EP 165: Spring-time Round Up
Summary
Recorded during Montreal Wood Convention week with Kip Fotheringham, this episode breaks down a confusing but strong lumber market.
Truck demand is hot, rail is lagging, and inventories are being drawn down while big buyers stay just-in-time. Euro supply is tightening, tariffs remain a wildcard, and mills still aren’t making money—keeping supply in check.
The big question: Is this market about to roll over… or keep grinding higher?
Timeline
0:00 – Market confusion + SYP volatility
2:00 – Truck vs rail market split
4:00 – Inventory drawdown strategy
6:00 – SPF strength + tight supply…
The skinny
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