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The LBM Daily Newsletter: January 22, 2022.
Too Dry to Build
The Town of Severance in Colorado has seen a halt on new home construction due to a lack of clean water. The North Weld County Water District has not been able to provide sufficient infrastructure to meet demand.

Today’s Econ & Housing category has more on this story.

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Futures & Options: Limit Down
ContractCloseChangeVolumeOpen Int
Mar 20221188.70-45.003071967
May 20221087.20-45.0035383
July 2022999.30-45.008100
Sept 2022938.70-45.00265
Lumber Futures settled considerably lower for the fourth consecutive session on carryover selling despite cash mkt holding firm to slightly higher.

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The Widman Price Forecasting Service includes the Widman Market Report & Barometer, each published twice per month. These publications provide reports and research for the North American Softwoods Market, including price forecasting, indicators and insights.
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