The shortages are starting

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dennishoddy

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are you near there often? just guessing that you might be driving a flatbed truck? interested in a backhaul?

The only thing I’m hauling now is a 35’ fifth wheel RV. We were there to camp with some other RV friends and fly fish the Little Red for trout which is the tail waters of Greers Ferry lake.
What’s interesting about that post mill is that they take all the ends and pieces left over after the posts are debarked and cut to length, then put everything in their parking lot with a sign that says free firewood. If you go back on google earth, and zoom in on the parking lot in front of the storage buildings, you can see the sign and a pile of scraps there for the taking.
Guess where we got 8 nights of free firewood?

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tRidiot

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Wow that's nice, Dennis! We're renting a cabin in Osage Hills next weekend and I gotta find a way to get some firewood for a couple nights... supposedly at Osage Hills they told us a couple years ago you had to buy your firewood from the office, you weren't allowed to bring any in.... but it's like $1 a stick. I'm sorry, that's just feckin' ridiculous. I'm gonna figure on my smuggling technique.
 

SlugSlinger

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Lumber prices are up 232% and ‘could spiral out of control in the next few months’
Tue, April 27, 2021, 4:00 AM
Last week the price per thousand board feet of lumber soared to an all-time high of $1,188, according to Random Lengths. Since the onset of the pandemic, lumber has shot up a whopping 232%.

Home builders and DIYers don't want to hear this, but the ceiling could be higher—maybe even a lot higher. On Monday, the May futures contract price per thousand board feet of two-by-fours jumped $48 to $1,420. That squeeze once again triggered the circuit breakers and caused lumber trading to halt for the day. Why would lumber yards and builders pay above market rates? Severe lumber scarcity has buyers on edge. They're buying the sky-high contracts in order to ensure they'll actually get the lumber they need for projects already under contract.

"The market is in trouble. It could spiral out of control in the next few months," Dustin Jalbert, senior economist at Fastmarkets RISI, told Fortune. The issue? Supply, which is already backlogged, simply can't catch up as demand continues to grow with the start of the home building and home renovation seasons.

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This supply and demand mismatch is largely a result of the pandemic. At the same time that state-mandated lockdowns caused mills to halt production, bored quarantining Americans were rushing to [hotlink]Home Depot[/hotlink] and Lowe’s to buy up materials for do-it-yourself projects. That caused lumber inventory to plummet. It only got worse from there: Recession-induced record-low interest rates caused a housing boom. In March, new housing starts hit their highest levels since 2006. Of course, new homes require a lot of lumber, thus exacerbating the shortage.

On the supply side, lumber production is finally rebounding: Wood production hit a 13-year high. But that can only do so much. Limited mill capacity combined with labor shortages, mean supply can catch up to robust demand.

Stinson Dean, CEO of Deacon Lumber, told Fortune on Monday that soaring lumber futures contracts, including for months as far away as November, signal that lumber prices will be elevated for quite some time.

For prices to correct, Jalbert says, demand will need to cool down—something that is unlikely to occur until the home building and renovation seasons are over. Simply put, exuberant lumber prices aren't going anywhere in the next few months.

This story was originally featured on Fortune.com
 

1shott

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I can say lumber prices are insane. Yet I see folks buying it every day. Only shortages I am seeing at PT pickets again. Moart everything else is rolling in but at higher prices.

Pvc pipe, electrical boxes are the new shortages from what I can see
 

SlugSlinger

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This is what happens when money is given away for free. It becomes worthless.
Anybody getting big raises at work yet to counter act the dollar becoming worthless?
 

tRidiot

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We're gonna be forced to if things don't improve. We're already hearing grumbling. Not that that is anything new, our employees have been complaining they could have stayed home and gotten unemployment since last summer.
 

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