100 Days and Counting

[Johnny P]

Just over 100 days in to Slo Joe's presidency and gasoline is up 62%. Only 1360 days to go.

[Major Tom]

And lumber is up 200%, beef up 70%, and most grocereys are up at least 20%. It had to happen when money is printed by the train load, the value of the dollar falls. No surprise for common sense people, but democrats are treating the economy crisis like the border crisis!

[Johnny P]

Fairly large timber industry in my part of the state. Land owners and timber cutters not seeing any of the increase in lumber prices.

I have timberland in an adjoining state, and recently got a proposal from a a company wanting to purchase my land. Their proposal wasn't as much as the timber alone was valued at.

[Roadkingtrax]

It's almost like increased demand raises prices or something.

Making America great doesn't remove basic economic principles. Got to love zero percent interest rates and money to spend.

[togor]

It's almost like increased demand raises prices or something.

Making America great doesn't remove basic economic principles. Got to love zero percent interest rates and money to spend.

In 2020 or 2021?

[Roadkingtrax]

In 2020 or 2021?

Right now. A year of redirected economies, manufacturers slowing or idling production based on reduced demand. Now, as things begin to open...suddenly, inflation is a surprise to some people?

[togor]

Right now. A year of redirected economies, manufacturers slowing or idling production based on reduced demand. Now, as things begin to open...suddenly, inflation is a surprise to some people?

Auto industry forecasts for semiconductors definitely missed actual need.

If Trump were still president these supply problems would be the same but some people would definitely talk about them differently.

[Roadkingtrax]

Trump has as much to do with this as Biden. Unless we're talking about the actual response to Covid, but here...this is strictly economic factors of the most basic principles.

[Sandpebble]

Seems to me we were lamenting the huge increase in cost of pressure treated lumber right here on this forum PRIOR the the past election.

Two years ago when I whined about my businesses costs spiking 17% no one here would offer a burp ...

Suddenly we are all concerned about the rising costs ..... but for some reason we ignored the incredible rise in costs of everything two years ago,

I didn't ignore those costs as they just about put me out of business. ,.... That's what happened to blue collar business men as opposed to retired stock holders

[Roadkingtrax]

You want to talk about the price of lumber? Have you priced a "decent" M1 Garand lately?

[lyman]

Seems to me we were lamenting the huge increase in cost of pressure treated lumber right here on this forum PRIOR the the past election.

Two years ago when I whined about my businesses costs spiking 17% no one here would offer a burp ...

Suddenly we are all concerned about the rising costs ..... but for some reason we ignored the incredible rise in costs of everything two years ago,

I didn't ignore those costs as they just about put me out of business. ,.... That's what happened to blue collar business men as opposed to retired stock holders

actually, I asked you very specific questions about your business when you were complaining, and you never replied ,

[Art]

The timber industry is a big deal in east Texas. There's a reason there are towns there named "Lumberton" and "Woodville." They are logging really heavily right now. A lot of the trees I see on trucks going to the mill in Tyler and Hardin counties would be 5 - 7 years away from harvest ordinarily. I bought some plywood and pressure treated 1x6s and I was frankly shocked at the price. 2x4x8 #2 common yellow pine is running $7.00 to $8.00 dollars a board now and if its marked "severe weather" it's over $10.00.

The lumber companies here seem to be striking while the iron is hot.