Mike Logelin (Gulf Coast Shelter) is back and breaking down what it really looks like to build a lumber business from the ground up—team building, growing pains, and why patience matters in today’s market. Then the crew dives headfirst into one of the most dynamic setups we’ve seen in a while: tightening supply, exploding low-grade pricing, and a freight market that’s turning everything upside down.

0:00 – Intro + Mike Logan returns

1:00 – Building a trading team from scratch (startup realities)

5:00 – Hiring, training, and the next generation in lumber

7:45 – Market kickoff: everything moving higher

9:00 – Texas demand, low inventories, and species substitution

12:00 – Low-grade explosion (why #3 is driving the bus)

16:00 – Hem-fir + western market tightness

17:45 – Southern Yellow Pine surge + short positions

19:30 – Freight chaos: trucks disappearing, costs spiking

23:00 – Why logistics = real pricing power right now

27:00 – Regional markets tightening due to freight

29:00 – When does the “panic buying” moment hit?

30:30 – Global flows (Euro, Middle East disruption)

33:30 – Macro curveballs: rates, crypto, housing demand

36:30 – Inventory positioning: who’s exposed right now

Guest

Mike Logelin

President-Gulf Coast Shelter

[email protected]

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]