Industry Forecast - Lumber Pricing & Market Predictions

LUMBER: April is over and the market came off again this week. The new feeling however is we could be at the bottom as mills have now announced shutdowns and curtailments to reduce inventory levels. Stay tuned because if we are at the bottom, supply could dry up quickly and run this market up a bit.

PANEL: Panel market stayed flat also this week. There just wasn't much going on from the demand side of the business.