Posted by
Message
SirWinston
LSU Fan
PNW
Member since Jul 2014
59372 posts

re: Rising lumber prices (what’s next and who’s to blame?)
If we wanted to invest to capitalize in this which companies or funds would you recommend for steel / other materials or is it too late?


White Bear
USA Fan
NWLA
Member since Jul 2014
7666 posts

re: Rising lumber prices (what’s next and who’s to blame?)
I think the lack of mills, huge demand at retail, and the vertically-integrated timber co's are reaping the higher profits from their company-owned lands.


Replies (0)
Replies (0)
10
3nOut
Texas A&M Fan
Central Texas, TX
Member since Jan 2013
19335 posts

re: Rising lumber prices (what’s next and who’s to blame?)
quote:

I’d you own over 100k acres of timber, some major corporations will pay you NOT to cut to offset their climate impact and so they can receive a tax credit. True story.




my FiL is paid 10ks a year to not grow on CRP land for the sake of flooding and climate reasons. he usually just uses that check to cover for his property taxes.


Replies (0)
Replies (0)
00
The Levee
LSU Fan
Bat Country
Member since Feb 2006
7908 posts

re: Rising lumber prices (what’s next and who’s to blame?)
quote:

Believe me, I'm well aware. ESG-related income streams, like carbon credit sales, mitigation banking, and conservation easements have been one of the few bright spots within the institutional timberland space recently.


You think this is an option for 700 acres? I need help!


The Levee
LSU Fan
Bat Country
Member since Feb 2006
7908 posts

re: Rising lumber prices (what’s next and who’s to blame?)
quote:


If we wanted to invest to capitalize in this which companies or funds would you recommend for steel / other materials or is it too late?



US Steel


Replies (0)
Replies (0)
00
TheRouxGuru
US Army Fan
Member since Nov 2019
2104 posts

re: Rising lumber prices (what’s next and who’s to blame?)
quote:

For materials and you build or someone else?


Someone else


Diamondawg
Mississippi St. Fan
Mississippi
Member since Oct 2006
22401 posts
 Online 

re: Rising lumber prices (what’s next and who’s to blame?)
quote:

Someone else

It's been $15 plus per foot forever.


Replies (0)
Replies (0)
00
David_DJS
Member since Aug 2005
3692 posts
 Online 

re: Rising lumber prices (what’s next and who’s to blame?)
quote:

i realize that makes me not pure free market, but i do have some morals from my faith that override my politics.

And we don't have a free market -


Replies (0)
Replies (0)
00
concrete_tiger
Member since May 2020
1311 posts

re: Rising lumber prices (what’s next and who’s to blame?)
quote:

You think this is an option for 700 acres? I need help!



Find an accountant that handles books for property owners. My brother does this in GA, there are a ton of tricks of the trade. Conservation easements, etc etc


DumpsterFire
Arkansas Fan
Member since Sep 2012
1399 posts
 Online 

re: Rising lumber prices (what’s next and who’s to blame?)
quote:

he specifically said he's not in favor of government regulation.

personally, i'm really against government regulation as well, but sometimes the market is gonna asshoe. the only reason i ever want the government to intervene when it's obvious that actors are going to take advantage of people.

i don't want any laws against payday loans, but people keep exploiting people with payday loan shops, so i'm not that mad about laws existing.

i realize that makes me not pure free market, but i do have some morals from my faith that override my politics.



There are no actors taking advantage of people. No one is forcing people to build a house, remodel, or put up a privacy fence. If the price of lumber is too high, then just don't buy it. If enough people are un-willing to pay the price, then the price will fall until the point that people are willing to pay it. People can stomach a price increase in lumber more than they can some other commodities because they can mortgage the cost of that lumber over the course of 30 years for 2.5%.

If the major lumber players were scheming to constrict supply in an effort to drive high prices, then that would be highly illegal and those companies would be punished. That is absolutely not the case though. Management at any company that is constricting production right now would get run out of their jobs due to the enormous amount of money they would be forfeiting.

A little over a year ago, the price of lumber was $250/mbf because no one really wanted it. I didn't see people getting on message boards to talk about the grave injustice being done to lumber mills who were hemorrhaging money at those prices.


TD SponsorTD Fan
USA
Member since 2001
Thank you for supporting our sponsors
Advertisement
RobbBobb
Matt Flynn, BCS MVP
Member since Feb 2007
20645 posts

re: Rising lumber prices (what’s next and who’s to blame?)
When Trump busted the Canadians on trade, they started sitting on their American sawmills.

