Shows
The Lumber WordEP 120: Spring Market ReviewMatt, Gregg, and Ashley reconvene after a week off to discuss the current state of the lumber market. Charles was out but will be back next week. They analyze whether the market, which has been selling off since the Montreal event, is showing signs of a recovery or merely experiencing a temporary bounce within a bear market. The hosts note a slight uptick in activity for certain lumber items during the week but question if this is significant enough to indicate a broader market shift. They also discuss renewed talks of curtailments, emphasizing the need to monitor these developments...2025-05-0924 minThe Lumber WordEP 119: European Lumber's U.S. Port Pinch & Southern Yellow Pine's Wild Regional SpreadsJoin us for an insightful conversation with Thomas Mende of Binderholz, a leading expert in European lumber manufacturing, the largest importer of dimension from Europe to the US, and operator of two cutting-edge Southern Yellow Pine (SYP) mills in Florida and North Carolina. In this episode, Thomas dives into the future of European lumber shipments to the US, exploring the impact of currency fluctuations and log costs. We discuss the home center business, mass timber trends, and global export markets. Learn about the innovative flexibility of Binderholz’s US SYP mills to adapt cutting profiles swiftly and uncover value opp...2025-04-2452 minThe Lumber WordEP 118: "Montreal to Market Moves: What Lumber Traders Need to KnowThe crew is back from Montreal, and Episode #118 kicks off with a debrief on what it’s like returning to the grind after the high energy of the convention floor. Matt, Ashley, Charles, and Gregg dive right into the pulse of the lumber market: is it ready to roll over, or are we seeing glimmers of strength under the surface?
They break down key indicators from the field—what species look like a buy, what’s dragging, and what might surprise to the upside. From SYP to SPF and beyond, the gang weighs in on what they’re movin...2025-04-1757 minThe Lumber WordEP 117: Live from The Montreal Wood ConventionCharles, Ashley, Gregg and Dustin go live onstage in Montreal. The #1 lumber podcast breaks down their thoughts on the convention. What did we feel coming to the event, and what do we feel now that we've been here and are getting ready to leave with our thoughts? Is the market going to go up down, sideways or uncertain? Wow did we get the information here! Come have a listen!
2025-04-1256 minThe Lumber WordEP 116: Lumber, You’re Still Dangerous. But You Can Be My Wingman AnytimeWith the full lumber crew—Matt, Charles, Gregg, and Ashley—dive deep into the current state of the lumber market as April kicks off. From SYP oddities to the new CME contract, the team covers what traders, builders, and mills are buzzing about.
Matt breaks down volatile DDF prices and the coastal Hem-Fir jump, Charles unpacks the SYP 2x4 #2 vs. #3 price parity mystery, and Gregg gives us the lowdown on European spruce and Eastern SPF. The crew also tackles the low-volume launch of the new SYP futures contract at CME, supply/demand imbalances across home centers and pro...2025-04-0355 minThe Lumber WordEP 115: "Lumber Tariff Built-In or Baked Out Price?" w/ Matt LaymanMatt Layman is back, and we start cranking early. From builder earnings to home sale trends, we dig into what’s driving the housing and lumber machine right now. Then we ask the big one: Is the tariff risk already priced in? Or is there more heat to come?
We get into the SPF vs. SYP narrative—why it’s gotten way too loud, and what matters. With the new SYP CME contract launching Monday, we take a few wild guesses on how it’ll trade.
Plus, we tackle real customer questions (some live!), and as always...2025-03-2859 minThe Lumber WordEP 114: FHA ExposéAshley, Matt, Gregg, Charles, and guest John Comiskey, a mortgage tech veteran and data sleuth, dive deep into the alarming rise of FHA loan delinquencies and their potential ripple effects on the housing and lumber markets. They expose how skyrocketing mortgage defaults—some borrowers making only a handful of payments over years—are straining government-backed mortgage programs and potentially gaming the system. The episode unpacks the data behind these trends, explores what tightening FHA rules in 2026 could mean for first-time homebuyers, and analyzes the downstream impact on construction demand and lumber pricing. Packed with sharp insights, industry analysis, and a to...2025-03-201h 02The Lumber WordEP 113: If You’re Not Listening to The Lumber Word, You Might as Well Be Getting Market Advice from a Used Car LotMatt, Gregg, Ashley, and Charles take a deep dive into the SYP spread against Canadian lumber—what does it signal for the market? With everyone suddenly having plenty of time to debate tariffs, is that a sign of a slowdown? The crew breaks it all down and highlights some other key market trends that traders should be watching.
Looking ahead, we tease next week's guest, who just might bring the next Big Short-level conversation to the lumber world. Plus, we play a round of "What We Want to Buy" vs. "What We’re Dumping" as we navigate the e...2025-03-1353 minThe Lumber WordEP 112: Kyle Little: Big Calls & Bold Takes on Lumber’s FutureKyle Little, COO of Sherwood Lumber and frequent CNBC personality, joins The Lumber Word—and he does not disappoint! In this jam-packed episode, we break down the past week (and especially the last 48 hours) in the lumber industry, covering:
Southern Pine, U.S. species, Euro, and Canadian lumber—what’s hot, what’s not, and where the market is headed.
Big calls & bold forecasts—Matt, Gregg, Ashley, and Charles lay out what they think happens next in lumber, from now through year-end.
New CME SYP Contract—what it means for traders and why it could shake things up.2025-03-061h 11The Lumber WordEP 111: The Tariff Talk We Never Want to Have AgainOn this week’s episode of The Lumber Word, we give away a ton of valuable insights—because that’s what the #1 lumber podcast in North America does! We kick things off with a special announcement: Charles is officially in the introduction. Then, Ashley jumps right into the market talk before launching into an epic tariff rant about the chaos of cross-border trade (yes, he touches the third rail). Gregg sharpens the point of the conversation by tripling down that there will be no tariff.
