Falling Lumber Prices

Well, lookee there, the price of 1000 board feet of lumber has fallen 60-70% over prices in January from a high of nearly $1700 USD now down to about $575. President Biden was soundly blamed for the exorbitant rise in the price of lumber by most so-called Republicans on here, so now is he going to be credited for it falling back to relatively normal levels? Haven't heard a peep on here about it falling... 😊

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cycleman · 61-69, M

I find pricing on so much of the products produced confusing as hell. Supply and Demand is the supposed course. But with the forest fires on the west side and the hurricanes on the right side, isn't the demand for trees increasing thus people can increase the pricing. Isn't that the American way?