Shoe’s Lumber Report – 4/29/22 | Shoe's Lumber Report

BEAR DOWN – BULL UP! After last week’s hint of a turn-around, the falling bears propelled the bulls back into control for the time being. Buyers sensed the opportunity and grabbed it, stepping in to take advantage of the recent price deterioration to dollar cost average their inventories lower. However, with the lumber market’s recent price drop, buyers remained cautious about rising world tensions and exploding interest rates impacting future demand. So get ready as we jump in to catch up on all of the happenings that transpired this week in the place I like to call: ’The Wonderful World of Wood.” Enjoy…

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