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... 😊

This page is a permanent link to the reply below and its nested replies. See all post replies »

gdon39 · 41-45, M

Lumber being a commodity is also affected by by weather, crisis, demand and natural disasters. So much more as well. Not putting your words down. Just adding to it

PicturesOfABetterTomorrow · 41-45, M

@gdon39 It is a bit weird how that whenever someone is not happy with a POTUS they get blamed for commodity prices which they have virtually zero influence over.

spjennifer · 56-60, T

@gdon39 Agreed, lumber, much like gas are commodities and not subject to Presidential actions but mostly by many other factors as you stated. I just find it risible that many Republicans blame POTUS for those rises in commodity prices yet not a peep when the prices fall again, as they usually do.