A buddy had an older pine plantation thinned the other day on a place he's going to build his house. Ended up with 8 loads of hardwood pulpwood. Said he got $1 a ton for it.
A buddy had an older pine plantation thinned the other day on a place he's going to build his house. Ended up with 8 loads of hardwood pulpwood. Said he got $1 a ton for it.
A buddy had an older pine plantation thinned the other day on a place he's going to build his house. Ended up with 8 loads of hardwood pulpwood. Said he got $1 a ton for it.
Dang I got $10 a ton when I cut years ago.
Would walk over a naked woman to get to a gobblin turkey!
Well damn...I was hoping lumber prices would start trending down in 2021, nope wrong. This dude has a small but informative YouTube channel I came across last year. I guess I'm thankful I'm not needing to build right now.
I watching and wait for this feller to give his usual lumber update. Its about the best source of info i've seen when trying to stay up to date.
It doesn't look to be coming down anytime soon. I repriced some of my lumber package to see how much of an increase there was compared to July and it was about 9k higher, which may be manageable running numbers and cutting cost elsewhere and it other material prices dropped.... the problem with going ahead and starting would be if material ran dry and you was stuck for an extended time with a half done project and time ticking.
The only thing i'm wondering is with interest rates so low, are people biting the bullet on the higher priced lumber just to get locked in with a low rate. I hadnt' ran the numbers but id bet 1-1.5% across a 30yr mortgage adds up. The time has probably passed with catching both material and interest rates low at same time.
Travis, ya I'm just kinda watching from the sidelines right now. I would hate to be 1/3 of the way through building, the economy nosedives and I lose my job. But like you said, I wish there was a way to lock in this cheap cheap mortgage rates.
Re: Lumber price update.
[Re: Mbrock]
#3339022 01/31/2112:35 AM01/31/2112:35 AM
Well damn...I was hoping lumber prices would start trending down in 2021, nope wrong. This dude has a small but informative YouTube channel I came across last year. I guess I'm thankful I'm not needing to build right now.
I watching and wait for this feller to give his usual lumber update. Its about the best source of info i've seen when trying to stay up to date.
It doesn't look to be coming down anytime soon. I repriced some of my lumber package to see how much of an increase there was compared to July and it was about 9k higher, which may be manageable running numbers and cutting cost elsewhere and it other material prices dropped.... the problem with going ahead and starting would be if material ran dry and you was stuck for an extended time with a half done project and time ticking.
The only thing i'm wondering is with interest rates so low, are people biting the bullet on the higher priced lumber just to get locked in with a low rate. I hadnt' ran the numbers but id bet 1-1.5% across a 30yr mortgage adds up. The time has probably passed with catching both material and interest rates low at same time.
Lumber isn’t the only problem everything has gone up building wise.
Would walk over a naked woman to get to a gobblin turkey!
Re: Lumber price update.
[Re: AU7MM08]
#3339030 01/31/2105:08 AM01/31/2105:08 AM
I bought materials for a fence yesterday. A treated 2x4x8 was $10 at Lowe’s.
It was 7.77 a couple days ago. That was web site price. But out of stock. In stock is pretty much $10. Just crazy.
Last edited by CatHeadBiscuit; 01/31/2107:58 AM.
"Arguing on the internet is like playing chess with a pigeon. You may be good at chess, but the pigeon is just going to knock all the pieces down, take a crap on the table, and strut around like its victorious."--Anonymous
Re: Lumber price update.
[Re: AU7MM08]
#3339075 01/31/2108:27 AM01/31/2108:27 AM
Well damn...I was hoping lumber prices would start trending down in 2021, nope wrong. This dude has a small but informative YouTube channel I came across last year. I guess I'm thankful I'm not needing to build right now.
I watching and wait for this feller to give his usual lumber update. Its about the best source of info i've seen when trying to stay up to date.
It doesn't look to be coming down anytime soon. I repriced some of my lumber package to see how much of an increase there was compared to July and it was about 9k higher, which may be manageable running numbers and cutting cost elsewhere and it other material prices dropped.... the problem with going ahead and starting would be if material ran dry and you was stuck for an extended time with a half done project and time ticking.
The only thing i'm wondering is with interest rates so low, are people biting the bullet on the higher priced lumber just to get locked in with a low rate. I hadnt' ran the numbers but id bet 1-1.5% across a 30yr mortgage adds up. The time has probably passed with catching both material and interest rates low at same time.
Lumber isn’t the only problem everything has gone up building wise.
It’s responsible for about 95% of the price increase in building a house now vs 6mos ago.
Re: Lumber price update.
[Re: FX4]
#3339080 01/31/2108:38 AM01/31/2108:38 AM
. That is the way to do it. Do you have a contract for roads and extra large loading grounds (soon to be deer plots)? Also, if you have a creek, make sure it stays pristine.
Family had their land "Select" cut. I think they selected everything [/quote]. Now that's funny.
Originally Posted by FX4
A buddy had an older pine plantation thinned the other day on a place he's going to build his house. Ended up with 8 loads of hardwood pulpwood. Said he got $1 a ton for it.
. What? That is insane.
“If you do not conquer self, you will be conquered by self.” Napoleon Hill The most difficult thing to understand during conversation is silence. Thoreau
I had heard lumber prices going up but wasn’t sure by how much. Out of curiosity, I went back and took a look at some lumber receipts from when we built in 2016. A 9 ft select 2x4 cost $3.22 each.
Re: Lumber price update.
[Re: Skinny]
#3339129 01/31/2110:06 AM01/31/2110:06 AM
When i was at the pellet mill in Cantonement several years back doing an audit, maintenance manager told me the contracts they had for export pellets were insane. He also said said that they were multi year agreements.
Re: Lumber price update.
[Re: Skinny]
#3339134 01/31/2110:12 AM01/31/2110:12 AM
seems I read there is a wood pellet plant being built at Port of Epes in Sumter county.
I know a guy that got outta chicken biz and went to the pellet biz several years ago and I thought he was crazy at the time cuz he was set big time financially but I reckon he saw it coming and wanted to add to his empire
They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety. Ben Franklin
A buddy had an older pine plantation thinned the other day on a place he's going to build his house. Ended up with 8 loads of hardwood pulpwood. Said he got $1 a ton for it.
The contract i signed in November I got $12 per ton for hardwood pulp. But keep in mind every tract is different. Some places are thick as hell and it’s hard for them to see what they’re getting.
Last edited by General; 01/31/2112:16 PM.
"I'd rather go down the river with seven studs than with a hundred ****heads" - Colonel Charlie Beckwith Founder Delta Force
I believe it’s all by design. The building hasn’t picked up any in a few years, been stable in my area. Heard claims the mills cut production because of virus, and expected down turn in demand. I don’t buy that for a second, as much as companies spend on market research they surely knew that people spending more time at home meant more home projects. They’ve had more than enough time to catch up their supply. Take a drive anywhere in the southeast and look at how much cutting is going on. Not hard to spot the shiny new green and yellow machines all over. Landowners’ getting bent over but plenty money being made elsewhere.
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[/quote]. Now that's funny.