More weirdness with Lumber prices

a reply to: AaarghZombies

Unfortunately the lumber is costing contractors $30k more to build a house.
Hopefully they can compensate for the increase

originally posted by: Bluntone22
a reply to: AaarghZombies

Unfortunately the lumber is costing contractors $30k more to build a house.
Hopefully they can compensate for the increase

by charging the home owner and then raising everyones property taxes, then monthly nut

originally posted by: EdisonintheFM
a reply to: JAGStorm

Lumber hoarding

Consider the fact that the article was from September 15, 2020...

“It’s similar to what happened with toilet paper, except the process to make toilet paper is much easier than lumber,” Rendine, the general manager at Douglas Lumber, said. “There’s panic buying. Stuff gets snapped up at prices that, realistically, three months from now will be astronomically expensive.”

3 months? Yeah, that comment aged like milk. At what point does a "short term interruption" become a critical path "Oh #" moment?

originally posted by: Stupidsecrets
It will simmer down. There is evidence of hoarding but there is plenty of wood. Eventually there will be no place to store it.

Do they still store wood in trees ?

Am thinking the only option we will have left, is to do like our ancestors, and build with whatever the land has to offer :

Trees, stones, clay, mud, a burnt-out car, caribou bones, steel H-beams...

This is the results of a worldwide shutdown...

Shortages in supply chains with a domino effect.

No shortage just somebody in the middle making lots of money. Our local lumberyard is packed with anything you need if you can afford it. $50,000 more on a million dollar cottage no big deal.

a reply to: burdman30ott6


I don't follow. Seems pretty cut and dry to me. A one day event could have an affect.

But for squirts and giggles, what timeframe would satisfy you?

For lumber, specifically.

a reply to: JAGStorm

I have had the feeling for awhile now that all of these shortages are completely planned and manipulated. I believe they are trying to make things so bad so as to make more people turn to the government to step in and take over, and Joe and the gang will tell the masses that everything is so messed up the government is the only entity big enough to fix it all.

a reply to: mikell

There is no shortage of logs, just like there is no shortage of anything else, it is the middle man causing the problems (IE lumber mills, meat processors, etc) However there is a very real shortage of lumber. I work at a lumber yard and we ,as well as everyone else in the area, is running out

a reply to: JAGStorm

Us>can>China

China>can>us

The same applies to steel and other commodities.


Yes, exposing tariff loopholes is that easy.

Expect meat to skyrocket again due to the hackers. Every time you turn around prices are going up on some other product. Gas , lumber , food and I’m sure there is others I forgot.

a reply to: Enduro

Again, I believe this is all planned. I am not worried about meat as there is no meat shortage, there is a processing problem, I buy from my local butcher who processes all in house and you can still get cows and pigs all damn day.

The guys I work with knew last year that this was going to happen.

I do residential renovations and last summer there was a shortage of good lumber due to supply chain disruption and other covid related setbacks. We were able to get a bunch of lumber at the time that was just good enough, but we weren't happy about the quality or price.

We knew it was only going to get worse, and that it was going to take a year or two for production to catch up with demand again.

We are still shut down because none of our crew want to be going into peoples houses until the situation stabilizes, even if we weren't shut, our costs would be so high that most people would probably take a pass on having work done that isn't necessary.

originally posted by: JAGStorm
fortune.com...

Biden administration could double Canadian lumber tariffs even as wood and construction costs soar

I wrote previously about rising lumber prices and general supplies costing more.

Now I truly believe something much deeper is going on. The other day I was stopped at a train track.
What was on that track, you ask? ... Well it was only filled to the brim with lumber. Sounds good right?
Nope, all of it was headed to CANADA!!! What in the Sam Hill?

I’ve heard from others that places are stockpiling lumber while prices go sky high.

So what do you think is going on? Here is where I think this is is all related to housing. I think tptb are trying to disrupt housing like we’ve never seen before.
I wonder if they thought Covid would do it but it backfired and everyone started investing in their places and those in apartments started moving out. Maybe this is a push to secure city real estate at rock bottom prices. All I know something is very amiss.

There are major things at play right now. Take a look around and see where the disruption is...
Lumber
Shipping/trucking
The meat industry has a target on it’s back
The electronic market/chips/microchips
All forms of customer service and low level jobs that could be done by robots

The next 3-5 years are going to be real interesting.

it’s probably already been paid for, and the company is meeting their obligations. Do you assume all things in transit are actually yours?

Just a Reminder of 2020 that many don't seem to recall that has a direct effect on Lumber -

Oregon - After the fires, timber industry faces ‘generational’ losses and longer-term supply questions - Nov 22, 2020

....Oregon’s timber industry, made up of companies small and large, is still counting its losses. Nobody has a credible number yet. It’s huge. And equipment losses are the least of it.

One industry estimate is that the fires burned or damaged trees that might have produced 15 billion board feet of timber. Only a portion of that was in areas open to logging, but it’s nearly four times what Oregon’s industry harvests each year.

The fires burned through an unusually high concentration of private land, most of it industrial forestland, and hit a subset of companies particularly hard based on where they own land and operate. They also scorched federal forests, including big sections being managed for timber production....

CalFire - Twice Burned

Thought this vid made some interesting observations about lumber and 'false scarcity'.





As for 'hacking' also thought it interesting that certain 2030 agendas want to get rid of gas and meat.. and recent attacks involved gas and meat.

a reply to: Edumakated

I just want to chime in here and point out that while there is a chip shortage, it's not because they can't meet demand, it's because they're not even trying to. It's the weirdest thing I've ever seen. There are factories that can churn out 20-25k wafers a week that are only running 12-15k. There's not a constraint on basic materials used in the chip manufacturing process either. I work closely with these companies and many of them are slowing production.

So my theory is that they're sucking the dollars in to keep inflation temporary. The reason we didn't see this with stimulus after 08 is because they pretty much kept the stimulus at the bank level where they could control it. It was a #ty stimulus tbh, but they made sure people didn't get it. Trump changed that.

a reply to: JinMI

It's not really that easy. If you tariff a country you secure a supply from an alternative country and you monitor where they're buying from.

lumber shortage my ass,

this is the closest lowes store where i live. when you go in all the shelf's are full, lumber is stacked all the way around the store from the pro desk to the lawn and garden around back. there are 5 with in a 30 miles radius all have a thousand plus.

a reply to: BorisBadInOff

Mabey it is all about killing off all the little fish, and only the big Corporations get left.