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Market Brief

January 22, 2021 - Reports about prices leveling over the last several weeks turned out to be premature for most items, as prevailing prices continued to climb across many species, grades and thicknesses in all regions. Solid domestic and export demand are in play, but shortages remain the driving mechanism. And, the shortages are not just stressing buyers. One contact said his sawmill lost some production time in 2020, and though all of its kilns are now full, it is a challenge to spread lumber around to its regular customers.