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re: Will lumber prices go down by years end?

Posted on 5/17/21 at 11:19 am to
Posted by SlidellCajun
Slidell la
Member since May 2019
10639 posts
Posted on 5/17/21 at 11:19 am to
quote:

Maybe if the fed would stop buying 20-30bn weekly in MBS and Treasuries.


Icymi, congress is looking to put the clamps down on the lumber shortage by lowering tariffs on Canadian lumber and maybe even looking into collusion amongst the US mills

This post was edited on 5/17/21 at 1:31 pm
Posted by Art Vandelay
LOUISIANA
Member since Sep 2005
10730 posts
Posted on 5/17/21 at 12:08 pm to
Mills seem to be catching up. Biggest issue now is getting trucks.
Posted by SlidellCajun
Slidell la
Member since May 2019
10639 posts
Posted on 5/17/21 at 1:33 pm to
Whoa

Price just tanked 15% today alone!

It was 1680 last week
Now down to 1350



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