Lumber Connection

Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. With a mill strike at an end, there is an expectation there will eventually be more western SPF available in the market. While SPF eases, Southern Pine has heated up recently and MSR continues to be difficult to source. Both guests agree the strength of the housing market will weather the headwinds it is currently facing. 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. A lumber strike, combined with relatively low cost levels, is causing western lumber buyers to drive heavy market activity to cover their traditional sourcing and procure inventories through the end of the year. Southern pine continues to stay stable, while MSR remains difficult to source reliably. Both guests advise buyers to not let cost levels slightly above average keep them from being active in the market as this will likely be the near-term trend. 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. Justin reports SYP visual grades appear to be leveling off again, but MSR continues to be tight due to seasonality, contracted volume, and reductions in SPF MSR production. Ken says in western species there continues to be a disconnect between the level buyers want to buy and the sellers want to sell. Both guests agree there is considerably less fear in the market today, largely taking emotion out of buying. 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. They provide their perspectives on their experience at BCMC in Columbus, Ohio. Both guests agree the market is very stable right now, with small disruptions like announced mill curtailments and the threat of a rail strike barely causing a ripple. That said, there are still pockets of rapid movements within certain species and grades that underscore the importance of remaining engaged in the market. 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. Ken and Justin said there are many factors that indicate the market is more stable than over the past 18 months. However, there are several things that threaten to strain the system, from labor strikes and mill curtailment, to transportation logistic challenges and uncertainty about the overall economy. Larry shared how he has changed how he stays active in the market and how his purchasing habits have changed as a result of market volatility.

Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. The guests agree that while demand continues to be strong, supply is slightly outpacing it leading to a relatively steady market. However, with inventories remaining low and the future of housing and the economy ahead, it’s important to remain engaged in the market. Just a reminder the Lumber Connection Podcast will be conducting a live recording at BCMC in Columbus, Ohio, on Wednesday, September 14, submit your questions ahead of time! 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. Trading has heated up and the market appears to be on a short run that could last into the fall. Both guests recommend staying active and keeping inventories healthy as demand is expected to stay strong into the fourth quarter. The guests also address recent mill curtailments and other factors potentially driving costs up in the short term. 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. Both guests agree the current market has settled into a relative equilibrium, with short-term ups and downs staying within a small window. Inventories on the ground remain low, so it continues to be important to stay active in the market as deals are fleeting. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine, and Jeff has been with AIFP since 2012, focused on MSR and European lumber. Both specialize in high grade lumber for the component manufacturing industry.

Justin Binning and Joe Griffith with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Buyers continue to purchase lumber as needed, but order files appear to be getting farther out as wildfire and hurricane seasons begin. Both guests indicated it looks like the market will likely follow a more traditional pattern into the fall unless there are natural disaster disruptions. Joe also provides perspective on how lumber trading has evolved over his 25-year career. Justin has been with AIFP since 2010 with a focus in Southern Yellow Pine and Joe has been with AIFP since 1996 and manages the lumber sales department. 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 appear to be building and/or refilling inventory in the past week, creating a bit more competition for certain sizes and lengths. Out of the West, web stock has experienced the fastest uptick, and overall lumber costs appear to be moving upward. Both guests feel the market has stabilized, for now, and there doesn’t appear to be anything in the near horizon that would upset that equilibrium. 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.