Stinson Dean

Stinson Dean, founder of Deacon Lumber, shares his expert insights into the recent crash in lumber prices, which have plummeted by 20% during peak homebuilding season. He explores the surprising demand dynamics in the housing market and how post-pandemic renovation trends have reshaped supply. Stinson also discusses the challenges lumber mills face with inflation and labor management. With a light-hearted touch, he contrasts today's scenario with the skyrocketing prices of 2020 and 2021, providing a fascinating perspective on the lumber industry.

Stinson Dean, Founder and CEO of Deacon Lumber, shares his insights on the wild swings in the lumber market, where prices skyrocketed before collapsing due to unique factors, not just housing slowdown. He sheds light on how storage issues and oversupply triggered this volatility. Dean also discusses the labor market dynamics in the lumber industry, emphasizing competitive wages and workplace culture. His expertise offers valuable lessons for traders and the construction sector amidst fluctuating economic signals.

Stinson Dean, CEO and founder of Deacon Trading and a lumber market expert, dives into the skyrocketing prices of lumber that have captivated the nation. He explains the interplay of diminished sawmill capacity, a surge in home renovations, and homebuilding demand as key drivers of this phenomenon. Dean discusses the complexities of the lumber supply chain, the impact of environmental policies, and market psychology shaped by past financial crises. He also touches on the nuances of lumber futures and the evolving dynamics between producers and builders.