LUMBER AND COMMODITY REPORT – September 2017 by Don Magruder, CEO of RoMac Building Supply After two land-falling hurricanes striking the United States, the Ro-Mac Lumber & Supply, Inc. Wood Commodity Index (Index) jumped 8.8 percent to $440.13 per thousand. The need for sheathings drove the market upward while quieting down the normal building in Texas and […]
LUMBER AND COMMODITY REPORT – August 2017 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Wood Commodity Index (Index) increased 2.3 percent to $404.56 in a market which is best described as mixed. Strong increases in OSB propelled the Index into positive territory as most species of wood products jockeyed for […]
LUMBER AND COMMODITY REPORT – July 2017 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc Wood Commodity Index (Index) is firmly strapped in the pricing rollercoaster as it dropped 9.1 percent last month while increasing 7.5 percent this month. The continued upheaval on the U.S.A—Canada Softwood Lumber Agreement along with duties […]
LUMBER AND COMMODITY REPORT – May 2017 by Don Magruder, CEO of RoMac Building Supply Over the last 30 days, the Ro-Mac Lumber & Supply, Inc. Wood Commodity Index (Index) drifted downward as pricing may have bumped its high point. The Index dropped in total 1.5 percent or $6.32 per thousand. The initial countervailing duties on Canadian […]
LUMBER AND COMMODITY REPORT – April 2017 by Don Magruder, CEO of RoMac Building Supply The pricing roller coaster is in full operation this spring and for most builders the ride is rough. Over the first three months of the year, the wood markets have been up high, down some, and up high again. A warmer winter, trade […]
LUMBER AND COMMODITY REPORT – February 2017 by Don Magruder, CEO of RoMac Building Supply If you have never experienced sticker shock in your life—prepare yourself. The Ro-Mac Lumber Wood Commodity Index for February 2017 soared an unimaginable $47.81 per thousand to $381.91, which is a whopping 14.3 percent increase. Nothing in the Index went down, and […]
LUMBER AND COMMODITY REPORT – January 2017 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Wood Commodity Index for January 2017 drifted down slightly to $334.10 per thousand or six tenths of one percent. Spruce settled lower on average at $12 per thousand, while most pines were flat to single digit […]
LUMBER AND COMMODITY REPORT – December 2016 by Don Magruder, CEO of RoMac Building Supply The declines in last month’s Ro-Mac Lumber & Supply, Inc. Wood Commodity Index (Index) were reversed as builders and suppliers became optimistic for a brighter 2017 after the presidential election. The Index increased 4.3 percent to $336 per thousand, with all sectors […]
LUMBER AND COMMODITY REPORT – November 2016 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Wood Commodity Index (Index) decreased 4.1 percent, as the wood commodity markets tried to sort out demand, seasonal changes, and the new political direction in America. Uncertainty at the beginning of winter does not bode well […]