Gregg pulls things back on track with a productive discussion on what builder...2025-02-2758 minThe Lumber WordEP 110: The Trading Campfire: Undervalued Items, Lumber Prognostication and Polished KnowledgePull up a chair at the mill’s fishing camp because this episode is packed with classic lumber trader BS, war stories, and some useful market insights. We kick things off with a SYP talk, asking Charles why published prices keep climbing when he insists, they’re flat. Did we spill too much on what we think values should be? Maybe. We also dig into how much tariff speculation is already baked into prices.
Matts had the best market pulse lately, and he breaks down what mills’ optimizers are up to. Gregg takes us through housing starts, and Cha...2025-02-211h 04The Lumber WordEP 109: Retired for Now. Legendary Forever. The Mike Logelin StoryThe Lumber Word welcomes a true legend of Lumber Trading—Mike Logelin—fresh off his retirement after 35 years of wheeling and dealing across the entire lumber and panel catalog. Hailing from the land of lakes and lumber, Mike sits down with Matt, Gregg, Ashley, and Charles to reflect on what made him one of the best in the business. He shares war stories from the trenches, key lessons for traders just starting, and insights into how the game has changed. But don’t think he’s just here for nostalgia—Mike jumps right into the current market action and what’s ahe...2025-02-131h 03The Lumber WordEP 108: Housing Market Deep DiveThe Lumber Word team welcomes back Chris Beard, Director of Building Products Research at John Burns Research & Consulting, for another deep dive into the housing market. The episode kicks off with a discussion on tariff talk—or the lack of impact so far—before shifting gears to market trends. Gregg sizes up his trade with Kip, giving him all the time he needs, while Chris shares insights on housing projections for 2025.
From young adults moving out of the basement faster to the continued growth of single-family rentals, Chris breaks down the data behind the next phase of housing dem...2025-02-0649 minThe Lumber WordEP 107: The Lumber Bet: Tariff or No Tariff?In this episode of The Lumber Word, we bring on Canadian lumber supply expert and seasoned trader Kip Fotheringham to break down the hard numbers on North American lumber production. Turns out, what we thought we knew doesn’t quite match up with reality! Kip walks us through the latest production data across all species and regions, and the insights may surprise you.
Then, we dive headfirst into the tangled mess of cross-border duties and tariffs between the U.S. and Canada. With speculation running wild and everyone making their best guesses, Gregg and Kip decide to raise the...2025-01-3048 minThe Lumber WordEP 106: Housing, Tariffs, and Mill Strategies: Insights with Sig ThomaSig Thoma is back on The Lumber Word to share his decades of expertise in the lumber industry! We dive headfirst into the 2024 housing final numbers and their implications for the year ahead. With a new administration stirring up tariff chatter, we tackle how the industry is reacting and what might be on the horizon for lumber and housing markets. Plus, the SYP domination debate rages on, and we get inside the heads of mills to uncover their strategies for selling lumber products. Don’t miss this thought-provoking episode packed with insights and a few laughs along the way!
2025-01-231h 04The Lumber WordEP 105: Navigating Tariff Turmoil, Builders’ Mortgages, and Lumber Market Madness with Dustin JalbertBack by popular demand, Dustin Jalbert, Senior Economist of Wood Products at Fastmarkets, returns to The Lumber Word podcast for an insightful deep dive into the ever-evolving lumber market. In this episode, Dustin, Matt, Gregg, Ashley, and Charles tackle the complexities of the potential tariff situation and share strategies for cutting through the confusion.
The team explores housing trends, builder inventory levels, and the supply-demand dynamics shaping 2025, along with a lively discussion about the eye-popping builders' mortgages hitting the market. And for those wondering about Charles’ cattle—they make a surprise appearance in the conversation!
As alw...2025-01-161h 04The Lumber WordEP 104: Welcome to 2025 Welcome to The Lumber Word Podcast, your go-to source for all things lumber and construction materials!
This week, Matt, Gregg, Charles, and Ashley are kicking off 2025 with a bang as we dive into the North American lumber market’s wild start. We'll revisit the last few weeks, play a round of Trump Lumber Tariff Bingo, and celebrate our spot-on SYP call from a month ago. Plus, we’ll break down what’s happening in the supply chain and share insights to help you stay ahead in the industry.
Oh, and did we mention it? Thanks to YOU, our am...2025-01-0952 minThe Lumber WordEP 103: Bold Predictions with Economist Brian WesburyIn this episode of The Lumber Word, we welcome the return of Brian Wesbury, one of the nation’s leading economists, and the Chief Economist at First Trust Advisors. Known for his bold market predictions, Brian shares his insights on today’s economic trends and offers a unique perspective on the future of global finance.
We dig into the lumber and housing markets, looking ahead to 2025, and Brian breaks down what he thinks is next for tariffs and their impact. We also dissect the November Housing Starts and what the 2025 building activity could look like. Whether you’re a tra...2024-12-1949 minThe Lumber WordEP 102: Interholiday RoundupGregg, Matt, and Ashley delve into the tumultuous lumber market over the past few weeks. They are joined by Casey O'Neil, who provides essential data on the Southern Yellow Pine (SYP) market. Matt shares valuable insights aimed at younger lumber traders, while Gregg offers an in-depth analysis of the housing market and its potential impact on lumber prices. The episode concludes with the hosts discussing their favorite products and predictions on inventory dynamics, promising listeners an educational and insightful experience.
2024-12-1248 minThe Lumber WordEP 101: Permits, Progress, and PredictionsGregg and Ashley welcome James Gallagher, CEO and co-founder of GREENLITE Technologies, to the podcast. James shares how GREENLITE is revolutionizing the permitting process with technology that simplifies, streamlines, and accelerates approvals. Whether you're in construction, development, or anywhere in between, GREENLITE's platform is a game-changer for improving speed and accuracy in navigating red tape. www.Greenlite.com
After the interview, Gregg and Ashley dive into the latest #lumber market action, breaking down how recent tariff chatter might impact the industry. They wrap up with bold predictions for the rest of the month, giving you the insights y...2024-12-0634 minThe Lumber Word100 Episodes Strong: The Lumber Word Leading the Way in Industry InsightIn this milestone episode, Matt, Gregg, Charles, and Ashley celebrate 100 episodes of sharing valuable lumber industry insights. They kick things off by expressing gratitude to loyal listeners and their first-ever sponsor, reflecting on the journey so far.
