March 24, 2022: Volatility is Growing; Small Inventories More Risky
Ken Timmins and Jeff Hoggard with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Both guests address volatility beginning to edge into the market and transportation issues that continue to plague Canada and the Pacific Northwest. They warn that keeping inventories under 60 days is potentially risky at this time. Ken and Jeff also touch upon the impact of big box stores and the lumber futures market. Ken has been with AIFP since 2017, specializing in Fir species, Jeff has been with AIFP since 2012, specializing in MSR and European lumber. Both specialize in high grade lumber for the component manufacturing industry.