The Lumber Word

EP 64: National Top Economists, Brian Wesbury, Talks Everything Housing and Lumber With Us

In this episode of "The Lumber Word Podcast," renowned economist Brian Wesbury from First Trust joins the discussion, offering insights into crucial economic aspects such as lumber trading, housing trends, and interest rates. The conversation delves into key indicators like housing starts, permits, and home sales, exploring the dynamics of building regions and the size of new homes. Brian's expertise sheds light on the potential trajectory of interest rates and speculations about Federal Reserve actions. The hosts address the political landscape's role in a successful housing market, tackling concerns about the disappearance of affordable homes and discussing prospects for improvement. The episode wraps up with the popular segment "Marry, Date, or Dump," providing a light-hearted conclusion to an informative discussion on the economic landscape and its implications for 2024 planning. Tune in for expert analysis and engaging content on "The Lumber Word Podcast." Brian is also on @wesbury at X and you can sign up for his free newsletter at FTPLP.com

EP 63: Is Lumber Going Down Before it goes Up?

 Welcome to "The Lumber Word,” podcast for 2/7/24 where we don our lumberjack shirts, grab our saws, and dive deep into the heart of the softwood lumber trading industry. This week, we've enlisted the expertise of Charles DeLaTorre to navigate the intricate world of SYP lumber. Join us as we dissect regional nuances, offering insights into the dynamic relationship between lumber sellers and buyers. Together, we embark on a speculative journey, predicting the twists and turns of the market. “Stick” around, and you'll uncover the unconventional items making waves in the industry. From the mysterious whereabouts of construction lumber in the pipeline to the soaring prices of finger joint studs, priced at a staggering $700 MBF – we leave no splinter unturned. Why are retailers hesitant, and what's the scoop on multi-family developments? If softwood lumber is your trade, make "The Lumber Word" your go-to podcast for the latest buzz and trends.  #LumberTalks #TimberTrends

EP 62: What Will European Lumber Imports Look Like In 2024?

Welcome to today's episode of 'The Lumber Word'—your go-to podcast for all things lumber. On this date, 1/31/24, hosts Matt, Gregg, and Ashley are thrilled to have a special guest, Thomas Mende, President/CEO of Binderholz Timber, Inc…. Tune in as we delve into the latest updates on cash lumber and the futures market. Thomas joins the conversation to share invaluable insights on the significant global shifts impacting European lumber imports in North America. Get ready for surprising numbers and expert opinions on trading European lumber and SYP. Stick around as we wrap up with our favorite and not-so-favorite market items. Don't miss out on the lumber talk of the day!"

EP 61: Early 2024 Market Update

Welcome to "The Lumber Word" podcast for 1/24/24, where the crew delves into the dynamic world of lumber. In today's episode, get a quick market update alongside insights into listener feedback. As the podcast expands, the team expresses excitement about covering more regions, species, and products. Exploring recent market movements despite widespread weather challenges, the team addresses a major curtailment and future market implications. Discuss lumber grades like WSPF, ESPF, DDF, GDF, SYP, and  MSR and discover why large buyers lean towards cars or trucks. Stick around for personal insights on favorite products and those that have fallen out of favor. Gregg applauds Matt's track record, and the episode concludes with a sneak peek into next week's guest. If lumber prices and trends matter, this podcast is your go-to source for valuable knowledge. Tune in and walk away enlightened.

EP 60: Southern Yellow Pine in Today's Market

In the latest episode of "The Lumber Word" podcast on January 17, 2024, Casey O'Neill from Industrial Forest Products joins the discussion to provide insights into Southern Yellow Pine (SYP) in the lumber market. The episode delves into the trading dynamics introduced by SYP and their impact on the values of other wood species. Special focus is given to the comparison between 2x4 9', 2x4 #2 SYP, and #3 SPF. The hosts share predictions on buying and selling lumber in the coming days, weeks, and months, acknowledging the uncertainty in their forecasts. The podcast promises valuable information for both experienced lumber traders and newcomers, ensuring listeners leave with increased knowledge and a smile.

EP 59: Welcome to ”The Lumber Word” 2024 Premiere!

Step into the world of lumber with a brand-new episode from the dynamic trio – Matt, Gregg, and Ashley! As we kick off the year, our first podcast for 2024 is packed with everything you've been eager to hear about in the construction lumber industry.
Join us as we dissect the latest actions of lumber buyers and mills from the past week, providing you with on-the-spot insights into market movements. Curious about the future of lumber? We've got you covered – delve into discussions about where lumber is headed and whether lumber futures hold significant value.
But that's not all! We're thrilled to bring back a fan-favorite segment – "marry, date, or breakup." Tune in as we passionately express our views on specific lumber items, sharing what we love and what we'd rather part ways with. Trust us, if you followed our insights last year, your satisfaction would have soared!
In this episode, Gregg takes a deep dive into the potential impact of inflation and monetary policy on lumber and housing. Meanwhile, Matt weaves together the intricacies of his markets, highlighting how our individual markets and product knowledge complement each other seamlessly.
Don't miss out on this action-packed podcast that promises not only entertainment but also a wealth of knowledge. Join us for a riveting discussion on lumber trading – it's an investment in your understanding that's truly worth the entrance fee!

