The RoMac Building Supply Wood Commodity Index (Index) for April 2021 increased a whopping 17.8 percent, or $182.53 per thousand, as increasing demand and non-expanding supply are colliding in a country that is slowly moving out of a pandemic. Delays in imported products and the emergence of developing countries across the world coupled with an […]
The RoMac Building Supply Whole House Commodity Index (Index) for April 2021 hit another record high as pricing in all sectors of the market continue to increase almost unabated. Last month, I wrote that I expected the markets to worsen before they improve, and this month’s movement confirms my prediction. The Index jumped 5.2 percent […]
The RoMac Building Supply Wood Commodity Index (Index) for October dropped 11.2 percent, or $93.59 per thousand, as the markets finally began to cool off after a scorching summer of price increases. Although the decrease almost wiped out the 13.0 percent gain from September, the market has a long way to drop to catch up […]
The RoMac Building Supply Whole House Commodity Index (Index) for mid-October 2020 dropped 1.3 percent to $41,852 from the prior month. The Wood Commodity markets are in a hangover from the huge price runup party they enjoyed over the summer. Just like a real party, there are some who do not want to leave, and […]
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 […]
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 […]
In the immortal words of legendary sportscaster Keith Jackson, “Whoa, Nellie!” Over the last 30 days, the wood commodity markets have made the largest and quickest jump in pricing—since September 2005 in the immediate aftermath of Hurricane Katrina. Builders, this is sticker shock. The RoMac Building Supply Wood Commodity Index (Index) for May 2020 increased […]
On Behalf of Don Magruder, CEO of RoMac Building Supply Dear RoMac Building Supply Contractors, Subcontractors, Customers, and Employees Based on our interpretation of the Stay-at-Home Order signed by Governor Ron DeSantis today, RoMac Building Supply is an essential business, which can continue to operate as long as we follow the Social Distancing Guidelines of the Centers for […]
