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Don’t Forget! You Saw it in the
October 2021 #13267 Page #102
Adverti$$er
Lumber Briefs By Matt Layman Publisher, Layman’s Lumber Guide
Lumber Market Conditions and Strategies
M
Softwood Framing Lumber Market FORECAST
y rhetoric has been leaning towards the bearishIt's side because buyers not even be looking easy when you know should what's coming. Layman, Narrator for lumber in October. The strategy of buying in lateMatt August to cover through early November was to avoid having to buy right now, the end of September.
The lumber market should have been going up in September and buyers should have been telling suppliers, “No thanks, I bought a month ago and I’m good for another month.” To maximize the usefulness of LLG MARKET CONDITIONS & STRATEGIES FORECASTS & BRIEFINGS, users should be in a financial condition and have appropriate space to carry a minimum 8–10 weeks inventory. That is the common link they all possess...similar lumber styles. Over should Bought,be Yes Early going off when suppliers report good sales and rising prices. We are in the There noItsalarms My rhetoric has been leaning towards the bearish side because buyers should not even be looking for lumber in bottomOctober. chop. The plan is of tobuying avoidinanything unpredictable in September andwas October and right it’s now, looking The strategy late August to cover through early November to avoid having to now buy right the end of September. very, very normal...even futures. The futures premiums are high but the direction is dead on, ratcheting higher The lumber market should have been going up in September and buyers should have been telling suppliers, "No thanks, through September. I bought a month ago and I'm good for another month." To maximize the usefulness of LLG FORECASTS & BRIEFINGS,
users should be in a financial condition and have appropriate space to carry a minimum 8-10 weeks inventory. That is the common link they all possess...similar lumber styles. The momentum behind this burp was a massive industry shift away from speculative and just-in-time There should be no alarms going off when suppliers report good sales and rising prices. We are in the bottom chop. or from theiranything strategyunpredictable was to “JUST-IN-CASE”...including and builders. sectors have Thewhatever plan is to avoid in September & October and rightframers now its looking very, veryAll normal...even futures. The futures premiums are high but the direction is dead on; ratcheting higher through September. insuranceThe wood. momentum behind this burp was a massive industry shift away from speculative and just-in-time or from whatever their strategy was to "JUST-IN-CASE"...including framers and builders. All sectors have insurance wood. week's Overlook Obvious is anisitem that should be at the topthe of the list. That is "STORAGE". Public ThisThis current Overlooked Obvious an item that should be at topshortage of the shortage list. That is “STORAGE.” warehouses, reloads, distribution centers, containers, lumber sheds, yard space...there is virtually no where to put any Publicvolumes warehouses, reloads, distribution centers, containers, lumber sheds, yard in space...there is virtually of lumber and panels due to the "JUST-IN-CASE" buying strategies implemented September. This market is no L O O K I N G F O R W A R D . . .ML already grossly over bought. October should serve up some weakness. where to put any volumes of lumber and panels due to the “JUST-IN-CASE”
buying strategies implemented in September. This market is already grossly over bought. October should serve up some weakness. Looking Forward...ML Week 1600 1500 1400 1300 1200 1100 1000 900 800 700 600 500 400 300
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The lumber market really is easy when you know what is coming. For the LLG PHD in lumber trading, buying, and selling, classes resume in November (max 20 attendees). Email me for details (matt@laymansguide.com), call me for a private consultation (336.516.5584), or visit The Minute Clinic at BCMC. www.laymansguide.com. PHONE: 800-289-5627
••• The lumber market really is easy when you know what is coming. Read/Subscribe online at selling www.componentadvertiser.com ••• LLG PHD umber trading, buying and classes will resume in November. Max 20 attendees. Email me for details.
FAX: 800-524-4982