Bill's Corner- An Eastern Spruce Market

Uncertainty, uneasiness, and anxiousness highlighted trader sentiment in the lumber market yesterday. It was difficult to gauge where prices were on any given item at any given time, making buyers hesitate and second guess themselves on potential purchases. Comfort levels to step in and buy earlier in the week were questioned. Activity was high but a lower volume of orders transpired. Prices headed lower but how much more they would adjust to with this morning’s published print numbers had people guessing and in a standby mode.