3 ms·

Lumber prices are already falling from the record high. https://finance.yahoo.com/news/lumber-prices-post-biggest-ever-210144368.html https://finance.yahoo.com/

• cptskippy 5y ago
  Which makes sense give the vaccine rollout and lessening of pandemic restrictions.
  • cmpxchg8b 5y ago
    Did you read the article? The problems actually started before the pandemic.
    • cptskippy 5y ago
      Yes and we're exacerbated by the pandemic. The article said mills lowered production assuming there would be reduced demand during the pandemic but there was increased because people were stuck at home doing projects. Now that the pandemic waining and people are heading back out, is it not safe to assume some of that demand will be subsiding?
• everybodyknows 5y ago
  Stock prices of biggest mill now more than 20% off peak. https://finance.yahoo.com/quote/WFG?p=WFG&.tsrc=fin-srch https://finance.yahoo.com/quote/WFG?p=WFG&.tsrc=fin-srch