The team dives into the state of the North American lumber market as 2024 winds down and 2025 looms on the horizon. They explore whether buyers are building inventory, examine what the housing market might look like in 2025, and offer their take on the trends for Southern Yellow Pine (SYP) and Spruce-Pine-Fir (SPF) over the coming months.
Packed with market...2024-11-2146 minThe Lumber WordEP 99: November Southern Yellow Pine Sell-Off"The Lumber Word" podcast, hosts Charles, Matt, and Ashley delve into the current market dynamics across various lumber species. They observe that while Southern Yellow Pine (SYP) is experiencing a sell-off, other species are rallying. This divergence prompts a discussion on whether SYP's performance signals a market in harmony. The hosts also explore how traditional traders of Canadian and U.S. species might adapt to customers seeking more species options. Additionally, they identify indicators of a market rally and signs that it may be peaking. Listeners who stay tuned until the end will gain insights into current buyer behaviors...2024-11-1447 minThe Lumber WordEP 98: Global Wood Summit Recap & 2025 Market PredictionsGregg and Ashley are back from the Global Wood Summit in Vancouver and bring Matt up to speed on everything he missed. They dive into insights from the Summit, forecasting where the lumber market might head in 2025. From the ongoing cross-border lumber dispute to potential shifts in production, they break down the factors that could shape next year’s supply and demand. Could we hit $700 Chicago on 2x4 #2 SPF? And what role might the upcoming election play? Tune in to get tomorrow’s lumber news today and stay a step ahead in the industry!
2024-11-0944 minThe Lumber WordEP 97: Live from the Global Wood SummitThe Lumber Word takes the show on the road and does Episode #97 in front of the live audience. Gregg, Ashley, and Charles talk about what they heard the last few days from industry experts on lumber, logs, pulp & paper along with many other exciting speakers. Mitchell Preger from Industrial Forest Products also joins us today. Thanks to Russ Taylor for the invite and the opportunity to expose more people to TLW. We looked at pricing for 2025, European lumber, Southern Pine, and what is happening with the cut in Canada. Come listen in and make sure to come to Vancouver...2024-10-3142 minThe Lumber WordEP 96: Barking up the Right Tree with Sig ThomaJoin industry veteran Sig Thoma as he dives deep into the factors shaping lumber pricing. Matt and Ashley get Sig's insights on housing affordability, who are snapping up new homes, and the 10-30-year yield curve's impact on the market. We also explore the sticky situation with lumber mill costs, why residuals are a pain, and what expectations for Q1 2025 could bring in terms of curtailments. What happens if demand rises, and production slows? Tune in and get smarter about where the market’s headed!
2024-10-1852 minThe Lumber WordEP 95: Lumber Flow Forecasts & That $11 Billion Potential SplitIn this episode, Matt, Gregg, and Ashley dive into a week packed with events shaking up the lumber world. How does the flow of lumber look now, and what can we expect heading into 2025? The team grabs their crystal lumber ball to give you insights into the future. Plus, we dig into the cross-border dispute—who’s getting a slice of that $11 billion pie? What are the hot items and what should you be getting the heck out of? How do we think sellers of production can get better returns in 2025? Whether you’re a trader looking to get under t...2024-10-0539 minThe Lumber WordEP 94: Just Past Time: Lumber Procurement MethodIn this episode, Charles DeLaTorre joins us. We break down how #lumber users are adopting the JPT (Just Past Time) inventory method and what it means for the market. With everyone betting on higher prices next year, how should buyers, sellers, and risk managers play their hand? With everyone thinking one thing it will probably not play out the way we all have it scripted in out head. We also dive into why mills keep clinging to outdated pricing formulas when selling to the big-box giants. Why are there still a high amount of shorts in the market? The co...2024-09-2640 minThe Lumber WordEP 93: Forecasting the Future with Chris Beard from John Burns Research & ConsultingThis week on The Lumber Word, we’re joined by Chris Beard from John Burns Research & Consulting! I’ve seen them at events, and they are the OG of research in this market! Chris dives into the stats that keep our market moving and gives us the John Burns perspective on housing starts, permits, and long-term trends. We ask the big questions: What’s the lag between interest rates and housing demand? How are we shaping up to end the year, and what does 2025 look like? If you're anywhere near the construction supply chain, you'll want to hear Chris's insight...2024-09-2051 minThe Lumber WordEP 92: The Lumber Edge: Smarter Strategies, Emerging Premium Scramble, Sharper PredictionsIn this episode, Matt, Gregg, and Ashley dive into the post-curtailment lumber world, sharing their seasoned lumber trading insights as they try to make sense of this wild market. Are home centers in for a shock in 2025 with potential production shortfalls? Will there be a rush for premium grades? The team dissects overvalued and undervalued products, ponders why 4" lumber is dragging, and breaks down the latest on September lumber futures expiration. Stick around for the final fun segment—marry, date, dump—where lumber gets the matchmaking treatment. You’ll leave with plenty of laughs and solid trading tips!
2024-09-1343 minThe Lumber WordEP 91: Boosting Your Lumber Game with Charles DeLaTorreIn this jam-packed episode, we’re joined by a friend, and lumber industry expert Charles DeLaTorre to upgrade our SYP knowledge. It’s been a whirlwind week in lumber, and with Canfor's recent curtailments shaking up North American markets, we're diving deep into where we stand with supply and demand.
