Page 7 - Random Lengths News Today

WY earnings call for the period ending September 30, 2021.

PCH earnings call for the period ending September 30, 2021.

Lumber futures peaked above $1,700 during the spring, and prices, although rising, are nowhere near that point.

Operator Good day, and thank you for standing-by. Welcome to the Louisiana-Pacific Corporation Q2 2021 Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that todays conference may be recorded. [Operator Instructions] I would now like to hand the conference over to your speaker today, Aaron Howald, Investor Relations. Please go ahead, sir. Aaro...

Operator Ladies and gentlemen, thank you for standing by, and welcome to the UFP Industries Second Quarter 2021 Earnings Conference Call. [Operator Instructions] I would now like to hand the conference over to your speaker, Mr. Dick Gauthier, Vice President of Business Outreach. Dick Gauthier -- Welcome to the second quarter 2021 conference call for UFP Industries. Hosting the call today are CEO, Matt Missad; and CFO, Mike Cole. Matt and Mike will offer prepared remarks, and then the call will...

NAHB/Wells Fargo Housing Market Index shows builder confidence dip to its lowest level since last August, but research supporting those numbers was done before lumber prices had convincingly tumbled

Wood product prices are setting new records almost daily, and lumber prices are now up 67 percent in 2021 and up 340 percent from a year ago.

by Tyler Durden Saturday, Jun 05, 2021 - 08:45 AM Lumber futures on Chicago Mercantile Exchange fell -3.1% to $1,284.20 per 1,000 board feet, extending last weeks first loss since January. For the last 18 trading sessions, lumber prices have come under pressure amid signs that an unprecedented rally may be waning.  Citing data from trade publication Random Lengths, CIBC analyst Hamir Patel told Bloomberg that Western spruce-pine-fir prices decreased $130, or -8.1%, compared to last weeks $1,4...

As the cost of wood increases, there have been reports of a recent surge in lumber theft. Calgary Police say that they have always dealt with theft from construction sites; however, they started to notice an uptick in lumber theft around the end of last year’s construction season. Low theft levels were seen throughout the winter, but there has been another recent increase as the weather has gotten warmer, including some incidents in which lumber has been stolen from trailers on transport truc...

May 27, 2021   LADD – It’s no secret that lumber prices have skyrocketed due to the pandemic and the strain is hitting Habitat for Humanity’s Ladd build like a ton of bricks. Since the start of the pandemic lumber prices have steadily up-ticked for a number of reasons, like the closure of mills nationwide and all those, “do-it-yourselfers” itching to get projects done at home. Pete Loveland, General Manager at Maze Lumber in Peru says the local situation is a microcosm of what’...