WHOLE HOUSE COMMODITY INDEX – October 2017 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index for October increased 1.9 percent to $33,157.65 primarily on the strength of the wood commodity markets bolstered by four United States landfalling hurricanes in the last two months. As of mid-October, the […]
WHOLE HOUSE COMMODITY INDEX – September 2017 by Don Magruder, CEO of RoMac Building Supply Last month, the word was “uncertainty.” This month, the new word is “supply.” In the last 30 days, the United States has been clobbered by two major hurricanes—the first since 2005. The market is in disarray as it tries to figure out […]
WHOLE HOUSE COMMODITY INDEX – August 2017 by Don Magruder, CEO of RoMac Building Supply Uncertainty—here’s that word again. There is uncertainty in the geopolitical world, uncertainty that anything can get done in Washington, D.C., and huge uncertainty in regards to the course of the U.S.A.—Canada Softwood Lumber Agreement. All of this uncertainty is starting to cause […]
WHOLE HOUSE COMMODITY INDEX – July 2017 by Don Magruder, CEO of RoMac Building Supply Over the last 30 days, the Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index (Index) increased 0.9 percent to $32,584.27, which reverses two months of declines. For the year, the Index is up 4.0 percent; since July 2016, the Index has […]
WHOLE HOUSE COMMODITY INDEX – June 2017 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index (Index) for June dropped 1.2 percent to $32,301 as lumber and panel products retreated from spring highs. There was no appetite to increase prices in other building supply sectors, which hints that […]
WHOLE HOUSE COMMODITY INDEX – May 2017 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index (Index) for May 2017 slightly retreated from April as builders and suppliers digested the huge year-over-year increase in lumber and sheathings. The declines in commodities could be an indicator of weakening demand […]
WHOLE HOUSE COMMODITY INDEX – April 2017 by Don Magruder, CEO of RoMac Building Supply The Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index (Index) for April 2017 hit an all-time high as fears of the countervailing duty ramifications fallout from the Canada-United States Softwood Lumber Agreement decisions spook markets. Importers of Canadian spruce fear that […]
WHOLE HOUSE COMMODITY INDEX – March 2017 by Don Magruder, CEO of RoMac Building Supply If the commodity market could have a psychiatric analysis, there is little doubt the current market would be diagnosed with anxiety and bi-polar disorders, with big mood swings that change with the weather. Thirty days ago, with the expiration of the United […]
WHOLE HOUSE COMMODITY INDEX – February 2017 by Don Magruder, CEO of RoMac Building Supply In last month’s Ro-Mac Lumber & Supply, Inc. Whole House Commodity Index (Index), I wrote the following: “My cracked crystal ball still shows higher prices and volatility. Builders should include a price escalation clause in their contracts to protect them for periods […]
