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WTVY: Farmers lawsuit. Share Your Peanut Festival pictures! A tariff dispute with Canada has complicated the economics of lumber businesses. Industry observers agreed that last week's price tumble indicates a seasonal slowdown in home construction--and likewise demand for OSB--that will hold through the spring.
But it's anyone's guess how far prices will fall before they stabilize, said Joe Heitz, associate editor of Random Lengths, a Eugene-based forest products market research publication.
David Dugan, spokesman for LP, downplayed the price drop. Prices for OSB have been more volatile than in previous years, Chercover wrote, because consolidation has shrunk the number of wholesalers and distributors that buy the product from mills and sell it to homebuilders.
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