(800) 853-2651
SHOP NOW

Anyone bought any lumber lately?

P

Philip d

Well-known Member
I havent but have heard lots of stories as of late. Someone
local posted on social media a receipt for 4 eight foot 2x4s
and 2 ten footers and his bill was $75. Ive been hearing three
quarter sheets of plywood just shy of a hundred dollars and
gyprock cant be found anywhere. Any guesses how close to
normal and when the prices might come back down? Are mills
closed down or running at reduced capacity or is the demand
just way above normal and normal supply cant keep up? A
local NewHolland dealer had a nice lineup of new tractors all
winter now theyre all gone and they said itll be March at the
earliest before any more arrive. I think this is a great time to
stop take a deep breath and be thankful for what we do have
and many folks will need to learn to repair what they cant
replace. Appliances in this area are a minimum 6 month wait
as well.
 
I was pricing plywood and osb for my butcher room. A few months ago it was going to cost around $200. Now when I priced it I came up with over $800. The whole world has gone crazy!
 
mvphoto74132.jpg
 
Yes, everything about the building industry has gone extremely high priced, or not even available at all. In MN, new vehicles are the same situation. Can not find a new HD pickup, good used are very hard to find and expensive if you do. I was talking with the owner of a three generation Chevrolet dealer in a mid sized town yesterday. He said they like to have a minimum of 70 new vehicles on their lot, try for 80, and have had as many as 100 many times over the years they have been in business. As of yesterday, they had 5. Doubts they will have any within a week, and no answers as to when they will get more! He said his inventory is comparable to what his grandpa had when he operated the dealership during the Great Depression of the 1930s. New HD trucks are at least a year out on building if ordered now, no guarantee what price will be when it comes and you take delivery of it. I was planning to buy my first new truck this spring, but not with these conditions!
 
Morning: Its about the same here, $8+ for 2 x 4, portland cement $20 a bag, plywood tripled for sure in all quantity and quality sizes, but drive 20 miles and the same bag of portland is going for $ 16....and the same brand of of H--e Hardware.
And to make a person wonder i had questions of what i would charge for a 2 x 4 x 8[pine], as the other guy is charging $5, and its a small barn and don't want to get in to deep for what it is, and, its getting hotter and its for the little girls playhouse, told two of them if they help and carry slabs away, the price was $4...never heard another word, and don't expect to eithe...:)
Make sure you take either an apple or coffee to class for the teacher...:)
will give you a shout next weekend.
 
We could talk about U.S. mills shut down.
We could talk about Canada cutting the Annual Allowable Cut because of the Mountain Pine Beetle causing us to find other sources of lumber.
But that does nothing to explain the price increase of sheetrock and other things like toilets.

I'm thinking 2% interest rates and the government pumping trillions of dollars into the economy have more to do with lumber prices than the real cost of lumber products.
Lumber trading price has gone from $319.70 in 4/2020 to $1372.50 in 4/2021 and that has done nothing to slow new home building.
They can not build new homes fast enough around me.
New subdivisions popping up everywhere.

Let the feds raise interest rates and watch how fast lumber prices fall.
And I don't think that is likely to happen in the near future.
 
From what Ive observed its NOT ONLY LUMBER that has risen, looks like the cost of living and much other including gasoline has risen sharply the past few months grrrrrrrrrrr

John T
 
I get supply and demand, but I know for a fact that as lumber and OSB go, that money is not being passed down to loggers. My uncle said the sawmill just lowered the price for pine. Also, I believe the tariff on lumber from canada is high so they don't ship much in. The big operations making money not the average Joe. Good old USA economics...
 
Prices will stay where they are as long as there is a steady flow of customers to pay it. It shocks me that so many people can afford a multiple increase in a product such as lumber. Makes me wonder where all the money is coming from. I certainly do not see it in my community. Yes, minimum wage has gone up in the last few decades but so has the price of a pickup or a week's worth of groceries. They used to talk as to how indebted most people were decades ago. Did these same people take on more debt or magically get out from under their debt? I think that a day of recongning is coming very soon. They can talk about how job numbers have improved but the economy is far from being alright in my mind.
 
Bingo, John T and John in La.

Inflation has returned since November and it is going to get much worse.

Dean
 
Friday we were getting things ready in the corrals so we could process our cows and calves before turning them out to the hayfield.

Needed to add a 10 foot gate to one pen to simplify movement.

After cutting out 5 pieces of 2x8 10 foot long I carefully stacked them on the truck for safe keeping.