Here’s a list of the U.S. mills now owned by Canadian companies:, You do the math:

West Fraser
Maplesville, Alabama
Opelka, Alabama
Huttig, Arkansas
Leola, Arkansas
Mansfield, Arkansas
Russellville, Arkansas
McDavid, Florida
Perry, Florida
Lake Butler, Florida
Maxville, Florida
Whitehouse, Florida
Blackshear, Georgia
Firzgerald, Georgia
Dudley, Georgia
Augusta, Georgia
Joyce, Louisiana
Armour, North Carolina
Seaboard, North Carolina
Newberry, South Carolina
Henderson, Texas
New Boston, Texas

Interfor
Monticello, Arkansas
Georgetown, South Carolina
Meldrim , Georgia
Baxley, Georgia
Swainsboro, Georgia
Preston, Georgia
Eatonton, Georgia
Perry, Georgia
Thomaston, Georgia
Port Angeles, Washington
Longview, Washington
Sumas, Washington
Molalla, Oregon
Gilchrist, Oregon

Canfor
Fulton, Alabama
Jackson, Alabama
Mobile, Alabama
El Dorado, Arkansas
Moultrie, Georgia
Thomasville, Georgia
Hermanville, Mississippi
Graham , North Carolina
Camden, North Carolina
Conway, South Carolina
Darlington, South Carolina
Marion, South Carolina

Western Forest Products
Arlington, Washington


White Bear
USA Fan
NWLA
Member since Jul 2014
7666 posts

re: Rising lumber prices (what’s next and who’s to blame?)
quote:

You think this is an option for 700 acres? I need help!
. It’s an option but will remove your land from commerce, generally. Just wait until more and more ag and timberland gets locked up in some bull shite save the planet government program- that is when lumber, food, etc will get really expensive.


Replies (0)
Replies (0)
00
The Levee
LSU Fan
Bat Country
Member since Feb 2006
7908 posts

re: Rising lumber prices (what’s next and who’s to blame?)
quote:

If we wanted to invest to capitalize in this which companies or funds would you recommend for steel / other materials or is it too late?


US Steel and NUCOR are both at 52 week highs.


Replies (0)
Replies (0)
00
White Bear
USA Fan
NWLA
Member since Jul 2014
7666 posts

re: Rising lumber prices (what’s next and who’s to blame?)
quote:

A little over a year ago, the price of lumber was $250/mbf because no one really wanted it. I didn't see people getting on message boards to talk about the grave injustice being done to lumber mills who were hemorrhaging money at those prices.

. A few of us have mentioned low log prices, they’re still low.


Replies (0)
Replies (0)
00
TigerAxeOK
USA Fan
Somewhere near Midgar.
Member since Dec 2016
14778 posts

re: Rising lumber prices (what’s next and who’s to blame?)
Yeah I had about 120 feet of 6' privacy fence boards to replace before lumber skyrocketed. frick all that now, gonna have to wait.


The Levee
LSU Fan
Bat Country
Member since Feb 2006
7908 posts

re: Rising lumber prices (what’s next and who’s to blame?)
quote:



Find an accountant that handles books for property owners. My brother does this in GA, there are a ton of tricks of the trade. Conservation easements, etc etc



Any recommendations for Mississippi?


concrete_tiger
Member since May 2020
1311 posts

re: Rising lumber prices (what’s next and who’s to blame?)
quote:

Any recommendations for Mississippi?


Unfortunately, we are in GA. Hopefully someone here can help!


Replies (0)
Replies (0)
00
ApexTiger
LSU Fan
cary nc
Member since Oct 2003
48102 posts

re: Rising lumber prices (what’s next and who’s to blame?)
Lumber was way up last year...

So not really on Biden


Replies (0)
Replies (0)
11
The Goon
LSU Fan
Baton Rouge, LA
Member since Nov 2008
839 posts

re: Rising lumber prices (what’s next and who’s to blame?)
quote:

When Trump busted the Canadians on trade, they started sitting on their American sawmills.


This started before Trump. For years the Canadians could not export enough lumber into the US market. To get around this, they invested in US lumber mills. Canada is one of the few regions that actually invested in lumber mills post 2008 housing collapse.

Lumber mills are setup to take an average size tree diameter to minimize scrap. The older pine is too large for the mills and unable to be processed. That is why there is a pine glut right now.


Replies (0)
Replies (0)
00
Willie Stroker
US Space Force Fan
Member since Sep 2008
7943 posts

re: Rising lumber prices (what’s next and who’s to blame?)
quote:


I got my chips on:
1. Trump
2. Systemic racism
3. Capitalism

You left off 4. Climate change


Replies (0)
Replies (0)
00
first pageprev pagePage 4 of 6next pagelast page

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram