PurpleOut said:
Looks like it's about to move to a Category 4.
Weather channel said the area is set to lose so much timber that you could see the difference via satellite.
nacluth said:
What's up Jack Fanatic? Are you still holding down the fort or have you moved to higher ground?
SFA Jack Fanatic said:
National Hurricane Center is using the term "Unsurvivable Storm Surge". Very scary for the people in SE Texas and all along the Louisiana coast. PRAY FOR EVERYONE who has not evacuated from low areas.
PurpleOut said:
I was in school during Rita, I lived at Sunridge Apartments and I don't think we had any power issues strangely (at least not for a long period).
I remember going to Sport Shack at noon the day they cancelled school, then partied out in the weather that night...like a smart 21 year old. Next few days after I volunteered at the Coliseum to help those that needed shelter.
Pilotgirl said:PurpleOut said:
I was in school during Rita, I lived at Sunridge Apartments and I don't think we had any power issues strangely (at least not for a long period).
I remember going to Sport Shack at noon the day they cancelled school, then partied out in the weather that night...like a smart 21 year old. Next few days after I volunteered at the Coliseum to help those that needed shelter.
My apartment was I think called The French quarter and right near University, off of Stallings so close to Sunridge. I guess we were on different grids...but no power for several days! My party days were over by then...we just got drunk in study groups at our houses lol I had to have A/C tho. Hope we don't lose power here because that is one thing I just gotta have!
Timber prices have been essentially flat since the Great Recession, which was really a depression in wood products manufacturing. Housing starts dropped to record lows below 500,000, so demand went through the floor. Many mills shut down.nacluth said:
Timber prices have been severely depressed for a while. There is a glut in the market. My stepfather who has been hauling wood for 15 years is set to get laid off at the end of the month because the mills are running out of money. Too much wood, not enough demand.
Ironically, big storms like this are good for the overall demand in wood products and helped prop the market after Harvey. Laura will probably not change the market much. Hopefully everyone will stay safe.
Never seen prices like this on lumber. Im a home builder and I bid a house three months ago for a couple and now the house is costing $13,000 more for lumber. They "say" the issue is in production caused by the shutdown.SFAJack_76 said:Timber prices have been essentially flat since the Great Recession, which was really a depression in wood products manufacturing. Housing starts dropped to record lows below 500,000, so demand went through the floor. Many mills shut down.nacluth said:
Timber prices have been severely depressed for a while. There is a glut in the market. My stepfather who has been hauling wood for 15 years is set to get laid off at the end of the month because the mills are running out of money. Too much wood, not enough demand.
Ironically, big storms like this are good for the overall demand in wood products and helped prop the market after Harvey. Laura will probably not change the market much. Hopefully everyone will stay safe.
Any mill running out of money today should not be in business. Lumber prices are higher, by a lot, than I have seen in over forty years in the business. Supply is down for various reasons, and demand is up with housing starts at about 1.5 million.
I certainly don't know all the dynamics driving these lumber prices. Western Canadian lumber production is way down due to the pine beetle kill. That won't come back for many years. Wood products production was deemed to be an essential business, so was not shut down. However, many mills have lost time due to employees being out for Covid related issues.No-look said:Never seen prices like this on lumber. Im a home builder and I bid a house three months ago for a couple and now the house is costing $13,000 more for lumber. They "say" the issue is in production caused by the shutdown.SFAJack_76 said:
Timber prices have been essentially flat since the Great Recession, which was really a depression in wood products manufacturing. Housing starts dropped to record lows below 500,000, so demand went through the floor. Many mills shut down.
Any mill running out of money today should not be in business. Lumber prices are higher, by a lot, than I have seen in over forty years in the business. Supply is down for various reasons, and demand is up with housing starts at about 1.5 million.
PurpleOut said:
Damage and flooding doesn't appear to be as bad as forecasted for the Lake Charles area. At least from what TWC is showing.