Buying Futures in the Cash Markets Has Made It Harder to Trade Lumber

There's no wayto to find a busy lumber yard owner who's worried about a truck that's late, you know, not paying attention to lumber prices. That doesn't happen any more. We have professional, extremely sophisticated and very smart, centralized buying floors at these dealers for all their locations across the country. So there're just all sorts of different inefficiencies. The biggest carry we've seen was later the same year, was a forty five dollar discount to the next contract 60 days out.