Farm Progress America, April 21, 2022

Max Armstrong reports on what's happening in the lumber market and its potential impact on housing.

April 21, 2022

Max Armstrong looks at the potential rise in the price of lumber, after it skyrocketed and fell. He shares that higher interest rates have cooled the hot housing market. He shares insight from Scott Reeves, director of forest operations, Domain Timber Advisors, who notes there was volatility in part due to supply side restraints. Max offers other insights into what could sustain demand for lumber.

Max Armstrong's Farm Progress America is a daily look at key issues in agriculture. It is produced and presented by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.

Photo: ozgurdonmaz/Getty Images Plus

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