Monthly Archives

April 2015

Lumber Pricing Update April 2015

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John-Colley-Final-1024x1024I think it is safe to say that spring has finally sprung.  Warmer temperatures usually signal a change in lumber pricing as demand ticks up with every degree.  While we are still early in the building season.   Below you will find my fill lumber pricing update for April 2015.

Demand plays a role in the price of lumber but other factors such as supply, transportation and exchange rates also play a part in pricing.  Since last July the strong U.S. dollar has given Canadian mills a favorable return for shipments of lumber into the United States.  Offshore demand has been intermittent and I think many foreign buyers can get better pricing from Russia despite their reported logistical problems.  Seasonal rail issues are dissipating and trucking for the moment is benefitting from better fuel costs than last year.  All that being said, pricing on lumber this spring is inching downwards.

Why hasn’t pricing moved down faster?  Mills are holding pricing while anticipating seasonal demand.  A few weeks ago news of a West Fraser/China deal prompted the futures market to bump up a bit but it promptly moved back down when the news didn’t create much of a market run.  There is also bottom side protection at these market levels as tariffs are coming into effect; April starting at 5% and then 10% in May.  Because of these pending tariffs, I would look for studs and lineal to stay on the softer side over the course of the next few months and there are no major surprises that I can see on the horizon.

OSB pricing also seems to be flat.  Ample production has kept enough supply on the market to keep numbers on the low side.  Should numbers get much lower the mills will “fix” the pricing problem with curtailment.  They claim they can dial back production but at this point I wouldn’t expect it to happen until after any spring needs are fulfilled.  Remember though, when OSB pricing is this low there is little downside potential and all upside potential.  At this point I don’t think pricing is going up unless the mills start shutting down.

Wider dimensional lumber is also on the soft side but it is much more stable than the narrower offerings.  Many engineered substitutes have taken a bite out of the wide dimensional lumber market and like the other lumber offerings, pricing is slowly inching downwards, but it appears to be more stable.  Southern Yellow Pine on the other hand is getting a boost from seasonal demand.  Many treating plants have jumped into the market to pick up their spring material needs prompting pricing of wider SYP to inch upwards.  I would expect pricing on SYP to remain a little more firm into the spring at this point.

As always, we are trying to pick up material that we feel will be of good value to you and that will help you keep your quoted pricing stable for as long as possible.  Please let us know if we can help you with any special situations.

Home Construction Loans

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For the next several weeks Zeeland Lumber & Supply’s ‘At Home Show’ is focusing on the real estate market and how it relates to you.  Upcoming guests include real estate agents, lawn care professionals and painting experts.  In the first episode of this series, Mark VandenBosch sat down with Jen Baker from Chemical Bank.  The pair discussed the current state of lending.

In the clip below Jen and Mark talk about home construction loans.  The pair debunk the ‘20% down payment myth’ and outline two loans options for people looking to finance a new home construction build.

Home Construction Lending

 

To download the full episode of this show visit: http://whtc.com/podcasts/at-home-with-whtc/

How to Install Trex Railing – Part 1

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Zeeland Lumber & Supply’s Jay Ellsworth joined forces with Jeff Ruddick from Trex to offer a tutorial on how to install Trex Railing.  In the first video Jeff illustrates how to use the Trex cardboard template to install brackets into your post.

How to Install Trex Railing

Considering a Change?

If you are considering switching from a treated lumber deck to a composite option leave your contact information below.  Zeeland Lumber and Supply proudly offers design and installation services.

How to Install Trex Railing – Part 2

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In the second video in Zeeland Lumber & Supply’s series; ‘How to install Trex Railing,’ Jeff talks you through bottom bracket installation.

How to Install Trex Railing – Part 2

 

Considering a Change?

If you are considering switching from a treated lumber deck to a composite option leave your contact information below.  Zeeland Lumber and Supply proudly offers design and installation services.

How to Install Trex Railing – Part 3

By | Homeowner News, Professional Builder News, Projects, Videos | No Comments

Zeeland Lumber and Supply continues their series; ‘How to Install Trex Railing.’  In the video below Jeff Ruddick installs balusters onto the deck.

 How to Install Trex Railing – Part 3

Considering a Change?

If you are considering switching from a treated lumber deck to a composite option leave your contact information below.  Zeeland Lumber and Supply proudly offers design and installation services.

How to Install Trex Railing – Part 4

By | Homeowner News, Professional Builder News, Projects, Videos | No Comments

Zeeland Lumber & Supply concludes their series, ‘How to install Trex Railing.’  In this final installment Jeff and Jay put the finishing touches on the railing system.

How to Install Trex Railing – Part 4

Considering a Change?

If you are considering switching from a treated lumber deck to a composite option leave your contact information below.  Zeeland Lumber and Supply proudly offers design and installation services.

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Partner Summit 2015

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Zeeland Lumber & Supply is proud to announce that registration is now open for the 2015 Zeeland Partner Summit.  This year’s show features several new additions while continuing your favorite attractions from previous years.  Dr. Paul Isely will return to deliver a west Michigan focused economic forecast, while the Greater Grand Rapids Home Builder’s Association (HBA) will be presenting educational breakout sessions throughout the evening.
The 2015 Zeeland Partner Summit keynote presentation will be presented by former Detroit Lion’s Kicker, Jason Hanson.  Hanson had a 20 year career with the Detroit Lions boasting two trips to the pro-bowl and multiple kicking records.  Taking from his experiences in the NFL, Hanson will be sharing his ‘Lessons in Leadership.’

Please register for the 2015 Zeeland Partner Summit below.  If you have any questions about this year’s show, please contact Tony Huver at 616-879-1106 or at tonyh@zeelandlumber.com

Schedule of Events

5:00 p.m. – 5:45 p.m.: Lessons in Leadership by former Detroit Lion’s Kicker Jason Hanson.

6:00 p.m. – 8:30 p.m.: Building Products Tradeshow

Breakout Sessions:

1:30 p.m. – 3:30 p.m.: 90 Minute Law School

4:00 p.m. – 4:45 p.m.: Michigan Economic Forecast by Dr. Paul Isely

7:00 p.m. – 7:15 p.m.: Top 10 Residential Code Changes

7:20 p.m. – 7:35 p.m.: Potential Impact of State Regulations

7:40 p.m. – 7:55 p.m.: Easy Marketing. How to take advantage of marketing opportunities from the HBA of Greater Grand Rapids.

2015 Zeeland Partner Summit

Cost: Free to Zeeland Partners
Thursday, February 26, 2015
1:30 p.m. – 8:30 p.m.
Eberhard Center
301 Fulton
Grand Rapids, MI 49506