September 1, 2021: Power Remains in the Hands of the Buyer, for Now
Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. While the power remains in the hands of the lumber buyer, trading is starting to heat up with many species, grades, and sizes. Both experts observed that most of the higher-cost lumber has been worked through and, overall, the market has found a point where volume is increasing again. While mills will continue to seek movement upward, there are no current curtailments or transportation choke points. 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.