We could talk about U.S. mills shut down. We could talk about Canada cutting the Annual Allowable Cut because of the Mountain Pine Beetle causing us to find other sources of lumber. But that does nothing to explain the price increase of sheetrock and other things like toilets.
I'm thinking 2% interest rates and the government pumping trillions of dollars into the economy have more to do with lumber prices than the real cost of lumber products. Lumber trading price has gone from $319.70 in 4/2020 to $1372.50 in 4/2021 and that has done nothing to slow new home building. They can not build new homes fast enough around me. New subdivisions popping up everywhere.
Let the feds raise interest rates and watch how fast lumber prices fall. And I don't think that is likely to happen in the near future.
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Today's Featured Article - Product Review: Black Tire Paint - by Staff. I have been fortunate in that two of my tractors have had rear tires that were in great shape when I bought the tractor. My model "H" even had the old style fronts with plenty of tread. My "L" fronts were mismatched Sears Guardsman snow tires, which I promptly tossed. Well, although these tires were in good shape as far as tread was concerned, they looked real sad. All were flat, but new tubes fixed that. In addition to years and years of scuffing and fading, they had paint splattered on
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