Matt, Gregg, Charles, and Ashley had a lively debate on what the future holds for lumber prices in late 2024, with Gregg making some bold predictions for 2025. Matt also brings the WSPF and Pac NW lumber information and talks about Hem Fir and DDF filling into some lost WSPF...2024-09-0658 minThe Lumber WordEP 90: Fast Times in the Lumber Market: Is This Our ‘Learn It. Know It. Live It.’ Moment? In Episode #90 of "The Lumber Word Podcast," Gregg, Matt, and Ashley dive deep into the current lumber market, debating whether we're at the peak or just getting started. The team discusses the velocity and strength of the truck market, as well as historically low inventory levels. Are mills sitting on a lot of dressed inventory, or are buyers overextending by purchasing extra trucks? With short orders popping up in the cash market, the crew explores whether these moves make sense. Tune in to hear their insights and what you should be doing over the next 4-6 weeks to stay a...2024-08-2944 minThe Lumber WordEP 89: Lumber Ain’t Nuthin’ but a G Thang: Breaking Down the Lumber Market with Russ TaylorIn this episode, we're excited to have Russ Taylor from Russ Taylor Global joining us! We kick things off by chatting about his upcoming event, the Global Wood Summit, happening this October 29-30. And guess what? The Lumber Word will be doing a live podcast right from the event! Go to www.globalwoodsummit.com for the details.
Today, we dive into the latest market trends from the past 30-60 days. We explore why so many lumber buyers are still playing it safe as prices climb higher. How much North American production has slowed down, and what can we e...2024-08-2255 min
Lumber ConnectionAugust 16, 2024: Special Guest, Ashley Boeckholt, Gives Insight into the Market Shift AheadIn this special episode, Ashley Boeckholt with Sitka Inc., provides his perspective on the current lumber market. Ashley explores the shift occurring right now, how component manufacturers can capitalize on the changes, and the best ways to stay ahead of the game. Ashley grew up in the lumber industry and has been at his current role at Sitka since June of 2022.2024-08-1920 minThe Lumber WordEP 88: Our Lumber Listeners Stay about 4 Months in Front of the PackIn this episode, we welcome Joe Pepe from LMC to help us break down the current state of the lumber market. We dive into where we stand in the lumber cycle—is supply finally catching up with demand? Matt highlights the differences between the 2x4 market and 2x6 and wider, while we discuss key indicators to watch for in the upcoming housing starts report. We also explore how lean end users are keeping their inventories and share insights from our own business dealings.
We ponder how far this lumber market can continue to rise and what surprises mi...2024-08-1551 minThe Lumber WordEP 87: Diving Deep on this Lumber Move with Charles DeLaTorrIn this week's episode of "The Lumber Word," we are joined by Charles DeLaTorre, owner of Industrial Forest Products. Get ready for a lively discussion as we challenge each other on why the lumber market moved over the past month. What did we see that others missed? And more importantly, will it continue?
Charles dives into Southern Yellow Pine (SYP), providing insights that are sure to expand your understanding. We also tackle the topic of potential bad paper in the forward cash market and examine how mills have been rationalizing capacity without alerting the trading market. It's...2024-08-0850 minThe Lumber WordEP 86: Back To Zero Or Up $100+ MBF More In The Next Month?In this episode of "The Lumber Word," Matt, Gregg, and Ashley dive into the recent lows in lumber pricing and discuss the recent strength of the past three weeks. With some commodity funds buying back short CME positions, the big question is whether this trend will continue or if they will shift gears again.
Why is there so much negativity in the market, and what does it mean for the future? Our hosts give their honest predictions and provide a thorough analysis of the current market sentiment. Supply is still trying to match up with demand—has it...2024-08-0151 minThe Lumber WordEP 85: Is Housing Recession-proof This Time?In this week's episode of The Lumber Word, we’re joined by Brian Wesbury, Chief Economist for First Trust. Brian shares his expert analysis of the housing market, discussing interest rates, housing supply, and what economic signals mean for the future of housing. He also weighs in on whether we’re in a recession and offers predictions for the prices of new and existing homes. Tune in for this insightful conversation and stay ahead in the housing sector!
For more insights from Brian, visit First Trust and sign up for their free newsletter.
2024-07-2547 minThe Lumber WordEp 84: Navigating the Silent Signals of a Possible Lumber BottomIn this episode of "The Lumber Word," Matt, Gregg, and Ashley are all back together to dive deep into the current lumber market. Matt kicks it off with an engaging update about last week's mood at the Inland golf outing. Gregg follows up with a detailed breakdown of today's housing starts data, providing valuable insights for our listeners. The team then takes a comprehensive look at the market, analyzing supply and demand trends. Plus, did Ashley call a bottom in lumber? Tune in to find out! We wrap up the episode with a fun segment of marry, date, or...2024-07-1838 minThe Lumber WordEP 83: The Lumber Zeitgeist: Market Insights with Dustin JalbertIn this episode, we're joined by Dustin Jalbert, Senior Economist at Wood Products Fastmarkets RISI, to unravel the current zeitgeist of the lumber market. Ever wonder what's going on with supply and demand? We've got you covered as we dive deep into consumption and production figures. We also share our projections for the housing market through the rest of 2024 and into 2025. Plus, we'll update you on the ongoing US/Canada cross-border lumber dispute. If you want to get a true feel for the pulse of the lumber world, this is the episode you can't miss!
2024-07-1144 minThe Lumber WordEP 82: Four Down Months! Are We There Yet?In Episode #82 of "The Lumber Word," we welcome back Charles DeLaTorre to dive deep into the Southern Yellow Pine (SYP) market, along with all other traded species. With four consecutive down months, we explore whether we've hit the bottom or if there's more to come. The crew breaks down the market structure, examining who's long, who's short, and who's potentially thriving or struggling.
To understand past market behaviors, we delve into the physical lumber market and analyze a fascinating chart of housing starts since the 1960s. As we wrap up, we offer hope and actionable ideas for...2024-07-0452 minThe Lumber WordEP 81: Navigating the Stormy Seas of LumberIn this episode of "The Lumber Word," the team is joined by a special guest, Earl Heath, head analyst from Madison's Lumber Reporter. Together, we dive deep into the lumber industry's looming challenges this year. Are prices ever going to rise? Are production costs as high as producers claim? What will be the tipping point for change?
