Lumber Connection

Lumber Connection

By SBCABusiness
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Lumber Connection episodes

  • June 16, 2022: Availability Causing Short-term Cost Stability
    Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. As buyers continue to keep inventories low, both guests say there is plenty of activity in the market and deals take some effort to find. While high-strength products may be open to correction, web stock may have bottomed out. The best news is material is now widely available and can be delivered in a timely manner. 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.
    18 min
  • June 2, 2022: Is the Market Bottom Near?
    Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Buyers continue to keep things close to the vest, keeping low inventories. Lumber costs continue to drop, which may soon lead to curtailments in some mills. Both guests agree that even if a recession does manifest for a period of time, housing will likely remain largely insulated so the market bottom may be near given ongoing demand. 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.
    16 min
  • May 19, 2022: Is a Lumber Buying Surge on the Horizon?
    Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Buyer inventories remain low and housing starts are strong, but production appears to be doing a good job keeping up with supply. Given this environment, both guests agree the market appears ripe for a large surge in buying in the next 30 days. There is also an extended conversation on the reality of the “new normal” and how it will continue to impact the lumber 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.
    24 min
  • May 5, 2022: Market Robust, Expect Choppiness Ahead
    Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. The market remains robust as the construction industry enters its peak months. Transportation issues appear to have shifted from the West to the Midwest and South, and swings up and down have been “sneaky” in their movement, so expect choppiness ahead. 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.
    24 min
  • April 21, 2022: Spring Buy is Here; Supply Available
    Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Springtime purchasing is underway, with component manufacturers being very active in filling inventory for the next 90 days. While demand is growing, persistent transportation challenges are moderating and supply is available at a level that is creating stability in the market over the next 30 days. 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.
    18 min
  • April 7, 2022: Spongy Market May Offer Short-term Deals
    Justin Binning and Jeff Hoggard with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Shipments are increasing out of Canada, easing some supply constraints, but inventories remain low while demand stays strong. With ongoing transportation challenges, the market is “spongy” in the short-term with deals likely to be found in certain species and grades. 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.
    21 min
  • March 24, 2022: Volatility is Growing; Small Inventories More Risky
    Ken Timmins and Jeff Hoggard with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Both guests address volatility beginning to edge into the market and transportation issues that continue to plague Canada and the Pacific Northwest. They warn that keeping inventories under 60 days is potentially risky at this time. Ken and Jeff also touch upon the impact of big box stores and the lumber futures market. Ken has been with AIFP since 2017, specializing in Fir species, Jeff has been with AIFP since 2012, specializing in MSR and European lumber. Both specialize in high grade lumber for the component manufacturing industry.
    17 min
  • March 10, 2022: Amidst Global Uncertainty Make Prudent Purchases
    Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Both guests talk about how global uncertainty makes forecasting particularly difficult, but the market remains strong with a large amount of volume changing hands. While there may be occasional deals to be had, it's important to remain prudent as the market will likely continue the upward 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.
    16 min
  • February 24, 2022: Market Should Continue Upward Climb
    Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Both guests agree the market will likely continue upward over the next 90 days, though likely not along a smooth curve. It is clear buyers are keeping lower inventories and buying in smaller quantities. Delivery wait times will likely continue to extend due to transportation logistic challenges. 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.
    21 min
  • February 10, 2022: Is a Steady Market Climb Ahead?
    Justin Binning and Ken Timmins with American International Forest Products (AIFP) provide a snapshot of the current lumber market. Ken and Justin remark the market is replicating the 2021 cycle, particularly as strong demand picks up as buyers prepare for the spring build season. There appears to be some heavier stockpiling occurring in the last week, along with more species substitution away from Spruce. Both guests agree the trend may have a few pauses along the way but it will move upward for the foreseeable future. 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.
    21 min

About Lumber Connection

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This SBCA podcast focuses on the latest trends in North American lumber markets. The component manufacturing industry annually consumes hundreds of millions of board feet of softwood lumber and our…