(800) 853-2651
SHOP NOW

Lumber prices

They are stocked with high priced lumber. Give it a while to work through the inventory. Are your numbers off the futures market?

Vito
 
The local SPI mill isn't buying any outside logs. They have enough fire charred land to log for the next 2 years. They are running 6 days a week, flying workers in from the neighboring state and flying them back every Friday night in corporate jets. Now that's desperate.
 
They paid a fortune for the inventory, now it's a game of chicken between the small local yards and the big chains. The little guys are hoping they can burn through some of this inventory before they loose their backsides trying to compete when the big guys drop prices.
 
It's the opposite here. The only small lumberyard around bought only what they just had to have while the prices were up. Lowe's bought everything they could and their yard is slam full. I think Lowe's is going to take a major hit before they get rid of all that lumber. It won't surprise me if they start having to close stores again.
 
If I was a small operator, I would be seeking it at cost now and taking the lumps since pretty soon you'll be losing money if the big boys drop their price.
 
Earlier this year they sold the lumber they bought cheap for stupid high prices. They will be just fine.....
 
John,
Would you lower prices and take a loss on your higher price inventory?

This could put the small lumber yards in a world of hurt.

Could also put the hurts to someone who bought a hole house package at inflated prices.

I hope we don't see another 2008 bubble.

I'm glad I don't have plans to build anything
 
I'm done buying treated
cvphoto94913.jpg

deck boards. These boards are 9 years old.

I have deck boards I installed in 1995 are still in great shape.

I'll buy man made decking if I have to repair decks.

Two 2x6x18 foot deck on 9 years old trailers, don't look good..
Where am I going to find 2 straight 18 ft quality 2x6s
cvphoto94916.jpg


I think I might sell trailer and buy one with metal decking.
 
Ya know when lumber prices are high is when ya see two guys in a pick up go past the house and the guy riding is holding and assault rifle going from Homer depot .
 
Now I wonder if and when gasoline and groceries will return to their late 2020 prices ?? Last fall I bought gas for $1.59 yesterday it was $3.21.......

Best wishes everyone, I hope and pray for an end to the border crisis and rising crime and murder in big cities..

John T
 
Depends on what the profit margin was on the stuff they bought and sold earlier vs the loss on what they bought high. If it was equal, yes, no problem over the fiscal year, but if the loss is greater than the profit, they're in trouble.
 
Kevin;

The problem is it took 7 months for the price to go from the bottom to the top.
Ample time for prices to adjust between wholesale and retail when you consider it went from the top to the bottom in less than 2 months.

I have seen some big national companies go under or get bought out for pennies on the dollar because of big price swings like lumber has done over the past year. Flying J truck stops was one of them when high fuel prices plummeted 10 or so years ago.



cvphoto94935.png
 
If you were selling lumber and could sell all you could get at that price would you come down on the price. It's only when they have to start competing with each other the price will come down.
 
Yes, the murder rate is up for some unexplained reason, but other crimes against property are falling. I lived and worked in both NY city and LA in the 1980-90 period. Adding some facts puts it in prospective.

New York City saw more than 2,200 killings in a single year in 1990, compared with 468 last year according to city data, a nearly 80% decrease. Los Angeles saw more than 1,000 homicides a year in the early 1990s, but fewer than 350 last year.

That is a part of the good old days I do not wish to go back to. I try not to have a rose colored memory.

Thanks posters for adding some facts to the lumber price discussion.
 
Good morning Sir. You state 'Yes, the murder rate is up for some unexplained reason,'

Ive heard different reasons and theories for why the murder rate is up, but have no proof nor am I saying or blaming anyone regarding such a complex problem BUT I DO HOPE THE PROBLEM IS REDUCED REGARDLESS !!!!! Id love for days new or old or more recent when it wasn't so bad as it is now grrrrrrrr I pity all the victims families, especially the young........

Best wishes, thanks for sharing, you take care now G _ _ Bless and have a nice Sunday

John T Happy Camper, be safe be kind everyone
 
Looking back, the events of 2020 sort of foretold this situation. We bed our race horses at the track on wood shavings. I buy a dump truck load every month. During the worst of the shutdown, we could not buy, beg, or steal a load of needed shavings because the saw mills were completely shut down. If that was true in other regions, the pipeline was slowly being emptied nationwide. Then building construction restarted, but it has taken several months to rebuild the lumber inventory. Now I get a call every week asking if I need another load of shavings. Saw Mills are apparently running flat out, and shavings are in abundance. Seems the lumber supply is catching up pretty fast as well.
 
