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re: Lumber prices

Posted on 4/27/21 at 6:53 pm to
Posted by Drunken Crawfish
Member since Apr 2017
3845 posts
Posted on 4/27/21 at 6:53 pm to
Nope. $1263/kbf today. They are down from the all time high but creeping up. It should start dropping at some point in the year but won’t be back to pre-Covid levels in a while, maybe ever.
Posted by TDTOM
Member since Jan 2021
17483 posts
Posted on 4/27/21 at 8:29 pm to
I have so much stuff that I want to build around the house, but choose not to due to the prices.
Posted by bayouh2o
Arizona
Member since Sep 2006
914 posts
Posted on 4/28/21 at 8:10 am to
quote:

Nope. $1263/kbf today. They are down from the all time high but creeping up.



Just out if curiosity, what were the ‘normal’ prices pre COVID?
Posted by southern686
Narnia
Member since Nov 2015
910 posts
Posted on 4/28/21 at 8:33 am to
quote:

won’t be back to pre-Covid levels in a while, maybe ever.


I tend to agree. People are still buying at the price it is now and will continue to.
Posted by sleepytime
Member since Feb 2014
3627 posts
Posted on 4/30/21 at 7:30 pm to
It was up to $1502/kbf today. September futures are at $1090 so the market is betting on lower prices. I may sell a few futures contracts if it gets much higher but don’t want a margin call if things go haywire.
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