July 28, 2022: Stay Active; Deals are Fleeting
Justin Binning and Jeff Hoggard with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Both guests agreed the current market has settled into a relative equilibrium, with short-term ups and downs staying within a small window. Inventories on the ground remain low, so it continues to be important to stay active in the market as deals are fleeting. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine, and Jeff has been with AIFP since 2012, focused on MSR and European lumber. Both specialize in high grade lumber for the component manufacturing industry.