EP 58: Farewell to 2023

"The Lumber Word" podcast had an interesting episode this week, covering a range of topics related to the housing and lumber industry. Here's a summary of the key points discussed:
Housing Starts and Permits: The podcast began by analyzing the latest data on housing starts and permits. The team seems optimistic about the strong numbers and delves into details such as completions and current homes under construction.
Lumber Market Overview: Despite the holiday season, there was a notable level of activity in the lumber market. The podcast goes into the specifics of prices and discusses the items that experienced significant movement during the week.
2024 Housing and Price Predictions: The TLW crew shared predictions for the housing market and lumber prices in 2024. Listeners can look forward to insights on future trends, and it seems like Gregg launched a 2024 lumber pricing poll on LinkedIn for audience participation.
Other Predictions: In addition to housing and lumber prices, the podcast touched on other economic factors such as interest rates, oil pricing, logistics, and home prices. It seems like the team also delved into some political and geopolitical discussions, providing a broader perspective on what to expect in 2024.
Engagement with Listeners: The podcast expressed appreciation for its listeners in 2023 and mentioned exciting plans for the upcoming year. The mention of the LinkedIn poll indicates active engagement with the audience.
Overall, it seems like "The Lumber Word" podcast is providing a comprehensive and insightful look into the lumber and housing industry, combining market analysis with predictions and listener interaction. It'll be interesting to see how the predictions unfold in 2024. Matt Beymer, Gregg Riley and Ashley Boeckholt are all grateful for our listeners and wish everyone Happy Holidays.

EP 57: 2023 Wrapped for the Lumber Industry

Welcome to this week's episode of "The Lumber Word Podcast" where Matt, Gregg, and Ashley reflect on the ups and downs of the lumber market in 2023. Gratitude sets the tone as they dive into comparing current lumber inventory with the same time last year, revealing surprising differences. Q1 2024 predictions spark lively debates, offering listeners varied perspectives. Housing trends and lessons learned this year become focal points in understanding profitable lumber trading strategies. As the team primes us for next week's forecast, they hint at market preferences and unveil exciting plans for 2024, including potential live appearances at industry events. Tune in and join the journey to a happier, wiser, and wealthier lumber world.

EP 56: Reports from Asia and Europe with Russ Taylor

In this milestone episode of "The Lumber World," we're privileged to have Russ Taylor from Russ Taylor Global as our special guest. Fresh from his travels in Europe and Asia, Russ brings a wealth of knowledge on global production costs, the intricate movement of lumber, and his forecast for the upcoming year.
But that's not all! The crew delves into the latest New Home sales and the Case Shiller housing index, providing a comprehensive analysis of their impact on the lumber market. A surprising revelation surfaces – Southern Yellow Pine is now up against the cost of production. The burning question arises: Are more curtailments on the horizon, and what undervalued and basis opportunities does this situation present?
Shifting focus, we explore the current landscape of repair and remodel trends, unraveling insights that could shape the future of the lumber industry. The team also delves into the potential drop in interest rates in Q1, with Gregg offering a compelling response that's not to be missed.
Excitingly, listeners are actively participating by calling in weekly to suggest new content and provide feedback. If you're looking to enhance your intelligence and gain perspectives from traders navigating the daily challenges of the lumber trenches, this episode is a must-listen.
Join us for a captivating discussion that encapsulates the breadth and depth of the lumber industry. Drop your questions or comments in the feed, and let's make this anniversary episode of "The Lumber World" one to remember! 

EP 55: A Large Framer Takes Control of the Lumber Procurement and Commodity Risk Management Process

Join the insightful conversation on "The Lumber Word" as Chris Tatge, the visionary founder of DC Materials, shares his journey in exponentially growing his framing business in the US. In this episode, Chris dives into the art of framing, shedding light on how he strategically internalizes lumber spend for optimal business growth. Chris saw an opportunity to learn about the lumber market and take the risk of owning that process internally, something unheard of in his region. Uncover the secrets of buying and trading lumber with Chris, as he candidly discusses roadblocks and industry nuances. Chris also credits those who helped him and talked about continually educating himself. He has now built his lumberyard and plans on continued expansion.  The podcast team, including Matt, Gregg, and Ashley, explores Chris's perspective on multi-family financing versus the single-family market, offering invaluable insights for industry professionals. Stay informed on recent market moves and discover how Chris's innovative approach challenges traditional industry norms. Don't miss this opportunity to gain exclusive insider information and tips for success in the ever-evolving world of lumber trading. "The Lumber Word" is the go-to podcast for the latest trends and expert advice in the booming lumber industry.