Widman’s Market Update

Cash markets remain quiet as multiple weather-related issues continue to deter business, while buyers attempt to hold out as long as they can before jumping back in. Mills offering up minimal discounts. WSPF #2&btr 2x4s are quoted in a wide two-tiered range of $370 wholesale – $400 mill per Mbf. Quotes at this time last year were trending much higher, trading in a range of $540 – $545 per Mbf. Spring is arriving, supplies not oversupplied at the mill level. Look for much stronger pricing ahead.