National Hardwood Magazine - October 2022
In the latest issue of National Hardwood Magazine, get to know Holt & Bugbee Company, learn about Pennsylvania Hardwoods' expansion, and much more.
In the latest issue of National Hardwood Magazine, get to know Holt & Bugbee Company, learn about Pennsylvania Hardwoods' expansion, and much more.
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U.S.A. TRENDS<br />
Supplier news about<br />
sales, labor, prices, trends,<br />
expansions and inventories<br />
LAKE STATES<br />
NORTHEAST<br />
SOUTHEAST<br />
WEST COAST<br />
<strong>Hardwood</strong> lumber sales are proceeding in the Lake<br />
States region but are being pulled down in some cases<br />
by market forces, according to sources recently contacted.<br />
A sawmill representative in Michigan remarked, “Markets<br />
on certain items seem like they’re still very strong.<br />
Stockpiles on other items at our customers’ places of<br />
business are up right now. I would say there are a lot of<br />
customers who seem to be working through inventory<br />
and are buying more cautiously or on an absolute-need<br />
basis.”<br />
The <strong>Hardwood</strong> markets in the Northeast are inconsistent,<br />
with one sawmill representative recently reporting<br />
a lack of demand in the United States for his specialty<br />
<strong>Hardwood</strong> items.<br />
A Massachusetts sawmill and wholesale representative<br />
said, “I don’t like the pricing. Pricing is still too low.<br />
We do a lot of specialty work. There’s not much demand<br />
here in the U.S. for that. All of my business is still export.<br />
I have some standing orders overseas, so I have been<br />
lucky in that respect.<br />
“There is virtually no labor available in this part of the<br />
In the Southeast, sales of <strong>Hardwood</strong> lumber are good<br />
at the time of this writing, but there is a hint of negative<br />
factors in the marketplace.<br />
An Alabama sawmill representative stated, “Marketwise,<br />
sales are sporadic. You have some folks who<br />
have overbought with higher priced lumber and are waiting<br />
to move it out, so they’re curtailing their purchasing.<br />
For other folks, everything’s fine for them and we sell<br />
to them. Right now, it’s not correct to say it’s absolutely<br />
tough. It’s not as tough as it has been in past years. But<br />
we’re way past the peak of this enormous runup of a<br />
At the time of this writing, <strong>Hardwood</strong> sales on the West<br />
Coast are slower than they have been lately and there is<br />
a degree of uncertainty about how the economy will go.<br />
A lumberman in California stated, “It’s not as busy as<br />
it has been but not bad. You give quotes, the jobs are<br />
going to happen and it’s just a question of when they’re<br />
going to need the wood. That’s what’s going on. There’s<br />
a lot of quotes going on which will turn into orders. I’m<br />
not saying it’s overly busy, but it’s not that bad either.”<br />
The market is “about the same” as it was several<br />
months earlier, he remarked. “I’m more optimistic than<br />
Please turn to page 35 Please turn to page 40<br />
Please turn to page 41 Please turn to page 42<br />
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10 OCTOBER <strong>2022</strong> n NATIONAL HARDWOOD MAGAZINE www.RealAmerican<strong>Hardwood</strong>.org<br />
www.RealAmerican<strong>Hardwood</strong>.org<br />
OCTOBER <strong>2022</strong> n NATIONAL HARDWOOD MAGAZINE 11