Canadian lumber tariff imposed by Trump administration

[Joseph Hennis]

So my guess is, the lumber tariff will raise lumber prices, reducing new home construction activity, further tightening an already tight housing supply. Long term, this means RE values will go up. This is just my surface impact analysis of this move by the Trump administration.

What are your thoughts BP?

[Jay Hinrichs]

@Patrick Liska  lumber prices flucuate through out the year and the cycles... lumber futures are traded at the exchanges.  just like orange juice and hog bellies.

us and Ca have been wrangling over this stuff for as long as I have been around the log supply business. and at least in BC ( British Columbia) the largest timber concern is Warehouser an american concern... :)

our lumber pac's this year are consistent with last year.

what the beef is the crown sells stumpage at an artificially low price compared to what the state and federal timber in US is sold for on the stump and what private timber owners sell their stumpage for.. thereby giving CA and unfair advantage  ergo tarrifs..

the delivered log price on the west coast has not changed dramatically this logging season.