April 21st, 2021- Cue the Lumber Crisis!

Can someone explain to me this lumber crisis? Where did all the wood go? 2-6 month wait on ordering our rental cabins. Which, cool, I’m used to waiting at this point—but—where is all the wood?? I’m glad we are not building our big house this year and switched from wood to steel and glass. It seems like the Hunger Games in the construction industry right now!! Maybe our rentals need to be steel and glass too?! Hmmmmm…..

COMMENTS:

Jami JoWell, it is apparently because of the ship that got stuck and from all the damage still to be fixed here in Iowa and now in Texas.
- Rachel McCash Cronin Jami Jo ohhh yes I remember hearing about the boat. Hmmmm….
- Jami Jo Rachel McCash Cronin Yup, honestly though with the amount of trees still down in Cedar Rapids I can’t imagine how they are running out. I think its deeper buuuuttt whatever, this is what they are saying. All construction supplies are extremely limited
Randi LynnHave you ever considered having the lumber sourced from your property?
- Rachel McCash Cronin Randi Lynn yes! We may do that actually. It would mean not ordering through our current manufacturer though and building the entire thing locally. Which would be cool tool. Hmmmmm….
- Randi Lynn Rachel McCash Cronin I think it would be awesome! My dad’s house has I believe 15 different wood species in it. He loves walking people through the house explaining each one. It’s his pride and joy lol
- Rachel McCash Cronin Randi Lynn my husband is saying waiting for our wood to dry would take the same amount of time to wait for the lumber to be stocked —pros and cons
- Randi Lynn Rachel McCash Cronin yes, that is true!
Kayla ClarkI think another big reason is demand. Because of all the shutdowns over the last year and interest rates going down there was a huge spike in people building or buying lots of lumber for projects. That’s why lumber prices skyrocketed.
Rich ParkinsonInterruptions in supply chains. So many intricate pieces that brought us here. There is much to be learned about how the tiniest shift in one aspect of anything can have such a domino effect, both good and bad.
Kim MacLurgShut downs last March/April, then the Canadian border shut down to lumber due to a lawsuit, demand up an insane amount. It’s crazy right now
Indrek KuldkeppLots of money was printed and distributed. Apparently they forgot to print additional lumber/steel.
- Rachel McCash Cronin Indrek Kuldkepp haha this is true!! We are perfectly okay with waiting. Our driveway is taking forever anyways (which we will need for the Avrame deliveries)—so all in Gods timing!!
Mike KasperWait til ya price steel too. It’s ridiculous. Shortages on concrete pipe wood electrical all of it. Be patient don’t overpay if you don’t have too. You’ve been patient up til now.
- Rachel McCash Cronin Mike Kasper yes! We are determined and perfectly okay with waiting at this point. It will all work out! Just crazy times
Sally DunnFrom what I understand it’s more than lumber. I’ve heard appliances too.
- Jayme Marquez Sally Dunn it’s pretty much EVERYTHING
- Rachel McCash Cronin Sally Dunn yes I’ve seen a few people talk about waiting 8 months for appliances and they never showed! It’s so crazy right now!
- Jayme Marquez Rachel McCash Cronin oh please not appliances , our new house has ZERO…I guess we’ll be cooking over the fire and using the root cellar if that’s the case
Rachel McCash CroninSo, what I’m seeing is…. lumber is the new toilet paper?? https://markets.businessinsider.com/commo…/lumber-price…MARKETS.BUSINESSINSIDER.COMLumber PRICE Today | Lumber Spot Price Chart | Live Price of Lumber per Ounce | Markets InsiderLumber PRICE Today | Lumber Spot Price Chart | Live Price of Lumber per Ounce | Markets Insider
- Rachel McCash CroninThis is good news though by the end of the year? https://www.bloomberg.com/…/sky-high-lumber-prices-to…BLOOMBERG.COMSky-High Lumber Prices to Drop by Year-End, Analyst SaysSky-High Lumber Prices to Drop by Year-End, Analyst Says
Alicia K HardimonIf I were you I would buy a saw mill and either hire someone to or do it yourself. So much more sustainable and FREEEEEE Besides the labor to fall and process the trees.
