EP 161: Miss It Today, Pay Up Tomorrow

The lumber market just flipped. What looked slow turned into real buying, tightening supply, and rising prices—fast. This week, the crew breaks down why low-grade and studs are leading, freight is becoming a major constraint, and order files are pushing into April. Buyers who waited are now chasing, while supply cuts and steady demand raise a bigger question: are we already short of wood? If so, this move may just be getting started. Timeline 0:00 – Market flips from slow to active 2:30 – Low-grade & studs lead strength 7:00 – Prices up ~$100+ since Nov 10:00 – Order files into April 12:00 – Freight tightening supply 15:00 – Buyers now chasing 28:00 – Supply vs demand imbalance 35:00 – Early innings of the move Advertiser Fastmarkets RISI Dustin Jalbert Senior Economist Wood Products [email protected] www.fastmarkets.com Show Contacts: Gregg Riley: [email protected] Charles DeLaTorre: [email protected] Matt Beymer: [email protected] Ashley Boeckholt: [email protected]