Bill's Corner- An Eastern Spruce Perspective

Sales were robust to start the month last week in the lumber market. Demand was strong in many areas of the country. The eastern mills sold enough to keep prices firm, if not attain higher numbers on many items. Many eastern Canadian mills, with limited quick availability, were able to sell for after their summer shutdowns, which begin the last week of July. The eastern U.S. mills could ship quicker but were limited on what they could offer and sell. Manufacturers were active buyers, wanting and able to solidify their inventories by leveraging the Canadian shutdowns for August arrivals.