The Lumber Word

Matt, Charles, and Ashley run the desk while Gregg’s in Canada. With light trading, mills sitting still, and buyers hesitant, the market’s stuck in confusion. Housing starts look steady, but tariff noise has everyone frozen. Will SPF pick a direction, or will SYP and U.S. species finally wake up?   Show Contacts Gregg Riley: Gregg@sitkainc.com Charles DeLaTorre: cdelatorre@ifpwood.com Matt Beymer: mattbeymer@hamptonlumber.com Ashley Boeckholt: ashley@sitkainc.com  

This week, we’re calling our shot on just how low September Lumber Futures could go—and why a cash market adjustment may be right behind it. If you’re buying, selling, or negotiating in the next 30 days, you’ll want to hear this. We’re also joined by returning guest Chris Beard from John Burns Research & Consulting, with sharp insights on builders powering through price swings, the rise of build-to-rent, and SYP–SPF species swaps. Packed with market moves, builder intel, and trading tips you can use now.   Show Contacts Guest Chris Beard: chrisbeard@jbrec.com Gregg Riley: Gregg@sitkainc.com Charles DeLaTorre: cdelatorre@ifpwood.com Matt Beymer: mattbeymer@hamptonlumber.com Ashley Boeckholt: ashley@sitkainc.com  

Join hosts Matt, Gregg, Ashley, and Charles for Episode #133 of "The Lumber Word" Podcast, your weekly deep dive into the wild world of lumber markets. This episode unpacks the latest cash and futures trends, explores key inflection points amid truckers scrambling for orders, and mills in Canada and the US starting to look for real orders. We debate why raising prices doesn't always mean buyers bite, how CVD/AD duties are baked into costs, and the curious pull-up of species prices in a vacuum. Plus, insights on SYP's potential sell-off, Canadian production costs hitting $700 US in Chicago, CME basis adjustments, and testing channel bottoms. Is Hem-Fir the new CME basis that traders will look at since it can be delivered? We discuss potential curtailment announcement risks, deep discounts on truck orders from the secondary market, fading demand despite rate drop discussion, undervalued gems like 2x12 coastal and Green DF items, big boxes shifting to SYP premiums, seasonal weakness ahead, buyer/seller strategies, and finally selling those FJs at a premium. Whether you're buying, selling, or just timber-curious, this episode delivers the unvarnished truth on lumber's twists and turns! Show Contacts: Gregg Riley: Gregg@sitkainc.com Charles DeLaTorre: cdelatorre@ifpwood.com Matt Beymer: mattbeymer@hamptonlumber.com Ashley Boeckholt: ashley@sitkainc.com

This week we’re joined by John H. Dolan, independent market maker for the CME S&P Case-Shiller Home Price Index futures. John breaks down how the index works, who uses it, and the game-changing potential it holds for anyone exposed to home price risk. Whether you own one home or thousands, are building spec homes, or just want to lock in a regional housing price—this is a must-listen. We were blown away by the possibilities! Visit John’s site at www.homepricefutures.com and follow him on X at @HomePriceHedges to dig deeper. After John signs off, Gregg, Matt, Charles, and Ashley get back to lumber—revisiting last week's takes and updating where we see the market heading. From SYP to SPF to Euro, we drop some actionable insights for buyers and sellers alike. Jump in and keep riding with the fastest-growing podcast in the lumber industry!   Contacts Guest: John Dolan johndolan@homepricefutures.com Ashley Boeckholt Ashley@Sitkainc.com Matt Beymer Mattbeymer@hamptonlumber.com Gregg Riley Gregg@Sitkainc.com Charles DeLaTorre cdelatorre@ifpwood.com

Russ Taylor of Russ Taylor Global is back, and he’s bringing the global heat! We kick off with the current AD/CVD drama and whether Southern Yellow Pine producers are making money—Russ has the receipts. Matt lays out the price cuts in the cash market, while Gregg points out a wild nearly $100/MBF gap between CME futures and deliverable Hem-Fir. Charles and Russ dive deep into mill residuals and how they're skewing Southern costs, and Ashley keeps the crew on track with a wide-angle view of the market. It’s a fast-moving, info-packed episode with insights you won’t get anywhere else. Oh—and happy birthday to Matt’s wife! 📩 Contact Russ Taylor (Russ Taylor Global): russtaylor@russtaylorglobal.com   Gregg Riley: Gregg@sitkainc.com   Charles DeLaTorre: cdelatorre@ifpwood.com   Matt Beymer: mattbeymer@hamptonlumber.com   Ashley Boeckholt: ashley@sitkainc.com

