Lumber Connection

Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. While the power remains in the hands of the lumber buyer, trading is starting to heat up with many species, grades, and sizes. Both experts observed that most of the higher-cost lumber has been worked through and, overall, the market has found a point where volume is increasing again. While mills will continue to seek movement upward, there are no current curtailments or transportation choke points. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine and Ken has been with AIFP since 2017, specializing in Fir species. Both specialize in high grade lumber for the component manufacturing industry.

Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Summer weather is impacting construction, helping to prolong the current oversupply of most lengths and sizes of lumber. As the market drops, mills will likely begin to reign in production to restore a balance between supply and demand. Both experts agree now is a good time to invest for the fall before demand may again outstrip supply. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine and Ken has been with AIFP since 2017, specializing in Fir species. Both specialize in high grade lumber for the component manufacturing industry.

Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. The recent drop in the market can be attributed to a glut of lumber suddenly available on the market. Given this has occurred during a busy summer, the oversupply of lumber should be worked through relatively quickly. Both experts agree now may be a good time to look at your expected demand into the fall and look for deals to take advantage of today. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine and Ken has been with AIFP since 2017, specializing in Fir species. Both specialize in high grade lumber for the component manufacturing industry.

Justin Binning and Jeff Hoggard with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Jeff joins the podcast as a special guest and joins Justin in looking at the causes behind the continuing drop in the lumber market. Orders files are catching up, but there may be multiple events that could reverse the current trend including wildfires, transportation logistic challenges, and a surge in buying. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine and Jeff has been with AIFP since 2012, specializing in Fir species. Both specialize in high grade lumber for the component manufacturing industry.

Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Demand has come off in recent weeks leading to greater availability and a drop off in cost for most lumber species and sizes. Transportation logistics have also improved slightly, meaning both rail cars and trucks are easier to find than in recent months. Both experts advise that its hard to know exactly where the bottom is, but it is likely fast approaching and it is advisable to watch closely and stay active. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine and Ken has been with AIFP since 2017, specializing in Fir species. Both specialize in high grade lumber for the component manufacturing industry.

Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. DIY is cooling off, causing the big boxes to take a tiny step back, and weather has put the brakes on some regional projects. This temporary ease on demand has created some opportunity to find lumber at lower cost, but both Justin and Ken agree this relief will be short-lived and now is the time to be aggressive. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine and Ken has been with AIFP since 2017, specializing in Fir species. Both specialize in high grade lumber for the component manufacturing industry.

Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Transportation continues to be a major stumbling block for getting available lumber through the pipeline to the manufacturing facility and the jobsite. Demand is still very strong, and mills have made more material available, through some products like MSR and web stock can still be difficult to find. They suggest there may be an opportunity ahead and now would be a good time to be active in the market before the next surge occurs. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine and Ken has been with AIFP since 2017, specializing in Fir species. Both specialize in high grade lumber for the component manufacturing industry.

Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Both experts agree the current trajectory of the lumber market is a reflection of the positive outlook the construction supply chain has about current and future demand. They talk briefly about tariffs on imported Canadian softwood lumber and other potential federal interaction and how any action now is too little too late. The current constraints on lumber production have more to do with systemic labor and logistic limits that are the result of the last housing bust and very slow recovery. They agreed that every mill is operating at full capacity given the systemic constraints and supply will still be limited. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine and Ken has been with AIFP since 2017, specializing in Fir species. Both specialize in high grade lumber for the component manufacturing industry.

Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Both experts express their frustration and exhaustion with the current lumber market due to the lack of supply in almost every species and grade; demand has far outstripped current supply on every level and there does not appear to be any relief in the near future. For the panel market, not only is wood fiber scarcity an issue, there is also a significant resin shortage that is making OSB and plywood incredibly difficult to source. Until the factors that are prompting incredibly strong demand change, the current market conditions will likely continue. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine and Ken has been with AIFP since 2017, specializing in Fir species. Both specialize in high grade lumber for the component manufacturing industry.

Justin Binning, Ken Timmins and John Vranizan with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Justin and Ken observe why the lumber market will continue to trend upward and lumber availability will get more difficult as mill order files get longer. All three also explore ongoing transportation challenges that will get worse before it gets better. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine and Ken has been with AIFP since 2017, specializing in Fir species. Both specialize in high grade lumber for the component manufacturing industry. John has been president of AIFP since 2011 after 21 years as an award-winning trader at the company.