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Author Topic: Log Prices?  (Read 5625 times)

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Offline mike_belben

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Re: Log Prices?
« Reply #40 on: February 04, 2021, 09:12:59 AM »
What stavebuyer said.  


Anytime china is a major player in a market, boom bust is inevitable.  They do it on purpose so watch yourself. 
Isaiah 63:10

Offline nativewolf

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Re: Log Prices?
« Reply #41 on: February 04, 2021, 09:25:59 AM »
White oak boom is domestic Mike.  None of ours is shipped except low grade veneer.  
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Offline mike_belben

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Re: Log Prices?
« Reply #42 on: February 04, 2021, 11:56:46 AM »
In a one click global trading world i dont think theres very much of anything thats truly limited to local effects anymore at all.  Everything is so intertwined and fast changing. 



The price of a part on the other side of the world affects what i will pay for one across town today.  Markets no longer have isolation, secrecy or a barrier wall for arbitrageurs (sp?)  
Isaiah 63:10

Offline Southside

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Re: Log Prices?
« Reply #43 on: February 04, 2021, 12:21:08 PM »
Soybeans grown in Dinwiddie and sold to Smithfield 45 minutes away are priced based on how the crop did in Brazil, 6 months earlier. Unless you are selling to the absolute end consumer it's all connected. 
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Offline ehp

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Re: Log Prices?
« Reply #44 on: February 04, 2021, 12:44:09 PM »
china and other countries over in that area are buying lots around here

Offline mike_belben

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Re: Log Prices?
« Reply #45 on: February 04, 2021, 02:08:32 PM »
If export log buying plummets -regardless of why- the rates paid by domestic-only log buyers will plummet too.  No one pays more than they have to in order to maintain their resource inputs.  Thus foreign actions dramatically impact domestic markets.  Prior to "free trade" this wasnt so acute. 
Isaiah 63:10

Offline logbyr

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Re: Log Prices?
« Reply #46 on: February 04, 2021, 05:27:10 PM »
The wo, wal lumber frenzy in the east this fall was started by a Chinese interest.    Everyone else got on board to play catch up.   Wo and walnut lumber is now taking out the low end of the wo and wal veneer markets.   What a whiplash from last summer.   I basically gave up on upper midwest walnut 2 years ago.   Now PA wal and wo is just as crazy.   Stave buyers all of a sudden not in drivers seat.   Hang on.   WV lost big estsblished log exporter early in fall.   PA had a big one announce closure this week.    NW  hdwd going forward as they shed 270 million in debt to bankruptcy this year.   

Offline nativewolf

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Re: Log Prices?
« Reply #47 on: February 04, 2021, 05:46:57 PM »
NW Hardwoods sells a lot of export veneer to other buyers.
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Offline mike_belben

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Re: Log Prices?
« Reply #48 on: February 04, 2021, 08:33:01 PM »
Someone shoot me if i ever rack up a quarter billion in debt.  Talk about going off the rails. 
Isaiah 63:10

Offline ehp

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Re: Log Prices?
« Reply #49 on: February 06, 2021, 03:41:23 PM »
I gained $500/1000 more on my white oak better grade sawlogs the last couple weeks , I'm no where near NW prices but its better than it was , those logs all go for a boat ride 

Offline nativewolf

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Re: Log Prices?
« Reply #50 on: March 07, 2021, 08:48:23 PM »
More pricing updates for yellow poplar (liriodendron tulipifera):  Scale Intl;   Prime logs up to $700 up from $600 (4s clear, min 18" diameter), to $350 for 1 side clear logs (up from $250)  The key movement was in the bottom quality logs where they moved up very nicely.  

Tie logs in demand too, lots of offers at $0.45/bdft international to $0.40 international.  Which strikes me as pretty good for a black gum at 12".  


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