August 11, 2022: Could Market Run Last Through Fall?
Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Trading has heated up and the market appears to be on a short run that could last into the fall. Both guests recommend staying active and keeping inventories healthy as demand is expected to stay strong into the fourth quarter. The guests also address recent mill curtailments and other factors potentially driving costs up in the short term. 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.