LUMBER AND COMMODITY REPORT – November 2014 by Don Magruder, CEO of RoMac Building Supply The Home Builders Association and Ro-Mac Lumber & Supply Inc. Wood Commodity Index (Index) for November dropped 2.1 percent to $331.78 per thousand as early wintry weather, coupled with lackluster demand, cooled pricing. 2014 has been a struggle for many areas in […]
LUMBER AND COMMODITY REPORT – October 2014 by Don Magruder, CEO of RoMac Building Supply The Home Builders Association Wood Commodity Index (Index) for October increased 0.4% to $338.80 with sheathings going up and lumber going down. One gives and the other takes away. This minimal price movement is probably an accurate reflection of the mood […]
SEPTEMBER 2014 COMMODITY REPORT – September 2014 by Don Magruder, CEO of RoMac Building Supply The Home Builders Association Wood Commodity Index (Index) for September decreased 1.8% to $337.42, as the concern last month for plywood supply, due to a mill fire in Oregon, waned. Housing starts in July were up 15.7%; however, it appears the market […]
LUMBER AND COMMODITY REPORT – August 2014 by Don Magruder, CEO of RoMac Building Supply The Home Builders Association Wood Commodity Index (Index) for August increased 1.5% primarily on mills and manufacturers controlling supply and a fire that destroyed the Swanson Mill in Springfield, Oregon. Most would agree the tepid and disappointing housing numbers had little to […]
LUMBER AND COMMODITY REPORT – July 2014 by Don Magruder, CEO of RoMac Building Supply The Home Builders Association Wood Commodity Index (Index) firmed up in mid-July, as spruce and sheathing products reversed losses from the prior month. The total Index increased 6.6% to $338.51, which is significant given the hot, steamy days of summer. Whether real […]
LUMBER AND COMMODITY REPORT – June 2014 by Don Magruder, CEO of RoMac Building Supply The Home Builders Association Lumber and Commodity Report is no doubt strapped in a seat on the roller coaster of housing uncertainty. Over the last 30 days, the Index dropped 7.0% to $317.56 per thousand; however, during the prior 30-day period […]
LUMBER AND COMMODITY REPORT – May 2014 by Don Magruder, CEO of RoMac Building Supply It is amazing what a commodity market can do in 30 days. The Ro-Mac Lumber & Supply, Inc. Wood Composite Index increased 9.5% to $341.40 per thousand with all items advancing. Maybe the spring thaw is giving way to a summer run […]
LUMBER AND COMMODITY REPORT – April 2014 by Don Magruder, CEO of RoMac Building Supply Keep in mind, the lumber and commodity markets are usually the best indicator of the strength of housing, and this month’s report indicates a housing market that is struggling for buyers. The Home Builders Association Wood Commodity Index (Index) for April 2014 […]
LUMBER AND COMMODITY REPORT – March 2014 by Don Magruder, CEO of RoMac Building Supply The Home Builders Association Wood Commodity Index (Index) for mid-March 2014 increased 3.3% to $332.88 per thousand as volatility entered the market. Manufacturers and mills desperately want bad weather to be the reason for sluggish housing numbers, and many are preemptively raising […]