Matt is back in the saddle for Episode #130 with a recap of the Inland Lumber producers' outing—including what he saw, heard, and how it might impact your trading mindset. Charles gives us a fresh update on the SYP market, and Gregg drops his latest forecast as we roundtable the market outlook for the next 45 to 90 days. Want to know how we’re managing our inventory through all this? We lay it all out. As always, thanks for listening—and don’t forget to tell a friend (or your mill rep).   Show Contacts Matt Beymer MattBeymer@HamptonLumber.com Charles DeLaTorre CDelatorre@ifpwood.com Gregg Riley Gregg@Sitkainc.com Ashley Boeckholt Ashley@Sitkainc.com

Bart Charles returns, and we’re not mad about it. This week, we unpack the buzz around Hem-Fir now being deliverable on the CME lumber contract—try to stay with us, it’s worth it. Gregg walks through what’s happening in the cash markets and how deep the inventory buying goes. Then we all weigh in on how much of the upcoming CVD/AD action is already priced in. As usual, we gave away more trading insight than we should’ve… but if you’re listening, we figure you earned it. Contact the show members at: Charles@AtlanticForest.Com Gregg@Sitkainc.com Ashley@Sitkainc.com

Matt and Charles join Ashley to break down what’s going on in the commodity lumber market as we wrap up June. The crew dives into SPF and questions whether it’s still holding a premium simply because traders think it should. With new home sales softening and housing data turning shaky, is there anything fundamental propping it up? We talk about the pain of owning 2x6—why it feels rough right now, what could flip the script, and why mills are still cutting it anyway. Plus, Matt and Charles get into the details of Hampton’s new SYP mill coming to South Carolina. What does the wave of new Southern Pine capacity mean for the market? If you’re in the lumber game, this episode will make you sharper—and you might just laugh a little along the way.   Reach the Show's Personalities Below: MattBeymer@Hamptonlumber.com Cdelatorre@IFPWood.com Gregg@Sitkainc.com Ashley@Sitkainc.com

This week, Matt and Ashley are joined by Bart Charles from Atlantic Forest Products, one of the top cash and futures traders in North America. We dig into what we’re doing with our current positions and what we see ahead in the lumber market. From May housing numbers to the looming increase in Canadian CVD and AD duties, we cover the major forces shaping the near- term outlook. We also unpack the CME premium and what it means for basis, mill behavior in the cash market, and where customer inventories stand today. This episode is loaded with insights you won’t hear anywhere else. If you’re in the business of buying or selling construction lumber, this is a must- listen. Contact the show participants at: Charles@AtlanticForest.com MattBeymer@HamptonLumber.com Ashley@Sitkainc.com

With Gregg off to Europe for a few weeks, the rest of the crew held down the fort and had plenty to unpack. We kicked things off by acknowledging the incredible growth of our audience—thanks to the many decision-makers across the industry who tune in every week. This week’s market feels... weird. Confusion reigns as everyone waits for the updated Anti-Dumping (AD) and Countervailing Duties (CVD) on Canadian lumber. While the consensus is that prices will trend higher, mills are quietly cutting below-the-published-number deals to keep volume moving. Southern Pine remains painfully cheap, and we're openly asking: how much longer can some mills hold on? We also (just barely) grazed the third rail—politics—before steering it back to what matters: the supply chain, the market moves, and what you should be watching over the next few weeks. Hit play, crush the like button, and stay sharp with the #1 lumber podcast in America.   If you want to leave us a note, or get in for an early summer advertising discount visit us at:  https://www.thelumberchannel.com/contact Or directly at: Mattbeymer@hamptonlumber.com Cdelatorre@ifpwood.com Gregg@Sitkainc.com Ashley@Sitkainc.com