You Are NOT Going To Like This.
Lumber $2000 in less than 6-weeks.
Over one year ago LLG’s Forecasted Decision Points projected a bull market beginning at week #45…the beginning of the annual lumber cycle, lasting at least until week #10. This is week #6.
FDP’s also projected January Chaos week #2-5. It forecasted the February Filling, which began last week. I expect that given all the current market conditions which we discuss twice weekly that we will see $2000 lumber prices, fob mill, by mid-March …week #12. Then…MARCH MAYHEM!
Today February 7, 2022 is likely the beginning of the most painful 6-week lumber market experience of your entire career. Please plan accordingly. Avoid having to buy mid Feb-mid March. LLG members were forewarned and have been prepared for months.
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Looking Forward…ML #Lumbermarketforecast