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DewDiligence

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Re: Bluewingcap post# 24590

Monday, 12/20/2021 10:11:49 AM

Monday, December 20, 2021 10:11:49 AM

Post# of 29364
Lumber prices surging again—but_still_well_below_May2021_high:

https://www.wsj.com/articles/sky-high-lumber-prices-are-back-11639842879

Futures for January delivery ended Friday at $1,089.10 per thousand board feet, twice the price for a prompt delivery in mid-November.

…Flooding in British Columbia has cut off sawmills from forests and customers, unusually warm autumn weather has extended the building season and wood buyers are loading up in fear of further price increases and supply problems.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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