LUMBER AND COMMODITY REPORT – October 2015 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Wood Commodity Index (Index) for Central Florida in October increased 2.3%, as the dimensional and sheathing portions of the Index marginally increased. The expiration of the Softwood Lumber Agreement between the United States and Canada is […]
LUMBER AND COMMODITY REPORT – September 2015 by Don Magruder, CEO of RoMac Building Supply The beat down of the wood commodity market continued in September as the Ro-Mac Lumber & Supply, Inc. Wood Commodity Index (Index) for Central Florida dropped $7.53 per thousand (or 2.7%). Dimensional lumber continues to struggle to find a bottom while plywood […]
LUMBER AND COMMODITY REPORT – August 2015 by Don Magruder, CEO of RoMac Building Supply The wood commodity markets have been brutal for traders over the last 30 days, as most items are in full retreat. The downward spiral in these commodity markets mirrors the current deflationary tone of all commodities throughout the world. Sagging demand and […]
LUMBER AND COMMODITY REPORT – July 2015 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Wood Commodity Index (Index) dropped 0.6 percent, or $1.71 per thousand, over the last 30 days as sheathing prices sagged. The decline in wood sheathing pricing could be the best indicator of sluggish housing demand, because […]
LUMBER AND COMMODITY REPORT – June 2015 by Don Magruder, CEO of RoMac Building Supply A much stronger spruce market pushed the Ro-Mac Lumber & Supply, Inc. Wood Commodity Index (Index) higher in June, as dimensional lumber significantly outpaced sheathing products. The full retreat of lumber since the beginning of the year abated, as pent-up demand from […]
LUMBER AND COMMODITY REPORT – April 2015 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Wood Commodity Index (Index) continues to point negative in mid-April 2015, as the housing market has yet to bolster demand. Weather is no longer a viable reason for subdued demand. With nearly one-third of the year […]
LUMBER AND COMMODITY REPORT – March 2015 by Don Magruder, CEO of RoMac Building Supply In last month’s column, I expressed concerns about the declines in the wood commodity markets noting that these markets were the best indicator as to the health and direction of the housing industry. I pointed out that by mid-March the spring selling […]
LUMBER AND COMMODITY REPORT – February 2015 by Don Magruder, CEO of RoMac Building Supply Just imagine you work in a department store, and a couple of weeks before Christmas sales were slow because no one was buying. This is a fairly accurate description of the current wood commodity market. With two weeks, or so, until the […]
LUMBER AND COMMODITY REPORT – January 2015 by Don Magruder, CEO of RoMac Building Supply The Home Builders Association and Ro-Mac Lumber & Supply, Inc. Wood Commodity Index (Index) in January squeezed out a 0.1 percent increase to $321.12 per thousand, as most increases were offset by declines. Demand is not driving price, and the recent decline […]