All the boards are 18 footers. I'll sell it before I splice boards.
Think I may remove bad boards and put it near edge of trailer where there is nothing. I only haul tractors. Get the bad boards away from wheels.

Point remains, Treated lumber is crap in 9 years .

I have a bridge I made in 1996 still in great shape. A deck made in 1998, still good.
Last fall a deck I made in 2003 need replaced. I went to Lowes to get twenty 10 footers. Menards was out. Lowes loaded 20 boards on my truck. I could only use 7 of the 20. Replaced the worst 7 on deck. Returned the 13 junk ones. That's the final straw for me. No more crappie treated deck boards.
 
="Geo-TH,In"](reply to post at 18:07:46 07/18/21)
Click to expand...

Go to a lumber yard that deals a lot of marine grade treated lumber.
It won't be a big box store but a real lumber yard catering to contractors and dock builders.

The marine grade treated is the good stuff of years ago.
 

Geo, I'm sure you know this, but there are different grades, really levels of treatment, for treated lumber. Look for a label or stamp on the board stating the level. The good stuff won't be available at the typical chain store, Menards, Lowes etc. they cater to folks building stuff above ground. What works best for me is rated for ground contact.

Here is a link to a good article on the subject. https://plasticinehouse.com/pressure-treated-lumber-grades/
skip down to the Types of PT wood.


I also treat my trailer decks with a supplemental wash of CWF by Flood company every year of two. That helps with water absorption. I just replaced two boards that broke on mine, but they are well over 20 years old and had a knot defect at the location of the break, not rot.
 
For couple of months now, near my field office is a very busy rail line, all freight. Trains go by all day long. Most trains have lumber cars and I count 15 + or - open type cars of lumber in any given train. Now, I forget how many trailer loads each car held, at least 3. In the distant past I worked for a lumber yard and when they bought car loads, we'd get 2-3 cars of framing lumber on the open cars and at least one enclosed car of plywood which was packed full. It was a lot of hauling back to the yard. I'd bring the big forklift we had over and leave it until we were done. I'd park it with the forks pressed down onto the rough cut spruce dunnage that came with each car, then get it later with my truck.

Sure seems to be a lot of stock moving consistently lately.
 
I went to menards today for a couple of 1x8, 8 footers. I asked for the cheapest they had. Pressure treated were cheaper than pine boards.
 
Well John, that's Marketing/Economics 101: Create a crisis if one doesn't occur normally. Use the excuse to jack the price. Ignore the dips. I was in Economics 101 and my first distaste for the class was the prof. said that when consumption goes up you raise the price. I grew up in an atmosphere where volume sales resulted in lower prices since marketing expenses were spread over a larger area. I think I pulled a C out of the course due to lack of interest and doubting the intelligence of the prof!
 
(quoted from post at 11:29:05 07/18/21) Yes, the murder rate is up for some unexplained reason, but other crimes against property are falling. I lived and worked in both NY city and LA in the 1980-90 period. Adding some facts puts it in prospective.

New York City saw more than 2,200 killings in a single year in 1990, compared with 468 last year according to city data, a nearly 80% decrease. Los Angeles saw more than 1,000 homicides a year in the early 1990s, but fewer than 350 last year.

That is a part of the good old days I do not wish to go back to. I try not to have a rose colored memory.

Thanks posters for adding some facts to the lumber price discussion.
Click to expand...

The record murder numbers in NYC in 90 were at the height of the crack epidemic under Dinkins. Gulliani came in, started getting tough on crime and letting cops do their jobs and crime of all types fell like a rock. Today you have Comrade Deblasio and company and Cuomos no bail crap. The rise in murder is not explainable, not one little bit!
 
(quoted from post at 06:57:30 07/20/21) Well John, that's Marketing/Economics 101: Create a crisis if one doesn't occur normally. Use the excuse to jack the price. Ignore the dips. I was in Economics 101 and my first distaste for the class was the prof. said that when consumption goes up you raise the price. I grew up in an atmosphere where volume sales resulted in lower prices since marketing expenses were spread over a larger area. I think I pulled a C out of the course due to lack of interest and doubting the intelligence of the prof!
Click to expand...

