Lumber prices dive more than 40% in June

bluemingidiot
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Lumber prices dive more than 40% in June Jun 30, 2021 14:54:54 GMT Woodpecker and farmerjack like this

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Post by bluemingidiot on Jun 30, 2021 14:54:54 GMT

Lumber prices dive more than 40% in June, biggest monthly drop on record

www.cnbc.com/2021/06/30/lumber-prices-dive-more-than-40percent-in-june-biggest-monthly-drop-on-record.html

Hooray!

None is so poor as she who has nothing to share.

"The world is going to change so fast that people and governments will not be prepared to be stewards of this change." Margaret Mead, 1978

"In the name of the bee,
And of the breeze,
And of the butterfly, Amen" Emily Dickinson

susannah Ultimate Member Northern Wisconsin Posts: 5,267	Lumber prices dive more than 40% in June Jun 30, 2021 18:11:54 GMT Woodpecker and bluemingidiot like this Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by susannah on Jun 30, 2021 18:11:54 GMT My husband will be happy to hear that. He STILL is talking about how a 2X4 cost him four times what it did in the past. Luckily he only needed ONE...
	"I am glad I will not be young in a future without wilderness." Aldo Leopold

krisinmi Really Awesome Member Posts: 1,570	Lumber prices dive more than 40% in June Jun 30, 2021 19:07:00 GMT via mobile Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by krisinmi on Jun 30, 2021 19:07:00 GMT I hope they continue to drop; we might actually get some projects done this year after all.
	holding on to a little piece of farmland near the capitol of Michigan

Maura Totally Awesome Member Posts: 3,173	Lumber prices dive more than 40% in June Jul 1, 2021 2:58:30 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Maura on Jul 1, 2021 2:58:30 GMT My friend got a quote for a garage at $30,000. Wow. He has put it off. Just going to pour the concrete this year and build next year. With the cost of lumber going down he may be able to build it this year.
	Nothing is as strong as gentleness, nothing so gentle as real strength - St. Francis de Sales

Melissa Administrator Posts: 6,382	Lumber prices dive more than 40% in June Jul 1, 2021 20:24:22 GMT Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by Melissa on Jul 1, 2021 20:24:22 GMT Checked the prices online at our local Lowes and it appears they haven't gotten the memo about the price drop!
	www.facebook.com/MelissaRileyNorris?ref=tn_tnmn

bluemingidiot
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Posts: 11,618

Lumber prices dive more than 40% in June Jul 1, 2021 23:04:16 GMT Melissa and alice like this

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Post by bluemingidiot on Jul 1, 2021 23:04:16 GMT

"Lumber futures tanked more than 40% in June alone, suffering their worst month on record dating back to 1978."

Futures and retail prices are not the same thing but there is a correlation. Be patient.

Last Edit: Jul 1, 2021 23:05:18 GMT by bluemingidiot

None is so poor as she who has nothing to share.

"The world is going to change so fast that people and governments will not be prepared to be stewards of this change." Margaret Mead, 1978

"In the name of the bee,
And of the breeze,
And of the butterfly, Amen" Emily Dickinson

Lumber prices dive more than 40% in June

Post by bluemingidiot on Jun 30, 2021 14:54:54 GMT

Post by susannah on Jun 30, 2021 18:11:54 GMT

Post by krisinmi on Jun 30, 2021 19:07:00 GMT

Post by Maura on Jul 1, 2021 2:58:30 GMT

Post by Melissa on Jul 1, 2021 20:24:22 GMT

Post by bluemingidiot on Jul 1, 2021 23:04:16 GMT