RANDOM LENGTHS: Southern Pine 2×12 prices an outlier for 2019 market
EUGENE, OR, Aug. 16, 2019 (Through a Knothole) -Southern Pine #2 2x12 prices have been an anomaly during 2019. While price fluctuations in other widths have been mostly moderate, 2x12 in all regions sustained a steep increase through the first three months of this year and have stayed at or above prices reported in 2018.
2x12 typically experiences a run at the end of the year when heavy rains saturate forests and limit supplies of larger logs. But in November 2018 prices soared after coming off historical levels in June of that year. The surge lasted through early March 2019.
Most traders ...