LUMBER: This week we witnessed lumber prices tumble below last year's highs, as the market continues to correct itself. I believe this downward trend will stop soon and flatten out or event bounce back up when buyers see a perceived low spot and restock their shrinking inventories. PANEL: Although, last week's panel prices showed a slight drop, this week was flat. A correction is coming soon. Paul Tarca Head of Purchasing Concord Lumber Corporation ptarca@concordlumbercorp.co

LUMBER: We are continuing to see a correction in the lumber market as prices come off even faster than they went up. I predict this price correction will continue in the coming weeks even as demand remains steady, and mills are getting ready for maintenance shutdowns in July. Hold on tight, the roller coaster may be heading down but somewhere near the bottom, I see us going back up like a slingshot. PANEL: The panel market came off a bit for the first time in months but the

LUMBER: We are now in full swing of a major correction in the market that we all knew was coming. Now the question is how violent will the correction be? Mills came off hundreds of dollars per thousand to entice buyers but most buyers if not all sat on the sidelines. This is all taking place as demand is still strong and July maintenance shutdowns for mills are coming. Kind of a market that is totally opposite of what you think it should be. But who is shocked by this mark

LUMBER: After a short week we saw prices come off sharply, while demand stayed somewhat brisk. The chess match now begins, with this strong demand comes additional market strains such as extended lead times due to trucking issues, and most buyers are still waiting for material, priced higher than the current market, to be delivered, plus it looks as though prices will fall again this coming week. After nine months of lumber market gains, are we looking at a historic collapse