EP 174: Running Out of Wood? Russ Taylor on the Market Nobody Saw Coming

Russ Taylor of Russ Taylor Global returns to The Lumber Word for a deep dive into one of the most fascinating lumber markets in years. The crew discusses shrinking North American production, tightening inventories, Canadian export trends, Southern Pine pricing, mill profitability, tariffs, transportation, and why supply—not demand—continues to drive prices. With production capacity permanently removed across North America and limited ability to quickly restart mills, the panel explores whether higher prices are here to stay into late 2026. If you trade, manufacture, distribute, or simply follow the lumber industry, this episode delivers market intelligence you won't want to miss. Timeline 00:00 – Soccer banter before shifting into lumber markets. 02:00 – Current SPF and Southern Pine market conditions and regional pricing. 08:00 – Russ Taylor reviews Canadian production and export data. 15:00 – Mill profitability, duties, tariffs and North American cost structures. 21:00 – Why supply constraints are outweighing demand. 28:00 – Southern Pine production, logistics and trucking challenges. 34:00 – Wood chip markets, pulp demand and byproduct economics. 35:30 – 30-, 60- and 90-day market outlook and pricing expectations. 41:00 – Canadian shipments, tariff timing and closing market outlook. Guest: Russ Taylor WWW.russtaylorglobal.com   Advertiser Fastmarkets RISI Tiranth Amarasinghe Product Marketing Manager [email protected]