{"id":81772,"date":"2022-01-31T07:14:41","date_gmt":"2022-01-31T07:14:41","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/us-lumber-plunges-7th-day-demand-fears-supply-chain-chaos\/"},"modified":"2025-09-19T08:56:51","modified_gmt":"2025-09-19T08:56:51","slug":"us-lumber-plunges-7th-day-demand-fears-supply-chain-chaos","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/us-lumber-plunges-7th-day-demand-fears-supply-chain-chaos\/","title":{"rendered":"US lumber plunges for 7th day on demand fears, supply chain chaos"},"content":{"rendered":"<p>US lumber futures tumbled by the exchange limit to $1,053.70 per 1,000 board feet on the Chicago Mercantile Exchange last week, heading for their seventh-straight decline. That\u2019s the longest slump since July. The pullback in the futures market may signal that soaring costs and transport bottlenecks will crimp demand.<\/p>\n<p>\u201cThey\u2019re probably sensing consumers are going to be smarter this year and stop buying,\u201d said Russ Taylor, president of Russ Taylor Global in Vancouver. \u201cThe sticker shock is going to hit consumers earlier this year.\u201d<\/p>\n<p>Wood prices have been volatile since the pandemic began. They touched record highs amid a Covid-19 inspired building boom, then collapsed because sawmills ramped up production and high prices stifled demand.<\/p>\n<p><a href=\"https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber24-5.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-27591\" src=\"https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber24-5-300x155.jpg\" sizes=\"auto, (max-width: 484px) 100vw, 484px\" srcset=\"https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber24-5-300x155.jpg 300w, https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber24-5.jpg 724w\" alt=\"\" width=\"484\" height=\"250\" \/><\/a><\/p>\n<p>Flooding in British Columbia disrupted supplies and shipments in late 2021 and now vaccine mandates that apply to truckers crossing the Canada-U.S. border are adding to transport woes, Taylor said. Markets in the eastern U.S. and northern California rely on trucks to deliver lumber from Canada, and a shortage of drivers may affect shipments there, he said.<\/p>\n<p>An index of framing composite has more than tripled since late August, adding $20,000 to the price of an average new home, according to the National Association of Home Builders. Labor shortages and transportation woes have made it harder to get building supplies, prompting builders to delay or cancel projects, said David Logan, director of tax and trade policy analysis for the industry group.<\/p>\n<p>\u201cThe starter home market has seemingly vanished,\u201d Logan said by phone. \u201cWe\u2019ve seen affordable housing projects canceled.\u201d<\/p>","protected":false},"excerpt":{"rendered":"<p>US lumber futures tumbled by the exchange limit to $1,053.70 per 1,000 board feet on the Chicago Mercantile Exchange last week, heading for their seventh-straight decline. That\u2019s the longest slump since July. The pullback in the futures market may signal &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/us-lumber-plunges-7th-day-demand-fears-supply-chain-chaos\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":59390,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715,4714],"tags":[3945,3252],"class_list":["post-81772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","tag-lumber-prices","tag-us","topic-forestry","topic-industry-prices","topic-sawmilling","area-north-america"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>US lumber plunges for 7th day on demand fears, supply chain chaos - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/us-lumber-plunges-7th-day-demand-fears-supply-chain-chaos\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US lumber plunges for 7th day on demand fears, supply chain chaos - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"US lumber futures tumbled by the exchange limit to $1,053.70 per 1,000 board feet on the Chicago Mercantile Exchange last week, heading for their seventh-straight decline. That\u2019s the longest slump since July. 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