the big question is are you foreseeing it going back down? And if so, when?
Posted on 2/27/21 at 9:28 am to 60tiger
A builder that I talked to a while back said he thought prices would come down over the winter but that didn’t happen.
I really think interest rates are going to impact pricing whether mills of scamming or if there is a real world product logjam creating a shortage.
If there is manipulation with the mills, When cheap money dries up, mills will have to adjust. If there is no manipulation then mills will be able to catch up with the demand.
Either way, I think the impact of cheap money(low interest rates) is perverting the system.
I really think interest rates are going to impact pricing whether mills of scamming or if there is a real world product logjam creating a shortage.
If there is manipulation with the mills, When cheap money dries up, mills will have to adjust. If there is no manipulation then mills will be able to catch up with the demand.
Either way, I think the impact of cheap money(low interest rates) is perverting the system.
Posted on 2/27/21 at 9:30 am to HerkFlyer
quote:
What is everything wrong with Louisiana for $200 Alex?
What a crock of shite.
Posted on 2/27/21 at 9:54 am to SlidellCajun
quote:
A builder that I talked to a while back said he thought prices would come down over the winter but that didn’t happen.
It did around October but if you blinked you missed it. I bought about a million in inventory knowing it wasn’t staying down and knowing the orders I had coming up. . Apparently so did everyone else and it shot right back up. That inventory is gone already.
Posted on 2/27/21 at 10:06 am to concrete_tiger
Posted on 2/27/21 at 10:09 am to Jim Rockford
quote:
You know what else is through the roof? Crawfish prices!
Posted on 2/27/21 at 10:19 am to stickly
quote:
TWIGGS COUNTY, Ga.—The pandemic delivered an unexpected boon to the lumber industry.
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