How much does it cost to subscribe?
There is no cost to subscribe, but donations are gladly accepted. Sponsors and advertisers help cover much of the expenses incurred for the Shoe’s Lumber Report website. Yet, at present, their generous support does not fully fund the site’s content creation, maintenance, and expenses. So donations are gladly accepted to help bridge the gap for readers and supporters who desire to ensure Shoe’s Lumber Report remains for years to come.
You refer to the Composite price. How is the composite calculated?
The composite price consists of the seven following equally weighted products:
- KILN DRIED DIMENSIONAL 2X4 #2/BTR COAST HEM-FIR
- KILN DRIED DIMENSIONAL 2X6 #2/BTR COAST HEM-FIR
- KILN DRIED DIMENSIONAL 2X10 #2/BTR COAST HEM-FIR
- KILN DRIED STUDS 2X4-8′ PET #2/ #2/BTR COAST HEM-FIR
- GREEN DOUGLAS FIR, RL 4X10, 8/20′ (Portland)
- ORIENTED STRAND BOARD 4X8X7/16″ (Seattle)
- ORIENTED STRAND BOARD 4X8X23/32″ T&G (Seattle)
What basis do you use for the price changes you reflect on your reports?
I reference the reported price changes according to Fastmarkets RISI Random Lengths Reports to track and report all price fluctuations in the market. I report on the percentage movements of the commodity products I follow. Fastmarkets RISI Random Lengths Report is a paid subscription, and only subscribers may access the actual pricing data.
What is the “Commodity King” you refer to in your reports?
Partially it is in my nature to be humorous, and I love nicknames. More than two decades ago, I bestowed the nickname the “Commodity King” upon 7/16″ OSB. The reason behind this is because 7/16″ OSB is the commodity product that incurs the most substantial price fluctuations in the shortest amount of time. Over the 24+ years, I have authored my report, this commodity product experiences the most severe price fluctuations up and down, vastly more significant than any other product I track, hence the namesake I have bestowed on it.