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Lumber Prices Lower
#8348109
08/11/21 04:38 PM
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Joined: Sep 2004
Posts: 10,847
DannyB
OP
THF Celebrity
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OP
THF Celebrity
Joined: Sep 2004
Posts: 10,847 |
FYI -- Lumber Futures are less than 1/3 what they were a few months ago. Home Depot shows 7/16 OSB (waferboard) at $28.00. It was $48.00 a few months ago. I imagine with other lumber yards and quantity purchases that better prices can be found. The Futures markets take a while to affect shelf prices, but prices are coming down. You can click on different time frames at the bottom and look at historical prices. https://www.investing.com/commodities/lumber
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Re: Lumber Prices Lower
[Re: DannyB]
#8348114
08/11/21 04:42 PM
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Joined: Aug 2016
Posts: 8,317
Herbie Hancock
THF Trophy Hunter
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THF Trophy Hunter
Joined: Aug 2016
Posts: 8,317 |
Dang that's a heck of drop in the right direction.
It takes beer to make thirst worthwhile - J. Fred Schmidt
The internet is an I.Q. Test, people post their scores in the comment section.
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Re: Lumber Prices Lower
[Re: DannyB]
#8348128
08/11/21 05:02 PM
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Joined: Aug 2012
Posts: 15,567
TexFlip
THF Celebrity
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THF Celebrity
Joined: Aug 2012
Posts: 15,567 |
Spot price is also lower. Plywood still high as a pigeons pecker but most everything else lumber wise is headed the right way.
Just to make sure that it is done thoroughly, I go both ways.
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Re: Lumber Prices Lower
[Re: Herbie Hancock]
#8348141
08/11/21 05:18 PM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
Dang that's a heck of drop in the right direction. Good news for the buyer. Bad news for the seller.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: Lumber Prices Lower
[Re: DannyB]
#8348162
08/11/21 05:43 PM
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Joined: Oct 2008
Posts: 16,783
68rustbucket
THF Celebrity
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THF Celebrity
Joined: Oct 2008
Posts: 16,783 |
Anybody gonna proceed with home construction that’s been on hold?
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Re: Lumber Prices Lower
[Re: 68rustbucket]
#8348170
08/11/21 05:49 PM
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Joined: Aug 2012
Posts: 15,567
TexFlip
THF Celebrity
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THF Celebrity
Joined: Aug 2012
Posts: 15,567 |
Anybody gonna proceed with home construction that’s been on hold? I'm still holding out. My lumber package has only come down about 22% from a 300% increase.
Just to make sure that it is done thoroughly, I go both ways.
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Re: Lumber Prices Lower
[Re: TexFlip]
#8348174
08/11/21 05:52 PM
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Joined: Oct 2004
Posts: 39,544
redchevy
THF Celebrity
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THF Celebrity
Joined: Oct 2004
Posts: 39,544 |
Anybody gonna proceed with home construction that’s been on hold? I'm still holding out. My lumber package has only come down about 22% from a 300% increase. OUCH! never heard the pigeon pecker one before lol im gonna borrow is.
It's hell eatin em live
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Re: Lumber Prices Lower
[Re: redchevy]
#8348385
08/11/21 09:05 PM
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Joined: Jan 2007
Posts: 1,805
MO
Pro Tracker
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Pro Tracker
Joined: Jan 2007
Posts: 1,805 |
Anybody gonna proceed with home construction that’s been on hold? I'm still holding out. My lumber package has only come down about 22% from a 300% increase. OUCH! never heard the pigeon pecker one before lol im gonna borrow is. My new one is " higher than Giraffe's #$$@$. " mo
MY BACKYARD , 20,000 ACRES , NO MOWING
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Re: Lumber Prices Lower
[Re: DannyB]
#8348450
08/11/21 09:54 PM
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Joined: Aug 2010
Posts: 60,296
stxranchman
Obie Juan Kenobi
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Obie Juan Kenobi
Joined: Aug 2010
Posts: 60,296 |
I have been checking treated 2x4's and 2x6's prices the last month and they were down around 40% late last week. I know plywood is still high but coming down. A friend got prices on 1/2 and 3/4" 5 weeks ago an it was over $70 per sheet. Then two weeks later it was still the same price. The next week it dropped to $45 on the 3/4 and $43 on the 1/2. I think some of the larger retail lumber outlets are still sitting on large inventories that are holding prices up. As they sell down they will drop prices accordingly or be priced out of the market by competitors in my area.
Are idiots multiplying faster than normal people?
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Re: Lumber Prices Lower
[Re: stxranchman]
#8348465
08/11/21 10:03 PM
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Joined: Jan 2010
Posts: 22,997
fadetoblack64
giddyup
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giddyup
Joined: Jan 2010
Posts: 22,997 |
Theyre sitting on so much lumber and plywood right now PRAYING for a cat 5 hurricane to bail them out of their price point.
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Re: Lumber Prices Lower
[Re: DannyB]
#8348474
08/11/21 10:14 PM
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Joined: Apr 2009
Posts: 10,115
texasag93
THF Celebrity
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THF Celebrity
Joined: Apr 2009
Posts: 10,115 |
Copper needs to come down.
Still way too high.
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Re: Lumber Prices Lower
[Re: DannyB]
#8348475
08/11/21 10:14 PM
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Joined: Oct 2008
Posts: 16,783
68rustbucket
THF Celebrity
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THF Celebrity
Joined: Oct 2008
Posts: 16,783 |
About 6-8 weeks left in hurricane season. If there aren’t any large, devastating storms I’d bet the prices come down a lot.
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Re: Lumber Prices Lower
[Re: texasag93]
#8348479
08/11/21 10:16 PM
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Joined: Jan 2010
Posts: 22,997
fadetoblack64
giddyup
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giddyup
Joined: Jan 2010
Posts: 22,997 |
Copper needs to come down.
Still way too high. Dr Copper aint coming down with the Electric Vehicle push
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