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That's why I'm asking. I live in Canada where we produce a tremendous amount of lumber but it's processed in the US and the prices spiked during COVID and while they've gone down haven't returned to anything resembling the baseline.



It looks like it is more or less back to a rough pre-COVID baseline, if inflation is factored in: https://tradingeconomics.com/commodity/lumber

(But I'm certainly not seeing the glut of cheap lumber that others may appear to be alluding to here...)


Baseline before COVID, or baseline factoring in the (global) post COVID inflation spike?




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