Lumber Connection

Jeff Hoggard and Ben Rist with American International Forest Products (AIFP) provide a snapshot of the current lumber market.  Weather has contributed to a delay in many projects, which has pushed both the spring buy season as well as allowing logging in some regions of the country. While the market is slow this far into the year compared to recent years, once weather stabilizes, it’s anticipated the market will become more robust very quickly. Jeff has been with AIFP since 2012 with a focus on U.S. Fir species and MSR, and Ben recently joined AIFP and specializes in low grade lumber out of the West. Both specialize in lumber used in the component manufacturing industry.

Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. With Spring and better weather ahead, the market will get steadily busier in the weeks ahead. While buyers currently in the market are finding good deals, both guests agree the current slow market may lead to a build up in latent demand once the spring buy season begins. It is possible that if costs remain low, more mills may be motivated to further curtail production. 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 guests feel there is value to be had in the market to cover the spring buy, however there is a sense that the market will get very busy soon, which will drive up costs quickly. Spring weather is an unknown variable that will likely have an impact on availability of some species and sizes. 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. After five weeks of heavy activity in the market, both guests agree it appears to have entered a “digestion” period. In the short-term, supply will outstrip demand until the spring buy season starts, which means now is a very safe time to get a good deal. 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. After a bit of a slow start to 2023, buyers are back in the market and sharing that business is ramping up. Prices are slowly creeping upwards with several factors at play. Justin and Ken expect a large Spring buy and suggest that now is the time to be mindful of your inventory. 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. Buyers are cautiously re-entering the market as the year starts, following a four-weeks off, two-weeks on buying pattern. Justin suggests studs will likely move upward in the short term, with web stock moving with it; chord stock costs will be size and grade dependent. Both guests agree it makes sense to secure a 45-day inventory given the market will likely remain very stable and deal-oriented over the short term. They also discuss the potential impact of mill curtailment in the U.S. South. 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) discuss the lumber market with guest Larry Dix II, owner of Apex Truss. This special edition is taken from the live recording of the Lumber Connection podcast at BCMC in Columbus, Ohio, on September 14. Larry, Ken and Justin share information and strategies for lumber sourcing, managing inventory and recalibrating costs to adapt to the market.

Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Both guests agreed that as the market heads into December it will continue to soften, which will create more opportunities for buyers to find deals. The one exception will be MSR, which will continue to be heavily constrained. 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. With some uncertainty heading into the start of 2023, lumber market activity has softened, though it has remained active. Most species, lengths, and grades, barring MSR, have remained relatively stable. However, with most buyers keeping low inventories activity could pick up at any time. Justin and Ken also weigh in on getting multiple stamps on shorter lengths of lumber. 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. Supply continues to remain strong against demand, but lumber curtailments will likely kick in soon which may have a slight impact. Both guests believe the market will remain stable in the near term, with certain grades and sizes experiencing periodic tightening. Transportation is more reliable as well, meaning buyers should be able to exercise the purchasing strategy they are most comfortable with at the moment. 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.