Given these results after 84 votes, the market appears to be in a period of “price discovery”. Would you agree?
Everyday is price discovery. The lumber and building material industry is a combination of blending the old with the new on a daily basis. Outside variables will always impact lumber pricing since the industry depends on many other industry’s to get their goods to market. There isn’t a MSRP on Lumber. The mills make it and sell it to the highest bidder .
Good morning Mike!
Would you say there is a trend to this market?
I wouldn’t be surprised to see it bottom in this area .