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It has to do with supply, demand, and of course, COVID-19 Author: Joe Raineri (KGW) Updated: 10:15 PM PDT April 21, 2021 PORTLAND, Ore. Lumber prices have nearly quadrupled in the past year and show no signs of stopping. Not just big lumber used for large construction jobs but even the plywood someone might use to build a fence or repair a deck. The sticker shock you might be feeling is all about supply and demand and a little about COVID-19. The director of purchasing and finance with Renaissance Homes, Marc Hartman, said last January it cost him about $8 for a sheet of plywood. Today, that price is closer to the mid-$40 range. In some cases, it’s costing $20,000-$25,000 dollars or more to build a home with just the high cost of plywood alone. ....
New method to predict future lumber price changes farmprogress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from farmprogress.com Daily Mail and Mail on Sunday newspapers.
Print CORVALLIS, Ore. - At a time when lumber prices are skyrocketing, an Oregon State University researcher says he has developed a new way to predict the future price of logs that uses readily accessible economic information. Log prices are really variable, said Jeff Reimer, a professor of applied economics at Oregon State. That makes this a difficult business, whether you are land manager, mill owner, timberland investor or, as we are seeing now, a home builder. The timber industry is critical to the economy of many regions of the world, including the Pacific Northwest. The health of the timber industry can be measured in various ways, including harvest levels, employment in timber harvesting and at mills, and lumber demand. Yet the prices of cut and delivered logs may be the most direct way to monitor the condition of timber markets, Reimer said. ....
As lumber prices skyrocket, professor develops method to predict future price changes eurekalert.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eurekalert.org Daily Mail and Mail on Sunday newspapers.
As lumber prices soar, OSU professor develops way to predict price changes OSU Cross laminated timber is studied in a laboratory at Oregon State University. CORVALLIS, Ore. (KTVZ) – At a time when lumber prices are skyrocketing, an Oregon State University researcher has developed a new way to predict the future price of logs that uses readily accessible economic information. “Log prices are really variable,” said Jeff Reimer, a professor of applied economics at Oregon State. “That makes this a difficult business, whether you are land manager, mill owner, timberland investor or, as we are seeing now, a home builder.” The timber industry is critical to the economy of many regions of the world, including the Pacific Northwest. The health of the timber industry can be measured in various ways, including harvest levels, employment in timber harvesting and at mills, and lumber demand. Yet the prices of cut and delivered logs may be the most direct way to m ....