EP 133: Lumber Lows: Inflection Points, Mills Uncertainty, and Timber Tactics in a Shaky Market

Join hosts Matt, Gregg, Ashley, and Charles for Episode #133 of "The Lumber Word" Podcast, your weekly deep dive into the wild world of lumber markets. This episode unpacks the latest cash and futures trends, explores key inflection points amid truckers scrambling for orders, and mills in Canada and the US starting to look for real orders.

We debate why raising prices doesn't always mean buyers bite, how CVD/AD duties are baked into costs, and the curious pull-up of species prices in a vacuum. Plus, insights on SYP's potential sell-off, Canadian production costs hitting $700 US in Chicago, CME basis adjustments, and testing channel bottoms. Is Hem-Fir the new CME basis that traders will look at since it can be delivered? We discuss potential curtailment announcement risks, deep discounts on truck orders from the secondary market, fading demand despite rate drop discussion, undervalued gems like 2x12 coastal and Green DF items, big boxes shifting to SYP premiums, seasonal weakness ahead, buyer/seller strategies, and finally selling those FJs at a premium. Whether you're buying, selling, or just timber-curious, this episode delivers the unvarnished truth on lumber's twists and
turns!

Show Contacts:

Gregg Riley: Gregg@sitkainc.com

Charles DeLaTorre: cdelatorre@ifpwood.com

Matt Beymer: mattbeymer@hamptonlumber.com

Ashley Boeckholt: ashley@sitkainc.com