Although the wood commodity markets continued to rise over the last 30 days, it was at a slower pace. While the last 30 days did not produce the record 47 percent increase seen in August, the RoMac Building Supply Wood Commodity Index (Index) for September jumped 13 percent, or $95.72 per thousand, which is steep […]
The RoMac Building Supply Whole House Commodity Index (Index) for mid-September 2020 set another record high as wood-related building materials continue to remain in tight supply while manufacturers struggle to catch up from COVID-19 manufacturing delays. Since mid-August, the Index rose to $42,401 or an increase of 7.3 percent. The data point that puts these […]
The wood commodity markets have never risen so much and so fast in a 30-day period. From mid-July to mid-August, the RoMac Building Supply Wood Commodity Index (Index) increased an astounding 47.7 percent to $737.08 per thousand. To put this in perspective, the average sheet of CDX pine plywood and OSB sheathing increased $7.10 per […]
The RoMac Building Supply Whole House Commodity Index (Index) for mid-August 2020 hit an all-time record high price as manufacturers and mills struggled to keep up with demand amid curtailments and reduced production due to COVID-19. Over the last 30 days, the Index increased 7.9 percent to $39,534. Not only are wood commodity prices at […]
Production delays and crew shortages for train deliveries caused by the COVID-19 pandemic are creating havoc in the wood commodity markets as sections of the country begin reopening. The RoMac Building Supply Wood Commodity Index (Index) for July 2020 increased a whopping 25.8 percent to $498.91 per thousand as dimensional spruce and sheathing rose in […]
The RoMac Building Supply Whole House Commodity Index (Index) for mid-July hit a record high of $36,631, which topped the previous high in June 2018. Huge price increases in wood commodities drove the Index to these record levels, and a quick retreat in pricing appears unlikely as uncertainty, thin on-the-ground inventories, and production curtailments due […]
Although this month’s increase seems modest after last month’s price explosion in the wood commodity markets, it really is not. The RoMac Building Supply Wood Commodity Index (Index) for June 2020 settled at $396.68, or 5.6 percent more than just 30 days ago. The biggest increase occurred in the dimensional lumber portion of the Index […]
The RoMac Building Supply Whole House Commodity Index (Index) for mid-June rose 3.1 percent on surging wood commodity pricing. The Index for June settled at $35,099, which is 6.7 above January’s Index, 8.0 percent above last June’s Index, and just 3.7 percent below the Index’s record high in June 2018. Certain items, such as specialty […]
LEESBURG, Florida — The Leesburg High School Construction Academy Advisory Committee hosted a small gathering for the four graduating seniors of the 2020 LHS Construction Academy. Max Acosta, Chris Wheeler, Matt Waybright, and Fox Fessenden were presented with tool kits to start their construction careers. Advisory Committee President Don Magruder commended the seniors for building […]