Crazy to think those 5 pieces are worth double what I paid for the 10 foot steel panel I was putting in (used from farm sale)
 
Was returning from Columbia SC to west Atlanta a
few weeks back. Seemed every third freight flat bed
truck was hauling lumber. Really made we wonder about
these lumber prices. Also the diesel prices to do
this. Most were independent haulers if I remember
correctly with regional locations on the door.
Good luck to all, gajack
 
I read an article that housing market it very hot. More buyers and not enough houses.
Building permits are up 12%. Some say that's the reason why we have a lumber shortage.
One guy in my hood started construction. Walls are up and construction is on hold.
Everything has gone up. I recently priced 12 2 g romex. I didn't buy it, instead I used some 10g wire I had left over from another job.

Last year I needed to repair a deck. 12 ft deck boards were $13 each plus tax and they were crap. I remember paying less than half that amount.

Demand is up, supply is down.
I have no plans to build anything unless I use my recycled lumber.

I'm very glad I built pole barn in 2019. The price of my pole barn would be up 30% mostly because of the price of lumber.
geo.
 
I'll say one thing for you Dean, you never give up. Actually, the inflation rate increase has been happening longer than the last six months ..... way back to last spring actually (and over the past few years). Hmmmm, do you think the pandemic might have just a wee bit to do with it lately? Perhaps you hadn't noticed, although so many of us think we are the center of the universe, it's a global phenomenon and not just in our back yards. Funny thing, same thing has happened in Canada and nothing significant happened last November.
 
I'm in the construction business and because of material costs I've quit bidding jobs including materials. I give them a price for labor plus what ever the materials come to. I was in Lowe's Friday and saw a rack with 16' 2x6's for $26.00 each. Not all materials have gone up though. 27 years ago I was buying a lot of cinder blocks and they were running 1.19 ea. On Friday they were running 1.59.
 
As to your NH dealer those tractors were most likely pre-sold when they came in. The area dealers here make arrangement with a customer in that once a unit comes in that it may go out front for a display for a limited amount of time but is sold to that customer nonetheless. Compact tractors will run a little different in terms of unsold stock but the larger farm tractors will be sold. I got that from the green, red, and blue dealers here. A far cry from a couple of generations ago when a block man would hound a dealer to load up on unsold goods.
 
I count myself lucky....I just bought 12-2 NMB for $95 (250') and 250' of 12-3 NMB for $109....Local Orshclens wanted $180 for the 12-3...Local Amish Lumber yard seems to be able to still get good prices on things, while English places are finding it hard to stock much at all.

2x4x8 OSB is $44 at the local city yard, they still have it for $25...
Also, I live in an area with several Amish saw mills. Just bought 5 2x12x8 for $3 each. One also owns a Kiln, so drying them is easy/cheap.
 

cvphoto86176.jpg


cvphoto86177.jpg


Penciled in prices are todays price. Slip is from Apr 16, 2020.

I find it interesting that a white or green 2x6 is the same price today.

Anybody remember 2008? OSB was $30/sheet and gas was $4-5/gal.
 
Lumber prices up 200% in the last 12 months right a long with the higher deficit spending with the shut down,big problem is supposedly the economy is coming back but the deficit spending is being increased,consumer credit debt way up.All adds up to massive inflation.
 
AMEN Dean, for sure lumber gas and much else has risen rapidly lately and the Govt. is printing money like a drunken sailor can impact the situation grrrrrrrr

Take care best wishes now

John T
 
Listening to a home builder/remodel guy on the radio yesterday and he said, lumber cost has gone up 200% in the last 4 months. I was going to build a new deer stand, while the weather was cool, and there was a limited amount of material available. Spending going crazy and printing more money, costs are going to continue to rise.
 
Hey there Farmer, you post consumer credit debt way up

There's not many advantages to growing old but NOT having to borrow anymore feels great to me lol That ONLY comes after a lifetime of work and saving but unfortunately our kids and grandkids will be left to pay the debt of Govt spending and printing money DRATS lol

Take care God Bless n best wishes now

John T Also a traditional kind of guy
 
Our daughter had a large deck built on the back of her house last summer. It figured to $12 per square foot at the time.

The fellow who built it is a childhood friend who is now an industrial arts teacher and does decks over the summer. He told her a few days ago that her deck would be $25 per square foot now.

He does have a few lined up for the coming summer.
 