We explore these pressing questions and more, providing our listeners with insights into what we see and feel as we look ahead to 2024. Tune in for an engaging and informative discussion on the current state and future of the lumber...2024-06-2746 minThe Lumber WordEP 80: Unlocking Lumber's SecretsIn this solo episode of "The Lumber Word," Ashley takes the reins while Gregg and Matt are away (they’ll be back next week!). Tune in as Ashley dives into the latest on the lumber market, housing starts, and market structure. Discover the crucial information Ashley relies on daily and weekly, including the Commitment of Traders reports, Volume, and Open Interest, which reveal a lot about the lumber market.
Ashley shares insights from a recent conversation with a home-building expert about risk management, emphasizing the importance of education in the industry. Plus, get Ashley’s take on what...2024-06-2131 minThe Lumber WordEpisode #79: The Lumber WordJoin us for an exciting episode as we welcome Robin Cross, a renowned lumber trader and broker, to the show. With years of experience in CME lumber futures, Rob has built a stellar reputation for his expertise and client relationships.
We kick things off with a deep dive into the cash lumber market before unraveling the intense "Market Structure" standoff between Industry Longs and Fund Shorts. This could turn into a wild ride as both sides face crucial decisions about rolling. Stick around until the end for our predictions on where the market is headed in the...2024-06-1343 minThe Lumber WordEpisode #78: The Lumber Market Giveth and the Lumber Market Taketh AwayIn this week's episode of "The Lumber Word," we are thrilled to be joined by Matt Layman from www.laymansguide.com. We dive deep into the current state of the lumber cycle, exploring key insights and trends that are shaping the market.
Our lively discussion covers Southern Yellow Pine (SYP), the stalling multi-family housing market, and the mindset of buyers and sellers. We delve into the supply-demand equilibrium and debate whether the market has hit bottom or if there’s more downside to come.
Additionally, we share some classic lumber trading war stories, adding a tou...2024-06-0659 minThe Lumber WordEP 77: Where TLW Came From And Where it Is GoingIn this abbreviated episode of "The Lumber Word," Ashley provides a succinct overview of the lumber market since last week. He discusses key observations and offers a brief prognostication on lumber price movements over the next 60 days.
In the latter half of the episode, Ashley delves into the genesis of "The Lumber Word," unveiling new additions to the podcast format and future directions. The episode also highlights our stakeholders, detailing who the podcast serves and our growth plans.
2024-05-3120 minThe Lumber WordEP 76: Lumber Longs’ Texas Hedge Dilemma, Battle the Short FundsWelcome to Episode #76 of "The Lumber Word"! Today, we're diving into the sluggish lumber market with our recurring guest, Casey O'Neil. We'll cover a range of topics, from OSB and lumber to everything in between. Join us as we explore why the industry still holds a lot of hope and discuss the reasons behind the CME's significant premium over cash prices. Whether you're a seasoned lumber trader or just curious about the lumber market, this episode is packed with insights you won't want to miss. Tune in now!
2024-05-2436 minThe Lumber WordEP 75: You Need To Stop Going Down Before You Can Go UpIn this episode of "The Lumber Word," we delve into the dynamics surrounding the May lumber futures expiration. We analyze the Builders' Confidence Index, housing starts, lumber shipments, and the impact of European imports on the market. Our conversation is lively as we discuss strategies for navigating current lumber price levels, including whether to buy forward or adopt a buy-and-hold approach. Tune in for expert insights and practical tips on managing lumber investments amidst evolving market conditions.
2024-05-1634 minThe Lumber WordEP 74: Is anyone winning in this lumber market?"The Lumber Word" Podcast Episode #74 welcomes Kyle Litte, COO of Sherwood Lumber, to a lively discussion on market trends. From a shift from bearish to bullish sentiments, we delve into the balance between optimism and caution. Exploring potential landmines in the lumber industry, we provide valuable insights into supply and demand dynamics. Our episode is packed with expert analysis, offering listeners a comprehensive view of where lumber and panel prices are heading in 2024. Join us as we navigate the intricacies of the market and forecast the trends that will shape the year ahead.
2024-05-0944 minThe Lumber WordEP 73: Did Someone Call The Bottom in Lumber on TLW?This week on "The Lumber Word," hosts Matt, Charles, Gregg, and Ashley dive into the depths of the lumber market, exploring the seriousness of recent curtailment announcements. They question whether some industry optimists may have overly high expectations and ponder if we've reached rock bottom. Analyzing market trends, they uncover unsustainable numbers and offer insights into managing risk. From discussing market realities to sharing valuable tips, this episode promises to deliver valuable perspectives for anyone questioning how to navigate lumber values. Tune in for a rich discussion that's sure to leave you informed and engaged.
2024-05-0352 minThe Lumber WordEP 72: Timber Tremors: Navigating the Lumber Market’s Wild Ride to a Future of Uncertain PotentialWelcome to episode #72 of "The Lumber Word"! This week, we're thrilled to have Dustin Jalbert, Senior Economist, Wood Products from Fastmarkets join us as we delve deep into the intricate world of commodity lumber. We waste no time getting to the heart of the matter, exploring the dynamics of supply and demand that shape this industry. Tune in to gain invaluable insights into where the demand for lumber is heading for the rest of 2024. Plus, we uncover surprising revelations about North American production/consumption that will leave you astounded. Join us for an enlightening journey through the lumber landscape!2024-04-2546 minThe Lumber WordEP 71: Commodity lumber trading is never as good or as bad as it seemsThis week "The Lumber Word" dives deep into the recent market trends, incorporating insights from Montreal and leveraging over a century of experience navigating volatile lumber markets during uncertain times. Join us as we analyze the past 30 days' market movements, decode the latest developments, and provide valuable perspectives on commodity lumber trading. Whether you're a seasoned trader or just curious about the lumber industry, this podcast promises to deliver the best insights, strategies, and discussions to keep you informed and ahead of the curve in the ever-changing world of commodity trading.