Hello Texasmark. Your old professor was operating under the axiom of "Get rich quick and don't worry about ethics, fairness, and all the suckers you can find to buy your product once you get them hooked". He probably quoted P. T. Barnum as well "There's a sucker born every minute".
 
It's the way capitalism works. Consumption goes up, it creates demand, prices increase. We see it in all commodities, grain ,oil, lumber,
etc. It works the other way, too. Produce too much and prices go down.

If one thinks that's not fair, ethical, etc. there are other nations that don't operate under that system... China, the former USSR, North
Korea, etc. Check 'em out!
 
Profits attract competitors and that competition for sales is what forces prices lower. I forget the proper term, but the first one in a new market usually had the highest profits and name recognition, until someone else becomes a more efficient producer and can undercut prices.
 
Drug pricing seems to follow the no-competition rules. I checked on 2x12x18 ground-contact treated at my local large lumber yard/building supplier today; 95.00 or so a couple of months ago, now down to 90.00. I may be able to do more work on my barn horse stalls in three or four months! zuhnc
 
(quoted from post at 15:46:43 07/17/21) Now someone just needs to tell the local retail lumber yards.
They do not seem to have gotten the memo in my area.
Click to expand...

They have all that stock they bought at the high prices. If they sell at current market value they will lose their shirt.

Neighbor is a builder and he was telling how the yards are all crying now because they have to lower prices and are going broke because they bought everything when prices were at their peak.
 
(quoted from post at 05:33:19 07/20/21)
(quoted from post at 11:29:05 07/18/21) Yes, the murder rate is up for some unexplained reason, but other crimes against property are falling. I lived and worked in both NY city and LA in the 1980-90 period. Adding some facts puts it in prospective.

New York City saw more than 2,200 killings in a single year in 1990, compared with 468 last year according to city data, a nearly 80% decrease. Los Angeles saw more than 1,000 homicides a year in the early 1990s, but fewer than 350 last year.

That is a part of the good old days I do not wish to go back to. I try not to have a rose colored memory.

Thanks posters for adding some facts to the lumber price discussion.
Click to expand...

The record murder numbers in NYC in 90 were at the height of the crack epidemic under Dinkins. Gulliani came in, started getting tough on crime and letting cops do their jobs and crime of all types fell like a rock. Today you have Comrade Deblasio and company and Cuomos no bail crap. The rise in murder is not explainable, not one little bit!
Click to expand...

There was that little thing last year where everyone was told to stay home. When you stay home you aren't around people who tick you off. When you aren't around people who tick you off you don't kill them.

So as soon as the restrictions are lifted everyone ran right out and started hanging around with people that tick them off.
 
(quoted from post at 04:10:56 07/21/21)
(quoted from post at 15:46:43 07/17/21) Now someone just needs to tell the local retail lumber yards.
They do not seem to have gotten the memo in my area.
Click to expand...

They have all that stock they bought at the high prices. If they sell at current market value they will lose their shirt.

Neighbor is a builder and he was telling how the yards are all crying now because they have to lower prices and are going broke because they bought everything when prices were at their peak.
Click to expand...
Yeah, but those yards were happy to sell at double what they paid for lumber when this mess all started. They made out like bandits then. So if they loose now, it may just even em out.'

Gene
 

Went to a local building supply place the other day for some 10/2 wire. 25 feet- $89.95!!!!!! They don't make a jar of vaseline big enough for me to stand for that!
 
You must log in or register to reply here.

Similar threads

W
Owatonna / Mustang 770 wheel loader weak hydrostatic drive
2
Replies
35
Views
893
DoubleO7
DoubleO7
A
Anhydrous Ammonia prices
Replies
16
Views
2K
fixerupper
F
Hemmjo
Battery Chainsaw vs Reciprocating saw
2
Replies
32
Views
2K
Fixingfarmer
Fixingfarmer
Y
1974 Ford 2000 Series Tractor - high pressure hydraulic line bracket?
Replies
12
Views
369
Mike(NEOhio)
M
M
Can finally talk of it. Longish.
2 3
Replies
45
Views
3K
Tgrasher
Tgrasher
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