It is unbelieveable the amount of construction is going on in the Black Hills of South Dakota. Its a lot of out of state people looking to move here and some locals. The Spearfish paper had an article last week on housing developments in the area and it ranged from 6 lots to 76 lots. I know of one plan of around 100 between Sturgis and Rapid City within the next 5-10 years. A local builder of log homes is about 3 1/2 years out on construction his FIL told me last week.
 
Last year i was going to do some needed repair work to my old garage here at the house , I needed 32 2x4x8's one 18 foot 2x6x18 and 2 2x4x18's . My first problem was i would need a little help here to haul them since my truck is down an everybody was busy and could not help out that day . A 2x4x8 was 2.39 , three weeks later they were now 4.69 them 6.78 and i said screw this And have not looked since . Well the garage still needs fixen and now what i am going to do is call down to a lumber mill where i buy my wood for my wood working projects and they custom saw and dry and are or have always been reasonable and have them cut me some green popular and i will move my planer up out side and mill them to what i want . My buddy just finished up a residing of his old 1863 bank barn with all new popular with slats and it took three trips with his one ton and 28 foot trailer to get it all hauled with a partial of some fine red oakand some kiln dried popular for me for me on the last load It cost him around 3600 for a BIG old barn to reside I only spent 75 on what i got and that was a 1/4 of a pick up load of nice 14 inch wide x10 8/4 red oak and 20 8x14 5/4 popular . I think the girl down there really likes me . Oh i forgot to say he supplied Some of the logs and he took down several white oak here a couple months ago due to the fact the 1066 went thru the floor so now all new beams and floor , Kept telling him that one day the 10 was going to go thru sagged bad enough with just my 806 on it
 
In December my son and I ordered a portable band sawmill. Two reasons, we had projects to do but lumber prices were on the rise, and our area has an unlimited amount of down timber from last year's storm that can be harvested for free. We milled a bunch of dry trees and light poles, more than enough to frame up a pole building to cover the sawmill. Now waiting on tin to arrive to complete it. At today's lumber prices the mill is already paid for. Sure its a lot of work to mill lumber, but it has been a lot of fun too. Also learned a lot about wood I didn't know. Have a pile of green hickory and ash stacked for drying, and a huge pile of scrap for firewood.
 
my son in law works for a big gypsum board manufacturer in Ontario Canada
he said their customers are ordering board a year ahead of time , they are running flat out , cannot make it fast enough , no idea what they are charging, but am sure it is fair ( or plus ) market value did read an article that said here ( Ontario ) that the rise n construction materials has added $ 30 K to the price of a house , but since every house seems to sell for way over asking , not real sure when or if the bubble bursts , but that is the way things are going
bob
 
You can't dump 5 trillion dollars into the economy in one year and not get some inflation. In a year these prices will look like the good old days,
 
Anyone bought any gas lately, is another question. Seams the price increases are happening in the last few months. Stan
 
Wait, what?? You milled enough lumber to build a shed to cover the mill? So it's already paid for itself? Sounds a lot like keeping the horse to haul the horse manure.
 
Was chatting at my local gathering spot last Thursday about new home construction and a fellow put it in perspective. Lumber adding say, 15 or %20 to a new house sounds like a lot. But, if you're building a $400,000 home another $15 or $20 added to your monthly house payment over your 30 year mortgage to pay for lumber isn't going to slow anyone down from building.
 
Makes me wonder where all the money is coming from.
Really? Where have you been the last year. Every other month I go out to the mailbox and there is a check from the govt.
 
Just built a wheelchair ramp for some people in need and 3/4 treated plywood was $62 a sheet but it looked awful places where it was coming apart bad k it's everywhere and this is a place that always had good lumber compared to home depot or lowes
 
Just had my builder buy me 2x6x10's for my new shop ceiling joists which were not in his quote. $23 and change-for one!! I couldn't fathom (or afford) the 3/4 CDX to cover them for an upstairs loft. 640 sq. ft. for $3400. Of course, my new neighbors fleeing the west coast into Idaho don't seem to have a problem paying for them.
 
The theory that if its happening under the last guy its ok for it to happen with the current guy? Interesting. Almost like go ahead jump into the lake, its ok, because my friend did it. I agree with 986, there will be a financial reckoning eventually, it will make the 2008 crash seem very small.
 
You must log in or register to reply here.
Tractor Parts Tractor Manuals

We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today.

Copyright © 1997-2024 Yesterday's Tractor Co.

All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters
Website Accessibility Policy

Back
Top