Lumber prices up more than 350 percent, according to new analysis

The sticker shock on a wide variety of goods supports the inflation prediction. Perhaps the biggest jump we have seen is the price of lumber.

A new analysis shows just how inflated prices are right now.

Ag Web reports:

  • Prices are up more than 350 percent from this time a year ago

  • There has been a 70 percent jump this year alone

  • Those prices are not trickling down to producers, according to price reporting service Timber Mart South

  • The market is hyper-local right now

  • Stumpage prices across the south are about 2.5 percent higher, but in southern Georgia, stumpage is up 12 percent

Now the big question is why are prices so high? From a broad perspective, supply and demand, but labor shortage and wet weather are also factors.


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