Bill's Corner- An Eastern Spruce Perspective

The volume of orders diminished in the lumber market yesterday, although activity remained strong. It was more difficult attaining sales based on increased replacement costs. Justifying paying higher numbers thwarted efforts and curbed buyer appeal. The zest of buying at will slowed. Prices have gone up very quickly in the last few weeks causing many to step back and assess their motives. The dilemma is that demand has not abated, pressuring and thinning inventories. Continued necessity to supplement quick need has caused several voids to develop at distributor’s reloads.