The Lumber Word

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.

EP 54: Debrief on Lumber after a 2-week move and the NAWLA Traders Market

In this highly anticipated episode of "The Lumber Word" podcast, hosts Matt Gregg and Ashley return with a trove of industry insights after a two-week hiatus, offering a deep dive into the ever-evolving landscape of the commodity lumber market.
Beginning with a meticulous breakdown of the recent trading week, the hosts explore market influencers and dissect the delicate equilibrium between supply and demand. They also share exciting news from the financial sector, revealing that the Chicago Mercantile Exchange (CME) is in the process of developing a new Southern Yellow Pine (SYP) lumber contract, along with creating a valuable EFP Directory for the lumber market.
The dynamic duo recounts their experiences at the NAWLA show in Columbus, Ohio, where they engaged with luminaries from various sectors, gathering intelligence on 2024 market sentiments, purchasing trends, and vital insights into single-family versus multi-family housing dynamics. Gregg and Ashley will tell you how they look at the lumber consumption and pricing going forward after interviewing multiple segments at the show.
Adding to the episode's intrigue, the hosts unveil groundbreaking developments in lumber pricing methodologies. One of the premier lumber pricing publications is now collecting real-time transactional pricing, a potential game-changer for pricing indexes. This could reshape how the industry gauges and responds to market fluctuations.
Closing with a touch of nostalgia, Matt, Gregg, and Ashley share heartening news about the podcast's reach, connecting with old alumni and receiving phenomenal feedback from dedicated listeners. "Episode 15" stands as an indispensable episode, providing a comprehensive exploration of market trends, and innovations, and a glimpse into the future of the lumber industry.

EP 53: Lumber Trends and Insights with guest Joe Pepe from LMC

Welcome to Episode 14 of "The Lumber Word," where we delve into the dynamic world of lumber and the latest trends impacting the industry. In this engaging episode, our special guest, Joe Pepe from LMC (Lumbermen's Merchandising Corporation), a leading lumber cooperative in the United States, shares invaluable insights into the lumber business.
Discover the fascinating journey of Joe Pepe, whose family roots in the lumber industry have shaped his career at LMC. Join us as we explore the common entry points into the lumber trade shared by both Joe and the show's hosts, Gregg and Ashley. You'll gain a deeper understanding of how the younger generation is influencing and embracing careers in the lumber industry, driven by its strong focus on relationships.
As always, we kick off the episode with a comprehensive breakdown of the past week in the lumber market. Ashley's analysis delves into different wood species and trending items, setting the stage for a deeper discussion on market dynamics.
Gregg, a seasoned industry expert, offers his invaluable perspective on purchasing strategies and identifies potential areas of value, particularly focusing on the 2x4 and 2x6 #2 16' market segments.
The podcast also delves into a crucial comparison between new home prices and existing home prices, shedding light on their implications for the housing market. Gregg's insights are instrumental in understanding housing starts and the challenges and opportunities they present.
Listeners are treated to an in-depth exploration of supply and demand in the lumber industry, with a particular emphasis on feedback from mills and the potential for shortages in the European SPF market. The episode rounds off by addressing reload inventory and the likely trajectory of mill curtailments.
Join us in this episode of "The Lumber Word" for a comprehensive view of the lumber industry's current landscape, complete with valuable insights and forecasts. Whether you're a lumber trader, home builder, or industry expert, this podcast is a must-listen for staying informed and ahead of the curve in the ever-evolving lumber sector.

EP 52: Lumber’s Market Pulse: Insights with Kyle Little

Discover the latest in lumber market trends with 'The Lumber Word Podcast,' where industry expert Kyle Little, COO of Sherwood Lumber and CNBC contributor, shares invaluable insights into the dynamic world of lumber. Join Kyle, Gregg, and Ashley as they delve deep into the timber industry, discussing short and long-term market developments, housing starts, construction trends, and much more.
In each episode, the hosts unravel the mysteries of single-family and multi-family construction, exploring where the housing market is heading and the affordability of new construction versus existing homes. They also delve into the ever-pressing question of interest rates and their potential impact on the market.
The podcast doesn't stop at macro-level analysis; it gets granular with discussions on specific lumber items—what's hot, what's not, and why. Additionally, it uncovers the intricacies of the lumber supply chain, including the potential for curtailments and the influence of seasonal trends on pricing and demand.
Are you an investor looking to navigate the lumber futures market? 'The Lumber Word' provides expert guidance on whether it's time to go long or short on January and November Lumber Futures, helping you make informed decisions.
For those involved in multi-family construction, the podcast offers key insights into locking in lumber prices for 2024, helping you strategize for the future.
Whether you're a seasoned lumber industry professional or a newcomer eager to understand the market, 'The Lumber Word Podcast' is your go-to resource. With crafty veterans at the helm, you're guaranteed to walk away with a wealth of knowledge and a desire for more. Stay ahead in the lumber industry—tune in every week to stay informed and make smarter decisions in buying and selling lumber.
Subscribe now and stay ahead of the curve with 'The Lumber Word Podcast.

EP 51: Navigating Market Dynamics and Challenges

In the latest episode of "The Lumber Word," your hosts Matt Beymer and Ashley Boeckholt take you on a captivating journey into the world of lumber, offering valuable insights for both newcomers and seasoned industry professionals. This episode is packed with a wealth of information about the lumber market, and it promises to be an eye-opening experience for anyone connected to the lumber and housing industries.

EP 50: Economic Insights into Housing Trends with Lance Lambert

In this episode of “The Lumber Word”, we are delighted to welcome Lance Lambert, the real estate editor for Fortune, who also contributes daily articles to the prestigious publication. Lance's profound expertise in economics and housing data, along with his active presence on Twitter (@NewsLambert), makes him a highly regarded figure in the field.
Together, we take a deep dive into the intricacies of the housing market, examining its various components and current state. Additionally, we explore the fascinating world of the lumber industry and how Lance's data analysis contributes to better understanding and preparation for the future.
Whether you're tuning in during your daily commute or seeking relaxation on your deck, this episode provides a concise yet comprehensive breakdown of housing economics, ensuring that you walk away with a more profound understanding of the real estate landscape and building landscape.
Join us as we journey through the captivating realm of housing economics with Lance Lambert.

EP 49: Lumber Futures 101

This week, the guys talk all about the ups and downs of lumber futures with guest Greg Kuta from Westline Capital Strategies. Don't know the first thing about lumber futures but want to learn? Then your first step is to press play!
 

EP 48: Post Lumber Industry Event Rundown

This week, Ash just came back from two industry events, where he shared his thoughts on the market, but also heard from industry leaders about theirs. Where does the lumber market look like it's going three weeks into September? Find out this week on the Lumber Word!

EP 47: The Changing of Seasons for Lumber

As summer is coming to an end and fall starting, how does that affect the lumber industry both domestically and internationally? Find out on this week's episode of the Lumber Word!