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re: Timber prices? Going up or down?

Posted on 3/9/21 at 10:20 am to
Posted by Jack Daniel
In the bottle
Member since Feb 2013
25541 posts
Posted on 3/9/21 at 10:20 am to
That’s probably not necessarily true for all areas. I’m assuming types of mills and the locations of mills come into play.
Posted by SlidellCajun
Slidell la
Member since May 2019
10501 posts
Posted on 3/9/21 at 12:21 pm to
quote:

That’s probably not necessarily true for all areas. I’m assuming types of mills and the locations of mills come into play.


I’m told that the mills that are running are at full capacity and thus, it’s sellers market for lumber. On the buy side, they get the timber for cheap so they’re just making a killing right now.

Not to worry though. Builders are starting to buy these mini mills and process their own lumber for their projects. Takes some time to work through (drying the wood) but eventually it’ll be money well spent.
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