5-2-22 Commodity Lumber Report

Happy Anniversary to my wife Caryn! We are celebrating 24 years of marriage and our oldest son graduates college this week. Everything in life is always changing. “Enjoy The Journey”! ETJ!

2x4 R/L commodity lumber seem to have drawn a line in the sand at &1000/FOB Mill. Will we continue to grind higher or will the “doom and gloomers” be right?

I think profit margins are going to be a challenge going forward, but due to the backlog we should see a steady flow of building materials for the foreseeable future.

Enjoy the massive pine tree picture I took on the golf course yesterday which mimicked the near term which is clear and focused while the higher you go up the tree the blurrier it gets, I thought appropriate based on todays market. Have an Awesome Day!