Posted by john in la on July 18, 2021 at 06:07:23 from (97.80.71.85):
In Reply to: Re: Lumber prices posted by grandpa Love on July 17, 2021 at 19:01:34:
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.
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