wyoDreamer
Super Self-Sufficient
- Joined
- Sep 29, 2014
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With all the tornado's, hurricanes, and wild fires we have recently had, I knew the prices were going to be high.
This is what a friend told me: On top of the natural disasters, when the corona virus hit was a time when the demand for lumber starts to slack off, so the lumber companies lower production to prevent an over supply issue. With the pandemic, they slowed production more than usual and furloughed employees. Instead of a slowdown in demand, people bought lumber for projects that they didn't have time for otherwise and demand went up and the warehouses were emptied much faster than they could restart and catch up.
This is what a friend told me: On top of the natural disasters, when the corona virus hit was a time when the demand for lumber starts to slack off, so the lumber companies lower production to prevent an over supply issue. With the pandemic, they slowed production more than usual and furloughed employees. Instead of a slowdown in demand, people bought lumber for projects that they didn't have time for otherwise and demand went up and the warehouses were emptied much faster than they could restart and catch up.