The Lumber Word

EP 92: The Lumber Edge: Smarter Strategies, Emerging Premium Scramble, Sharper Predictions

In this episode, Matt, Gregg, and Ashley dive into the post-curtailment lumber world, sharing their seasoned lumber trading insights as they try to make sense of this wild market. Are home centers in for a shock in 2025 with potential production shortfalls? Will there be a rush for premium grades? The team dissects overvalued and undervalued products, ponders why 4" lumber is dragging, and breaks down the latest on September lumber futures expiration. Stick around for the final fun segment—marry, date, dump—where lumber gets the matchmaking treatment. You’ll leave with plenty of laughs and solid trading tips!

EP 91: Boosting Your Lumber Game with Charles DeLaTorre

In this jam-packed episode, we’re joined by a friend, and lumber industry expert Charles DeLaTorre to upgrade our SYP knowledge. It’s been a whirlwind week in lumber, and with Canfor's recent curtailments shaking up North American markets, we're diving deep into where we stand with supply and demand.
Matt, Gregg, Charles, and Ashley had a lively debate on what the future holds for lumber prices in late 2024, with Gregg making some bold predictions for 2025. Matt also brings the WSPF and Pac NW lumber information and talks about Hem Fir and DDF filling into some lost WSPF regions.  If you’re planning to buy or sell lumber soon, this episode is a must-listen. We also tackled the September CME Lumber Futures expiration and what might be on the horizon for November and January. Tune in for insights that’ll keep you ahead of the curve!

EP 90: Fast Times in the Lumber Market: Is This Our ‘Learn It. Know It. Live It.’ Moment?

 In Episode #90 of "The Lumber Word Podcast," Gregg, Matt, and Ashley dive deep into the current lumber market, debating whether we're at the peak or just getting started. The team discusses the velocity and strength of the truck market, as well as historically low inventory levels. Are mills sitting on a lot of dressed inventory, or are buyers overextending by purchasing extra trucks? With short orders popping up in the cash market, the crew explores whether these moves make sense. Tune in to hear their insights and what you should be doing over the next 4-6 weeks to stay ahead.

EP 89: Lumber Ain’t Nuthin’ but a G Thang: Breaking Down the Lumber Market with Russ Taylor

In this episode, we're excited to have Russ Taylor from Russ Taylor Global joining us! We kick things off by chatting about his upcoming event, the Global Wood Summit, happening this October 29-30. And guess what? The Lumber Word will be doing a live podcast right from the event! Go to www.globalwoodsummit.com for the details.
Today, we dive into the latest market trends from the past 30-60 days. We explore why so many lumber buyers are still playing it safe as prices climb higher. How much North American production has slowed down, and what can we expect going forward? We also break down the current cost of production and what the new Canadian lumber duty means for today and next year.
Tune in to get the inside scoop and maybe even gain the edge you need in this shifting market!

EP 88: Our Lumber Listeners Stay about 4 Months in Front of the Pack

In this episode, we welcome Joe Pepe from LMC to help us break down the current state of the lumber market. We dive into where we stand in the lumber cycle—is supply finally catching up with demand? Matt highlights the differences between the 2x4 market and 2x6 and wider, while we discuss key indicators to watch for in the upcoming housing starts report. We also explore how lean end users are keeping their inventories and share insights from our own business dealings.
We ponder how far this lumber market can continue to rise and what surprises might be on the horizon. Plus, we touch on the growing trend of builders asking their suppliers for longer-price locks. This episode is packed with valuable insights and plenty of fun along the way!

EP 87: Diving Deep on this Lumber Move with Charles DeLaTorr

In this week's episode of "The Lumber Word," we are joined by Charles DeLaTorre, owner of Industrial Forest Products. Get ready for a lively discussion as we challenge each other on why the lumber market moved over the past month. What did we see that others missed? And more importantly, will it continue?
Charles dives into Southern Yellow Pine (SYP), providing insights that are sure to expand your understanding. We also tackle the topic of potential bad paper in the forward cash market and examine how mills have been rationalizing capacity without alerting the trading market. It's an episode packed with valuable insights and predictions about where the market is headed. Tune in for an entertaining and informative session!

EP 86: Back To Zero Or Up $100+ MBF More In The Next Month?

In this episode of "The Lumber Word," Matt, Gregg, and Ashley dive into the recent lows in lumber pricing and discuss the recent strength of the past three weeks. With some commodity funds buying back short CME positions, the big question is whether this trend will continue or if they will shift gears again.
Why is there so much negativity in the market, and what does it mean for the future? Our hosts give their honest predictions and provide a thorough analysis of the current market sentiment. Supply is still trying to match up with demand—has it finally done enough?
Notably, some prices have already recovered up to $80 MBF off the bottom trade price. Could we see a rally of $100+ MBF, or might we fall back to the cost of production? Join us to hear the latest insights and predictions on the market's direction!
Tune in to Episode #86 to stay ahead of the curve in the lumber industry!

EP 85: Is Housing Recession-proof This Time?

In this week's episode of The Lumber Word, we’re joined by Brian Wesbury, Chief Economist for First Trust. Brian shares his expert analysis of the housing market, discussing interest rates, housing supply, and what economic signals mean for the future of housing. He also weighs in on whether we’re in a recession and offers predictions for the prices of new and existing homes. Tune in for this insightful conversation and stay ahead in the housing sector!
For more insights from Brian, visit First Trust and sign up for their free newsletter.

Ep 84: Navigating the Silent Signals of a Possible Lumber Bottom

In this episode of "The Lumber Word," Matt, Gregg, and Ashley are all back together to dive deep into the current lumber market. Matt kicks it off with an engaging update about last week's mood at the Inland golf outing. Gregg follows up with a detailed breakdown of today's housing starts data, providing valuable insights for our listeners. The team then takes a comprehensive look at the market, analyzing supply and demand trends. Plus, did Ashley call a bottom in lumber? Tune in to find out! We wrap up the episode with a fun segment of marry, date, or dump, which we haven't done in a while.

EP 83: The Lumber Zeitgeist: Market Insights with Dustin Jalbert

In this episode, we're joined by Dustin Jalbert, Senior Economist at Wood Products Fastmarkets RISI, to unravel the current zeitgeist of the lumber market. Ever wonder what's going on with supply and demand? We've got you covered as we dive deep into consumption and production figures. We also share our projections for the housing market through the rest of 2024 and into 2025. Plus, we'll update you on the ongoing US/Canada cross-border lumber dispute. If you want to get a true feel for the pulse of the lumber world, this is the episode you can't miss!