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Market Brief

October 16, 2020 - Most industry contacts remained relatively upbeat this week, although a few were still cautious in their outlooks. One producer was pleased to have a “supply the customer” problem instead of a “no order” problem. “There is life to the market,” added another contact, “and domestic lumber moves at a fast rate.” Most hardwood sawmills contacted operated full schedules, with a few running double shifts. Labor remains a big concern, but trucking availability has improved for some. Discussions about lumber shortages were frequent, with quite a few contacts indicating low inventory levels.