4 ms·
https://www.msn.com/en-us/money/markets/wood-production-hits-13-year-high%E2%80%94but-lumber-prices-are-still-up-171percent-since-covid-started/ar-BB1fagN3 http
by mikhailt 5y ago
https://www.msn.com/en-us/money/markets/wood-production-hits-13-year-high%E2%80%94but-lumber-prices-are-still-up-171percent-since-covid-started/ar-BB1fagN3 https://www.msn.com/en-us/money/markets/wood-production-hits...
They talk about opening new sawmills because a huge number of them went out of business since the last great recession.
It's a supply/demand issue and the production relative to COVID or last recession hasn't recovered.