February 10, 2022: Is a Steady Market Climb Ahead?
Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Ken and Justin remark the market is replicating the 2021 cycle, particularly as strong demand picks up as buyers prepare for the spring build season. There appears to be some heavier stockpiling occurring in the last week, along with more species substitution away from Spruce. Both guests agree the trend may have a few pauses along the way but it will move upward for the foreseeable future. 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.