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Market Brief

February 19, 2021 - Log supplies were good across most of the Appalachian region, and one sawmill in Area 2 said the frozen ground was finally allowing it to build some lumber ahead of the kilns. However, one contact observed that rising log exports and aggressive bidding by larger producers is again pushing log prices higher than many mills can afford to pay. Canadian mills said logs were tough to get and expensive, and one said receipts were heaviest to Red Oak. A Lake States sawmill, however, said that, while it has taken a long time to get there, its log inventory is now sufficient to get through breakup.