5-21-22 Commodity Lumber Report (weekend edition)
Whether your paying too much for rent, groceries or gasoline, it’s nice to stroll out on a Saturday and do basically anything you want. Feeedom isn’t free and sometimes it costs more than other times, but it’s a small price to pay to live in a Free Country !
Commodity Lumber takes the liberty to find its value through basic supply and demand principles. There are always those who’s hopes are coming true with lower pricing, while others are saddled with high cost inventory and not as happy. The projected relief in Commodity Lumber is looming, yet many questions remain unanswered.
While Commodity Lumber chases the 52 week low, it’s anyones guess where it actually bottoms and reverses course. Until then enjoy your weekend and have an Awesome Day.