2024-04-1829 minThe Lumber WordEP 70: Will the Real Lumber Supply and Demand Please Stand Up?"The Lumber Word" podcast delves into the intricacies of North American Lumber Supply and Demand in its latest episode. Hosted by Matt Beymer (MattBeymer@HamptonLumber.com (mailto:MattBeymer@HamptonLumber.com)), Gregg Riley (Gregg@Sitkainc.com (mailto:Gregg@Sitkainc.com)), and Ashley Boeckholt (Ashley@Sitkainc.com (mailto:Ashley@Sitkainc.com)) This episode features Russ Taylor (russtaylor@russtaylorglobal.com (mailto:russtaylor@russtaylorglobal.com)) from Russ Taylor Global, offering valuable insights and analysis. Discover surprising facts and trends that impact the lumber market, making this episode a must-listen for anyone involved in the lumber industry. In addition to the serious discussions, the hosts in...2024-04-0454 minThe Lumber WordEP 69: Oh Boy, Lumber How Low is Lumber Going on this Sell-off?This week on "The Lumber Word" podcast Episode #424 recorded on March 27th, 2024, we're joined by Charles DeLaTorre, bringing his expertise in SYP and OSB to the table. We dive straight into the market's downward trend across various items, exploring the potential depth of this decline and its implications for buyers and sellers in the industry. When will OSB stop? Additionally, we dissect the economics behind new home sales, offering insights that can bolster your understanding of lumber dynamics. Join us for a deep dive into these topics and let us enhance your lumber intelligence base. If you want to...2024-03-2846 minThe Lumber WordEP 68: Lumber Market Insider: Unveiling Trends and PredictionsIn this week's episode of "The Lumber Word," we’re joined by Any Carlo, LBM Editor for The HBS Dealer. We dive into the latest developments in the lumber industry. Andy shares insights from the reporting side, discussing the big housing numbers, Builders Confidence Index, regional variations, production data, and the lumber futures market. We also examine home center takeaways and forecast potential lumber price movements in the coming months. Whether you're a seasoned professional or new to the lumber market, this episode provides a comprehensive overview of what's happening and what to expect. Tune in for essential updates an...2024-03-2150 minThe Lumber WordEP 67: Lumber Laughs and Market MayhemThis week on "The Lumber Word" podcast, Matt, Gregg, and Ashley are joined by Joe Pepe from LMC, diving into market updates and discussing sentiments from LMC's recent Houston show. They ponder whether the market's upward trend is sustainable and explore potential challenges. The team also analyzes the CME March expiry and the premium on May lumber futures, examining booking timelines across the supply chain. Wrapping up with their signature segment, "marriage, date or break up," the episode is hailed as a must-listen. Tune in to hear their insights on the lumber market's trajectory. If you want to reach...2024-03-1444 minThe Lumber WordEP 66: Lumber Industry Insights: Navigating the Shifting Trading LandscapeThis week on "The Lumber Word," hosts Matt, Gregg, and Ashley take the reins solo and dive deep into the lumber industry's current landscape. With Ashley reporting live from the LMC show, the hosts reflect on the podcast's impact, questioning if they are divulging too much information and concluding that it's ultimately beneficial for the industry.
The hosts maintain their commitment to sharing valuable insights, ideas, tips, and tricks every week to bring lumber buyers and sellers closer to the industry's pulse. They explore the metaphorical "inning" of the lumber game, observing a gradual shift in power...2024-03-0749 minThe Lumber WordEP 65: If lumber is in the 3rd or 4th inning of the game, what inning is OSB in?Welcome to "The Lumber Word" podcast, where we delve deep into the world of commodity lumber trade. In this episode, we're thrilled to have Casey O'Neill on board as we explore the intricate dynamics of OSB and SYP in the lumber industry. Buckle up for a rollercoaster of market updates across regions, where we dissect the ever-evolving landscape of lumber pricing. The OSB discussion is a highlight, unraveling the intriguing spread between contracts and the spot market.
We keep you in the loop on Multi-Family trends, from a slow start to a gradual pickup. Dive into our...2024-02-2955 minThe Lumber WordEP 64: National Top Economists, Brian Wesbury, Talks Everything Housing and Lumber With UsIn this episode of "The Lumber Word Podcast," renowned economist Brian Wesbury from First Trust joins the discussion, offering insights into crucial economic aspects such as lumber trading, housing trends, and interest rates. The conversation delves into key indicators like housing starts, permits, and home sales, exploring the dynamics of building regions and the size of new homes. Brian's expertise sheds light on the potential trajectory of interest rates and speculations about Federal Reserve actions. The hosts address the political landscape's role in a successful housing market, tackling concerns about the disappearance of affordable homes and discussing prospects for...2024-02-2248 minThe Lumber WordEP 63: Is Lumber Going Down Before it goes Up? Welcome to "The Lumber Word,” podcast for 2/7/24 where we don our lumberjack shirts, grab our saws, and dive deep into the heart of the softwood lumber trading industry. This week, we've enlisted the expertise of Charles DeLaTorre to navigate the intricate world of SYP lumber. Join us as we dissect regional nuances, offering insights into the dynamic relationship between lumber sellers and buyers. Together, we embark on a speculative journey, predicting the twists and turns of the market. “Stick” around, and you'll uncover the unconventional items making waves in the industry. From the mysterious whereabouts of construction lumber in the pip...2024-02-0842 minThe Lumber WordEP 62: What Will European Lumber Imports Look Like In 2024?Welcome to today's episode of 'The Lumber Word'—your go-to podcast for all things lumber. On this date, 1/31/24, hosts Matt, Gregg, and Ashley are thrilled to have a special guest, Thomas Mende, President/CEO of Binderholz Timber, Inc…. Tune in as we delve into the latest updates on cash lumber and the futures market. Thomas joins the conversation to share invaluable insights on the significant global shifts impacting European lumber imports in North America. Get ready for surprising numbers and expert opinions on trading European lumber and SYP. Stick around as we wrap up with our favorite and not-so-favorite mark...2024-02-0134 minThe Lumber WordEP 61: Early 2024 Market UpdateWelcome to "The Lumber Word" podcast for 1/24/24, where the crew delves into the dynamic world of lumber. In today's episode, get a quick market update alongside insights into listener feedback. As the podcast expands, the team expresses excitement about covering more regions, species, and products. Exploring recent market movements despite widespread weather challenges, the team addresses a major curtailment and future market implications. Discuss lumber grades like WSPF, ESPF, DDF, GDF, SYP, and MSR and discover why large buyers lean towards cars or trucks. Stick around for personal insights on favorite products and those that have fallen out of f...2024-01-2532 minThe Lumber WordEP 60: Southern Yellow Pine in Today's MarketIn the latest episode of "The Lumber Word" podcast on January 17, 2024, Casey O'Neill from Industrial Forest Products joins the discussion to provide insights into Southern Yellow Pine (SYP) in the lumber market. The episode delves into the trading dynamics introduced by SYP and their impact on the values of other wood species. Special focus is given to the comparison between 2x4 9', 2x4 #2 SYP, and #3 SPF. The hosts share predictions on buying and selling lumber in the coming days, weeks, and months, acknowledging the uncertainty in their forecasts. The podcast promises valuable information for both experienced lumber traders and...2024-01-1833 minThe Lumber WordEP 59: Welcome to ”The Lumber Word” 2024 Premiere!Step into the world of lumber with a brand-new episode from the dynamic trio – Matt, Gregg, and Ashley! As we kick off the year, our first podcast for 2024 is packed with everything you've been eager to hear about in the construction lumber industry.
