March 3, 2021: Market Driving Diversification; Correction Coming?

Date: 
Wednesday, March 3, 2021

Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Lumber demand is still extremely high, driving new species diversification in certain regions of the country. Buying has fallen off a bit lately, Justin addresses whether a correction coming. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine and Ken has been with AIFP since 2017, specializing in Fir species. Both specialize in high grade lumber for the component manufacturing industry.

Graph Referenced in the Podcast

Graph showing the end of the Spanish Flu and index of wholesale prices of lumber