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Strategies & Market Trends : Value Investing

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E_K_S

To: E_K_S who wrote (66769)	3/3/2021 4:25:11 PM
From: DinoNavarre	1 Recommendation Read Replies (1) of 78958

Hi EKS... Some of this stuff might be worth keeping an eye on too..... Currently plenty of lumber supply/demand issues throughout most of the world..... Wonder if spring/thaw will slow things down up north? 2X4 prices & housing starts key indicators.... Do you see the nearing end of covid in the US/Canada supplying plenty of more homes (not new construction homes) for sale into US/Canadian real estate markets? The US is increasingly dependent on overseas lumber supply as Canadian softwood lumber production continues to decline... Russia’s proposed log export ban in 2022 will have a far-reaching impact on global forest product markets.... Meanwhile, log supplies at sawmills across North America were plump to robust, but transportation was very difficult, especially on the rails. Large equipment suppliers for logging and trucking reported being booked out for 24 solid months. China extends tariff exclusions on imported hardwood lumber, logs... Current lumber, pulp and panel prices Latest NA lumber rail traffic.... Holy criminy ... #sawmills need to ramp up, this is going to take more than a year to work through: "There is a rising count of new homes offered for sale that have not started construction: total of 81k now. That's a 45% gain from a year ago." #lumber #softwood #housing https://t.co/lGOBLlE07L — Madison's Lumber Prices (@LumberNews) February 24, 2021

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