Bill's Corner- An Eastern Spruce Perspective

Sales slowed slightly in the eastern spruce lumber market yesterday, not due to a lack of demand or effort but more importantly from a lack of lumber available in the market, especially from the mills. Despite less material being seen, it was still very active, generating many orders. The eastern mills were more cautious and deliberate on what to offer. Their gameplan was to sell what they have on the ground and not to speculate as to what they may have, especially with production uncertainties and mid-July summer shutdowns looming. Most mill shipments are into July.