It’s the final full week prior to the holiday season and the market continues to be met with very mixed signals and much confusion.

We are once again seeing a disconnect as futures have reversed course and gained momentum prior to sliding off slightly on Tuesday. Print was down last week and mill offerings are all over the board.

Some mills are still holding firm at numbers, even in the face of print coming off. Others have reduced their pricing levels. We are still seeing shorting taking place, and in some instances, it is fairly significant on select items.

This Week in Wood Holiday Schedule

We will be taking a 2-week hiatus to enjoy the holiday season but we will be back in full swing on January 8th. Have a fantastic holiday that is filled with cheer.

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Dimensional Lumber


The dimensional market continues to stumble along. There seems to be a sense that the market wants to hold prices at these levels, yet consumer sentiment and confidence seems to be dwindling as we head towards the new year.

Mills with prompt availability are willing to listen to offers. As well, there is limited railcar supply and some mills, especially in BC, are having difficulty with that. Now, some are very interested in truck shipments to move product.


There are reasonable mill offerings seen from the larger mills as well as the regional distributors. Pricing is ranging within a $20 band, yet again there is evidence of shorting from some who feel that downward pressure is on the way in the near future.


We are still seeing a little more demand for 16’ and less availability at the mill level. The 16’ products continue to show a significant premium over randoms. We anticipate this continuing into the short term, as 2x6 production seems to be more muted than 2x4 material.


The 2x8 #2&btr market has held firm. The 16’ products are showing a fairly strong premium over randoms. A balanced supply and demand situation looks to be quite strong and we are seeing some more availability on 18’ and 20’ products at the moment, which is a positive sign that may help to pull back pricing.


The 2x10 market is very similar to 2x8 as it is fairly flat and reasonably balanced. We have not seen a strong interest in 2x10, with no real areas of concern at this point in time.


There is a little more availability on 2x12 overall this week. We are seeing better availability at a few mills that have not participated in much 2x12 production in the last few runs. That has led to a more balanced market with 2x12 pricing remaining quite strong.


The stud market is pretty flat with decent availability on most trims, however, 2x6 92s seem to be tight.

MSR Lumber

In MSR, the market continues to show a narrowing spread between 2x4 1650 and #2&btr, with 1650 being a viable option in many cases. We are also seeing more 2x4 1650 accumulate at some mills in Western Canada. Meanwhile, 2x4 2100 and all 2x6 MSR remain fairly tight, with longs continuing to be extremely difficult to find, which has been the case for much of 2019.

We are beginning to notice more Douglas Fir MSR available, especially in Western Canada. This is expected to continue through 2020.

Demand in 2x8 1950 has declined over the last couple of weeks so we are seeing a little more availability out of some Western Canadian mills. But for the most part, 2x8 1950 remains in status quo from last week.

Panel Products


The panel market overall has quieted on both fronts as we reach the end of the year.


Plywood has continued to display flat pricing. The value of the purchasing opportunity is still quite attractive. Numbers are still near 2-year lows and the feeling is still that prices will begin to move upward as we get into the new year, it is simply a matter of when. There are some good opportunities to step into plywood if you are looking toward your spring needs.


There has been a slide on OSB week to week since the beginning of the month, as we approached a short file at one of the major mills in Western Canada. Availability is two weeks on the short side and into the new year on the long end. The feeling is that we will see more softness over the next week or two but the market should improve as we get into January.

Rail shipments into the US are extending into late January so buyers will have to step in and cover off some of those needs. There has been plenty of production coming out of the market and right now we are dealing with the end of the year and the last of the demand, which should see improvement in the new year.

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It’s the final full week prior to the holiday season and the market continues to be met with very mixed signals and much confusion.

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