Lumber costs

Lumber costs

David Sparks Ph.D.
David Sparks Ph.D.
IFBF P&E tours Canary Creek logging

Logging operations move at a swift pace on Canary Creek just outside of Cataldo, Idaho. The nation's building supplies are scarce and expensive. That's stepped up logging in Northern Idaho. Supply and demand. There's just a huge demand for Lumber. That's Reid Ahlf at the Idaho Forest Group. He gave the Idaho Farm Bureau's Promotion and Education Committee a tour of the logging operations so members could see firsthand the lumber and supply/demand issue. There's there's always been a, ever since the last the Great Recession, there's been a kind of a we didn't build houses at the same rate as we had been before. There's always been this pent up demand. And then all of a sudden people were kind of living in the cities or renting all that kind of stuff. And now all of a sudden people are like, nah, maybe we do want to live in the suburbs and do other things. And the last 10 years, very few homes were built. According to the latest housing report, so far this year, one point seven million housing starts. That's a thirty point two percent increase over last year.

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