188: Low Inventories, Lower Expectations — What's Holding Lumber Up?

Low inventories. Weak demand. Struggling mills. So why hasn't the lumber market fallen apart? In Episode #188 of The Lumber Word, we welcome Mike Logelin of Gulf Coast Shelter to discuss the North American lumber market, Southern Yellow Pine, SPF, housing demand, and lumber futures. We dig into: • Southern Yellow Pine vs. SPF pricing • Mill profitability and production curtailments • Housing starts and construction demand • Lean inventories and buyer behavior • CME lumber futures and hedging • European lumber imports • The outlook for lumber prices heading into 2027 Are lumber prices finding a bottom, or is the market facing another leg down? Join The Lumber Word Insiders on Patreon for early access to our live weekly market discussions. Subscribe for weekly lumber market intelligence from people actively buying, selling, and trading lumber. #TheLumberWord #LumberFutures #LumberMarket #SouthernYellowPine #HousingMarket