Join us as we dissect the latest actions of lumber buyers and mills from the past week, providing you with on-the-spot insights into market movements. Curious about the future of lumber? We've got you covered – delve into discussions about where lumber is headed and whether lumber futures hold significant value.
But that's not...2024-01-1239 minThe Lumber WordEP 58: Farewell to 2023"The Lumber Word" podcast had an interesting episode this week, covering a range of topics related to the housing and lumber industry. Here's a summary of the key points discussed:
Housing Starts and Permits: The podcast began by analyzing the latest data on housing starts and permits. The team seems optimistic about the strong numbers and delves into details such as completions and current homes under construction.
Lumber Market Overview: Despite the holiday season, there was a notable level of activity in the lumber market. The podcast goes into the specifics of prices and discusses the items that ex...2023-12-2229 minThe Lumber WordEP 57: 2023 Wrapped for the Lumber IndustryWelcome to this week's episode of "The Lumber Word Podcast" where Matt, Gregg, and Ashley reflect on the ups and downs of the lumber market in 2023. Gratitude sets the tone as they dive into comparing current lumber inventory with the same time last year, revealing surprising differences. Q1 2024 predictions spark lively debates, offering listeners varied perspectives. Housing trends and lessons learned this year become focal points in understanding profitable lumber trading strategies. As the team primes us for next week's forecast, they hint at market preferences and unveil exciting plans for 2024, including potential live appearances at industry events. Tune...2023-12-1433 minThe Lumber WordEP 56: Reports from Asia and Europe with Russ TaylorIn this milestone episode of "The Lumber World," we're privileged to have Russ Taylor from Russ Taylor Global as our special guest. Fresh from his travels in Europe and Asia, Russ brings a wealth of knowledge on global production costs, the intricate movement of lumber, and his forecast for the upcoming year.
But that's not all! The crew delves into the latest New Home sales and the Case Shiller housing index, providing a comprehensive analysis of their impact on the lumber market. A surprising revelation surfaces – Southern Yellow Pine is now up against the cost of production. Th...2023-12-0137 minThe Lumber WordEP 55: A Large Framer Takes Control of the Lumber Procurement and Commodity Risk Management ProcessJoin the insightful conversation on "The Lumber Word" as Chris Tatge, the visionary founder of DC Materials, shares his journey in exponentially growing his framing business in the US. In this episode, Chris dives into the art of framing, shedding light on how he strategically internalizes lumber spend for optimal business growth. Chris saw an opportunity to learn about the lumber market and take the risk of owning that process internally, something unheard of in his region. Uncover the secrets of buying and trading lumber with Chris, as he candidly discusses roadblocks and industry nuances. Chris also credits those...2023-11-1630 minThe Lumber WordEP 54: Debrief on Lumber after a 2-week move and the NAWLA Traders MarketIn this highly anticipated episode of "The Lumber Word" podcast, hosts Matt Gregg and Ashley return with a trove of industry insights after a two-week hiatus, offering a deep dive into the ever-evolving landscape of the commodity lumber market.
Beginning with a meticulous breakdown of the recent trading week, the hosts explore market influencers and dissect the delicate equilibrium between supply and demand. They also share exciting news from the financial sector, revealing that the Chicago Mercantile Exchange (CME) is in the process of developing a new Southern Yellow Pine (SYP) lumber contract, along with creating a...2023-11-1130 minThe Lumber WordEP 53: Lumber Trends and Insights with guest Joe Pepe from LMCWelcome to Episode 14 of "The Lumber Word," where we delve into the dynamic world of lumber and the latest trends impacting the industry. In this engaging episode, our special guest, Joe Pepe from LMC (Lumbermen's Merchandising Corporation), a leading lumber cooperative in the United States, shares invaluable insights into the lumber business.
Discover the fascinating journey of Joe Pepe, whose family roots in the lumber industry have shaped his career at LMC. Join us as we explore the common entry points into the lumber trade shared by both Joe and the show's hosts, Gregg and Ashley. You'll...2023-10-2640 minThe Lumber WordLumber Trends and Insights with guest Joe Pepe from LMCWelcome to Episode 14 of "The Lumber Word," where we delve into the dynamic world of lumber and the latest trends impacting the industry. In this engaging episode, our special guest, Joe Pepe from LMC (Lumbermen's Merchandising Corporation), a leading lumber cooperative in the United States, shares invaluable insights into the lumber business.
