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Started By
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re: Lumber prices are set for a shakeup with the rollout of new futures contracts
Posted on 9/27/22 at 9:52 am to slutiger5
Posted on 9/27/22 at 9:52 am to slutiger5
quote:
Dirt is used to build things.
Absolutely. Earthwork is often one of the greatest expenses of a roadway project. If a person had a big track of land with IIB3 or better soil they could make a fortune around my area
1
Posted on 9/27/22 at 11:21 am to FredBear
Recently had some timber cut -chip and saw,saw logs and some pulpwood.Got a better price back in 1986.
Posted on 9/27/22 at 11:33 am to stout
So is the price going to continue going down or will this stop it from crashing with the RE market?
Daddy needs a new fence.
Daddy needs a new fence.
Posted on 9/27/22 at 12:07 pm to CatfishJohn
quote:
So is the price going to continue going down or will this stop it from crashing with the RE market?
Yeah, the retail price will keep dropping until it levels out. Futures market almost dipped below $400 yesterday. It was running around $350 (seriously) in the years before 2020 so it should eventually get close to what prices were before.
Posted on 9/27/22 at 12:25 pm to LSUA 75
quote:Add inflation and it’s near worthless.
Recently had some timber cut -chip and saw,saw logs and some pulpwood.Got a better price back in 1986.
Posted on 9/27/22 at 12:28 pm to PeteRose
quote:
I heard sone African prince gave them a loan and they’re back in the game.
I thought it was a hooker.
Posted on 9/27/22 at 12:34 pm to VanRIch
quote:
When the frick is plywood coming down??
Have you priced it lately? Way cheaper than it was last year.
Posted on 9/27/22 at 12:37 pm to DontThreadOnMe
quote:
Wood shouldnt be a commodity any more than dirt is.
You do realize someone has to find the trees, cut them down, transport them, treat them, size them, etc.
You're paying for people who find it and make the wood usable for the modern world, not the existence of wood. People use wood, no one trades it because it exists on its own.
This post was edited on 9/27/22 at 12:39 pm
Posted on 9/27/22 at 12:48 pm to tiggerthetooth
Same could be said about oxygen. But there ain't no oxygen futures.
Posted on 9/27/22 at 12:53 pm to LSUA 75
quote:
Recently had some timber cut -chip and saw,saw logs and some pulpwood.Got a better price back in 1986.
Yep have 70 acres of 15 yr old planted pine. Maybe my grand children can make a few bucks off them one day. Thankfully I bought the place to deer hunt
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