Higher and Higher wood prices

[Lunch_Box]

Triple the price isn't going to make a difference?

The framing portion of a house build is roughly 15% of the the overall build allowance, so adds cost but nothing crazy.

 

[Cyle]

Triple the price isn't going to make a difference?

But it's only the lumber portion, which is probably about 5% of the total house cost in many cases. So even if it triples which most things haven't, that's a 10% house price increase if nothing else changes. Decent, but with things being slow there is better pricing around, low interest, rates, etc that are making up for the increase in lumber.

 

[Stompin Tom]

Funny the government hasn't done something to moderate prices

you mean like with fuel?

 

[Bury Me With My Toys]

you mean like with fuel?

EXACTLY

A decade ago I was paying $1.65 a liter for regular gas, government didn't price regulate then.

 

[Bnorth]

Still Canfor can't make 2 cents, and keeps closing more mills. Just this summer closed Isle Pierre mill, just west of PG. Canfor needs to cut out the management team, and hire people who know how to run a company, instead of closing all their mills. They should be rolling in stacks of cash, if somebody there had a clue.

They're closing mill like all the major forest companies in BC due to a lack of logs available to cut post pine beetle.

How and the heck is pulp loosing money when the demand is through the roof on it?

Demand is down for market pulp. Too many businesses shutdown and people working from home.

Funny the government hasn't done something to moderate prices

You sound like a socialist.

thats cause the government is a bunch of useless idiots

You really sound like a socialist if you want more gov't interference in a free market economy.

Everyone crying price gouging but otherwise enjoys the benefits of a capitalist economy. Were you crying when it was under $300/mfbm and mills were closing and the mill workers were overwhelming the small town foodbanks? Do you whine when the companies you work for make record profits or do you go buy a new sled with the bonus money?

 

[snopro]

They're closing mill like all the major forest companies in BC due to a lack of logs available to cut post pine beetle.


Demand is down for market pulp. Too many businesses shutdown and people working from home.


You sound like a socialist.


You really sound like a socialist if you want more gov't interference in a free market economy.

Everyone crying price gouging but otherwise enjoys the benefits of a capitalist economy. Were you crying when it was under $300/mfbm and mills were closing and the mill workers were overwhelming the small town foodbanks? Do you whine when the companies you work for make record profits or do you go buy a new sled with the bonus money?

Someone pizz in your corn flakes this morning? Just asked a question?

 

[tejay]

I guess 300k would be fine fine for a pickup then. I have no problem with capitalism but I’m viewing this as gouging. Supply and demand sure, but when a price jumps 300% I have to wonder what market forces and manipulation are also in play. We know the corporations have to make x amount to stay functional.

 

[Pedaling pete]

I guess 300k would be fine fine for a pickup then. I have no problem with capitalism but I’m viewing this as gouging. Supply and demand sure, but when a price jumps 300% I have to wonder what market forces and manipulation are also in play. We know the corporations have to make x amount to stay functional.

Who are you to say they cant charge 300g for a truck?
If people will pay it, I say charge whatever you want.
That might be the price it needs to be to make a profit when unions tell you that you have to pay this and government tells you have to pay for that.

is gm a charity now because they took the banker bailout money?

Socialism, what a fkn mess.... . Shoulda let them fail back in 08

 

[tejay]

Well you certainly told me now didn’t ya. Can I still come to your birthday party

 

[Pedaling pete]

Well you certainly told me now didn’t ya. Can I still come to your birthday party

Sure can we have it at your house? Ill bring beer as long as I can find some for 25 cents a bottle. its 95% water FFS

Sick of da beer company gouging me at da beer store.

 

[tejay]

I will just hold off on my project until prices at the lumberyard reflect stock market realities.

 

[Pedaling pete]

Stock market realities. Now that's a oxymoron if I ever heard one lol

 

[S.W.A.T.]

Still Canfor can't make 2 cents, and keeps closing more mills. Just this summer closed Isle Pierre mill, just west of PG. Canfor needs to cut out the management team, and hire people who know how to run a company, instead of closing all their mills. They should be rolling in stacks of cash, if somebody there had a clue.

IP has been on the chopping block for years, was only a matter of time. Mills are getting much more efficient, timber supply is going down faster than it can go up, fires devastating local supply and a reduction in allowable cut. All those factors something has to give so you drop the weakest link in your chain. Not saying canfor doesn't have some miss management but they also have some factors against them.

 

[Bnorth]

IP has been on the chopping block for years, was only a matter of time. Mills are getting much more efficient, timber supply is going down faster than it can go up, fires devastating local supply and a reduction in allowable cut. All those factors something has to give so you drop the weakest link in your chain. Not saying canfor doesn't have some miss management but they also have some factors against them.

Isle Pierre didn't have any major capital injected into it in over a decade which is a lifetime in this industry. It absolutely was on the chopping block and it is a miracle and testament to that mill's workers and management team that it lasted as long as it did.

 

[S.W.A.T.]

Isle Pierre didn't have any major capital injected into it in over a decade which is a lifetime in this industry. It absolutely was on the chopping block and it is a miracle and testament to that mill's workers and management team that it lasted as long as it did.

Its location didn't help much either, after they all but stopped their off hwy haul it was only a matter of time. I suspect Houston will be next if they aren't bought out in 2 years

 

[Bnorth]

Its location didn't help much either, after they all but stopped their off hwy haul it was only a matter of time. I suspect Houston will be next if they aren't bought out in 2 years

It's been curious to watch Houston go from a flagship to a dog and ultimately be overshadowed by what was its lesser cousin mill at Plateau.

 

[Bury Me With My Toys]

I'm related to two former Isle Pierre employees, trust me when I say they are NOT stellar employees. I wouldn't hire either one to mow my lawn, they are lazy lazy lazy, and not the sharpest knife in the drawer.

 

[Cableguy]

my new shop has been on hold since this fakedemic has begun
super busy contractors overpricing and materials pricing thru the roof
the old garage will have to last another winter

 

[Stompin Tom]

I'm related to two former Isle Pierre employees, trust me when I say they are NOT stellar employees. I wouldn't hire either one to mow my lawn, they are lazy lazy lazy, and not the sharpest knife in the drawer.

Sounds like 90% of the employee's at the mills shut down in Mackenzie.

Its not a wood supply problem there, Canfor sold over 500,000 M3 of cut and processed wood to Dunkleys after the closure

 

[Bnorth]

Sounds like 90% of the employee's at the mills shut down in Mackenzie.

Its not a wood supply problem there, Canfor sold over 500,000 M3 of cut and processed wood to Dunkleys after the closure

What do you think is going to happen there? It's one of the only regions with good log supply left and I am a bit surprised they didn't fire the mill up at these record prices. Obviously it is no problem to sell the wood, Dunkley is always hungry as is PG Saw and I imagine Hampton's new mill in James will be too. That said they just made killer money last quarter and could easily float the cash to announce it as a permanent closure and pay everyone out. I am thinking they will rebuild it to run on a bit less volume. ~200-220 Mmfbm on 2 shifts. That leaves enough to keep some sales wood rolling. Canfor doesn't like selling logs or hauling them long distances.