Posted on 06/15/2021 9:43:56 AM PDT by bitt
(Excerpt) Read more at thehustle.co ...
LOL
OSB is selling for about $80 a sheet here in California.
Thank you. You are totally correct.
The futures market and speculators are what cause wild swings in any commodity of course. They make price takers of us all.
I hope they take a bath and choke on their speculation and greed.
If people want to understand the reason oil and gas prices are driven up look to the commodity markets. Before the first heating oil futures trades back in the early 80s there was almost no movement in oil and gas prices, not including the arab embargo shocks. There was an article, a small one, in Oil and Gas Journal the fall of 1983 or 84, I still have it but can’t remember the date. It was about the coming test movements in oil futures. I clipped the article and attached it to a memo to my staff saying this is the day the oil industry loses any control of our future. With this it will be hard to forecast prices in order to make investments. I also told them we have become no more than farmers. I believe I was dead right.
In my wayward youth I once declared my major to be Agricultural Economics. There was one brilliant professor I had in a couple of courses. I learned from him how farmers became price takers instead of price makers notwithstanding their unwitting and often unintentional act of over producing.
Just sold our city house (top dollar)...planning remodel on another house in “country”...may turn out good that our contractor is really busy...hoping prices start falling (as I read somewhere last week) soon. Lucky we are flexible with living conditions.
I’ll tell you, as an owner of timber property and a periodic seller of managed timber...we are receiving less today than we did a few years ago. Also the first line saw mills are paying less to those who cut and harvest the timber. So the increase in lumber prices is not being seen by those who grow and harvest the timber.
Toilet paper is made from wood. You can thank all the morons with basements filled with lifetime supplies of TP. Ultimately, that blame goes all the way to the Rats and Fauci, and Trump for being so gullible.
He says that the major sawmills in the SE took advantage of the covid lull to refit all their equipment to the tune of millions.
A different friend said he talked to a VP of GA Pacific and asked him who was getting all the money because the growers and the retailers weren't. Guy grinned and said, "We are."
Is part of it because more people opt for vinyl on the outside and faux wood inside? Dunno, just a thought
Better hire an armed guard to help you till you get it home, it’s more desirable now that air jordans
Go into the store and buy a saws all. Go back into the parking lot and cut out as many catalytic converters as will pay for the saws all and your lumber.
Lol, good one!
Cashing in the 401K or getting the second mortgage?
The complaint is ....No one wants to drive the trucks to move the lumber,... unload the truck,... work in the facilities that turn the lumber into things,... work in the warehouses that store the things that were made with lumber,... drive the trucks that move the things that were made with lumber,... do the labor that builds stuff with the things that were made with lumber.
There's a huge shortage of people that want to work... period.
I bought a Toto Washlet at Costco last Summer. Love it!
If you’re remodeling a bathroom, at minimum you should put in a GFI protected outlet to the left of the toilet and toilet water stop valve to allow someone to put one in later. But really you should do it as part of the remodel.
The powers that be are trying to get more of the population addicted to a government check.
if you have to, you could always start a go-fund-me. alternatively, you probably have a spare kidney.
Lumber prices are falling back to earth.
Futures for July delivery ended Monday at $996.20 per thousand board feet, down 42% from the record of $1,711.20 reached in early May. Futures have declined 14 of the past 15 trading days, the last two by the most allowed by exchange rules.
Cash lumber prices are also crashing. Pricing service Random Lengths said Friday that its framing composite index, which tracks on-the-spot sales, dropped $122 to $1,324, its biggest ever weekly decline. The pullback came just six weeks after the index rose $124 during the first week of May, its most on record.
Good, no reason supply could not be increased.
I seldom can get morning wood nowadays
It’s those blasted woodchucks!
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