Rachel M CaminitaSupposedly Home Depot bought a lot of stuff that most mom and pop stores can’t get but Dash and 84 Lumber has prices skyrocketing.
- Mike Kasper Rachel M Caminita osb sheets that were $11 a sheet are now over $40 even at Home Depot. 2×4’s that are normally 2.50 are $7. And that’s even at Home Depot that buys alot
Briana JohnsonWhat if the tarrifs were lifted on canadian lumber? .
Rachel M CaminitaIt’s like this for anything. Appliances, shutters, windows, doors, etc
Jennifer ParkeDoes it have anything to do with the fires?
Marie KeeneLumber went up when Biden went into office. No joke! One of my good friends is a builder and said prices jumped almost instantly
- Rachel McCash Cronin Marie Keene
- Marie Keene Rachel McCash Cronin
- Rachel McCash Cronin Marie Keene
- Briana JohnsonIt actually went up quite a bit when Trump imposed the 20% tarrifs on canadian lumber. Not saying biden isn’t a turd muncher but just clarifying what happened.
- Marie KeeneMy friend said his prices were down durning trump. Lots more US instead of imported kept prices lower. I’m sure that Trumps Tariffs caused Canadian lumber prices to be higher makes sense.
- Tom SmokoffI’m sure forrest fires caused a jump in lumber prices too. As did importation issues… blaming it all on politicians… doubtful.
Rick GillitGotta look at the Lumber Futures Market traded on the Chicago Mercantile. That’ll answer your questions.
Cameron Davis ReesRemember those fires people were setting intentionally all over the West coast? A lot of that would have been going to lumber yards. Supply and demand.
Ken TschappatThe wood is going into plywood, to cover the first and second story of the windows downtown, of any city where the mayors permit rioting and looting.
- Rachel McCash Cronin Ken Tschappat it’s so ridiculous!!
Dawn StrateInsulated cement. Have you looked into it?
- Rachel McCash Cronin Dawn Strate I haven’t
Roman OwensYou can’t even buy a house out here in Tampa for 6 months its so bad
Tom SmokoffIt seems…What goes up… no longer comes down. I’m a manufacturer who’s not raised my prices in a decade and with all of my parts becoming more expensive, it will soon leave me no choice other than to raise my prices.The trickle down effect.
Adrianne ReyesYes lumber prices the last year have become ridiculous!
Tatiana EvansThe housing market is to blame.When prices of homes started going up, saw mills wanted a “fair share”.There is no lumber shortage. There have been plenty of saw mill employees and semi truck drivers that drive the lumber that have all come out and said that there is 0 shortage. The saw mills are hanging on to their product and raised the prices to reflect what builders are getting.They basically said “If this is what you’re selling houses for now, I’m going to I turn raise my prices since it’s worth more now” and builders literally said “I’ll wait a few months for the price to come down” but it never did which then caused a huge back order of lumber because everyone played a “let’s wait and see game” while lumber did nothing but continue to come up.Builder’s didn’t want to be reasonable and pay what would be market value in comparison to how much they’re now selling new homes because they can’t change the contractual agreement to build said house for X amount of dollars so now they’ve just pushed everyone’s build date out.Soo much greed is happening in the building world right now and it’s hard to put blame on saw mills for wanting what their product is now worth.This one of many reasons why I do not see the housing market crashing anytime soon.I will say Trump’s taxes did play a vague part but not enough to triple/quadruple the price of a piece of wood!
Heather Ann LuiIt’s crazy! Even concrete is being affected and sometimes my husband has jobs he can’t do because there’s a shortage. So if you don’t get your concrete orders in immediately when they open then they are out and you can’t do your job. So frustrating for all construction jobs right now!!We just built a huge detached garage during covid and the wait for things like lumber and doors was insane!!!!!
Cindy DickersonWelcome to Bidens America, it’s going to get worse….this is nothing…just wait