4/30/22 General Lumber Market (Weekend Edition)

Lumber currently sits at about the 52 week 2x4 R/L average($1000/mbf give or take) which is priced based on FOB mill. The Range has been below $600/mbf and as high as $1300’s/mbf which alone is still mind boggling. A few traders that have been doing this a long time seem to collectively agree that the market is busy but with all the political and economic meandering around every corner, only “time will tell”. In other news ….I sat on my hindsight 20/20 glasses yesterday and new ones are back ordered :wink: . Have an Awesome Weekend.

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