Discover the fascinating journey of Joe Pepe, whose family roots in the lumber industry have shaped his career at LMC. Join us as we explore the common entry points into the lumber trade shared by both Joe and the show's hosts, Gregg and Ashley. You'll...2023-10-2640 minThe Lumber WordEP 52: Lumber’s Market Pulse: Insights with Kyle LittleDiscover the latest in lumber market trends with 'The Lumber Word Podcast,' where industry expert Kyle Little, COO of Sherwood Lumber and CNBC contributor, shares invaluable insights into the dynamic world of lumber. Join Kyle, Gregg, and Ashley as they delve deep into the timber industry, discussing short and long-term market developments, housing starts, construction trends, and much more.
In each episode, the hosts unravel the mysteries of single-family and multi-family construction, exploring where the housing market is heading and the affordability of new construction versus existing homes. They also delve into the ever-pressing question of...2023-10-2040 minThe Lumber WordEP 51: Navigating Market Dynamics and ChallengesIn the latest episode of "The Lumber Word," your hosts Matt Beymer and Ashley Boeckholt take you on a captivating journey into the world of lumber, offering valuable insights for both newcomers and seasoned industry professionals. This episode is packed with a wealth of information about the lumber market, and it promises to be an eye-opening experience for anyone connected to the lumber and housing industries.
2023-10-1243 minThe Lumber WordEP 50: Economic Insights into Housing Trends with Lance LambertIn this episode of “The Lumber Word”, we are delighted to welcome Lance Lambert, the real estate editor for Fortune, who also contributes daily articles to the prestigious publication. Lance's profound expertise in economics and housing data, along with his active presence on Twitter (@NewsLambert), makes him a highly regarded figure in the field.
Together, we take a deep dive into the intricacies of the housing market, examining its various components and current state. Additionally, we explore the fascinating world of the lumber industry and how Lance's data analysis contributes to better understanding and preparation for the futu...2023-10-0548 minThe Lumber WordEP 49: Lumber Futures 101This week, the guys talk all about the ups and downs of lumber futures with guest Greg Kuta from Westline Capital Strategies. Don't know the first thing about lumber futures but want to learn? Then your first step is to press play!
2023-09-2958 minThe Lumber WordEP 48: Post Lumber Industry Event RundownThis week, Ash just came back from two industry events, where he shared his thoughts on the market, but also heard from industry leaders about theirs. Where does the lumber market look like it's going three weeks into September? Find out this week on the Lumber Word!
2023-09-2245 minThe Lumber WordEP 47: The Changing of Seasons for LumberAs summer is coming to an end and fall starting, how does that affect the lumber industry both domestically and internationally? Find out on this week's episode of the Lumber Word!
2023-09-1528 minThe Lumber WordEP 46: Lumber’s Unknown UnknownsTrying to tell the future is a tricky business. There are things that we know, things that we know that we don't know, and things that we don't know that we don't know.
This week, the guys go over their predictions of the lumber market based on what they know, what they think they know, and what they hope they know!
2023-09-1427 min
The Lumber WordLumber's Unknown UnknownsMatt, Gregg and Ashley talk about lumbers known knowns, known unknowns and unknown unknowns. We'll refine confusion in lumber and ignite creativity. 2023-09-0730 min
The Lumber WordLumber's Unknown UnknownsMatt, Gregg and Ashley maximize the conversation on lumber and ignite conversation. We go through the weekly update and then get philosophical about the know knowns, known unknowns and unknown unknowns in this market. You'll be smarter and happier listening. 2023-09-0630 min
The Lumber WordEP 45: Your buying what in lumber?Matt, Gregg and Ashley talk about the past week in the lumber market and what the future brings. Are people buying? Are mills making money? Is volatility gone? Sup with Euro? We go around the horn to answer these questions. If you buy or sell lumber you don't want to miss it
2023-08-3037 min
The Lumber WordEP 44: Lumber Climbing the Wall of Worry EpisodeMatt Layman, Gregg Riley and Ashley Boeckholt talk about how lumber inventory is being run at lighter levels. Housing sizes are getting smaller, and we talk about the items that win and lose in this scenario. SYP getting near shut-down costs? Where is Euro? How lean or heavy is inventory. One more round of marry, date and break up with.
2023-08-2436 min
The Lumber WordEP 43: Late Summer Lumber Rally!Matt, Gregg and Ashley talk about what lumber items they would date, divorce and marry. If you are a lumber slinger you want to listen to this.
2023-08-1731 min
The Lumber WordEP 42: The Lumber Word Episode 42Matt, Gregg and Ashley talk about what is happening in lumber liquidity. What are the industry veterans doing? Where is the market going?
2023-08-0928 min
The Lumber WordThe Lumber WordMatt, Gregg and Ashley get together and breakdown the current commodity lumber move.
Where are spot prices going?
Where is the inventory?
Is supply and demand close?
What is distribution doing?
What are the experts doing with inventory?
2023-07-2934 min
Business Black BeltsAshley Boeckholt, CRO & Co-Founder of MaterialsXchange shares how he has become successful in the traditionally difficult lumber industry: Business Black Belts Episode 20Ashley Boeckholt, CRO & Co-Founder of MaterialsXchange shares how he has become successful in the traditionally difficult lumber industry.2022-03-3144 min
Timber & Technology Podcast by Timber ExchangeEpisode 1: Interviewing MaterialsXchange on digitization of the US lumber market, market performance/outlook & role of technology in tradeIn our first episode with our special guests Mike Wisnefski and Ashley Boeckholt from MaterialsXchange we discuss; Digitization of US lumber markets and its benefits, how the US market operates today and its outlook and finally the future of the industry and what technology can contribute in the near and long term.Find out more atwww.timber.exchangewww.centersource.iowww.materialsxchange.com2020-11-2638 min
Eye On IndustryEpisode 2: LumberToday, we’re going to be talking about wood, or to be more accurate lumber.
Lumber has been in the news a lot these days – mostly because of its price – which despite a recent selloff, has outperformed gold as commodity over the past five months.
As we’ll soon learn, lumber is a pretty critical component of the housing market – which even in the midst of record unemployment – is booming.
According to the US Census Bureau -- July saw a nearly 23% jump in U.S. home construction from the prior year -- at a seasonally...2020-08-2825 min