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Are you in the southeast US? A generation ago, so many investors planted trees that it's all but worthless now once you consider the costs of bringing the lumb
by OldHand2018 8y ago
Are you in the southeast US? A generation ago, so many investors planted trees that it's all but worthless now once you consider the costs of bringing the lumber to market. I imagine that a lot of people just want to liquidate their holdings and get whatever money they can back.
- village-idiot 8y agoEither way, current estimates are that we're consuming about 42% of the lumber that's growing per year. I'm personally ok with this.