Lumber and plywood have leveled off after a historic run.  In 9 weeks OSB pricing was up by over 80% and OSB drives most of the commodity market. We are at very high historic levels on plywood and above average on lumber.  The is a lot of talk that this market will remain strong for another fe w months as mills have order files 4-5 weeks out.  There is enough positive news in the housing market but it remains to be seen if we will even get to 900,000 housing starts.  Most experts agree that we need more than 1.2 Million starts just to service those entering home ownership age.  Thus, this market is setting to be strong moving forward.  Pent up demand, lower numbers of predicted foreclosures, and  employment finally getting some traction.

On another note, speciality products are begining to rise.  Cedar, Fir, Pressure Treaded, Fire Treated, Engineered wood are all raising prices anywhere from 5% to 30%.  Its a bull market in the Lumber Business!