{"podcast":{"title":"The Lumber Word","slug":"the-lumber-word-6578824","podcast_index_feed_id":6578824,"rss_url":"https://feed.podbean.com/thelumberword/feed.xml","website_url":"https://thelumberword.podbean.com","image_url":"https://pbcdn1.podbean.com/imglogo/image-logo/17183981/38574664-1690585660168-73f8ae453bfa2.jpg","author":"Ashley Boeckholt","episode_count":100,"summary":"Three Lumber Industry veterans talk about the weekly, monthly and yearly trends. What is going on with inventory in the field, production and distribution. We help educate everyone in the distribution chain with information most like to not talk about. Highlighted items that are overvalued and undervalued are also discussed. Guests in the industry will occasionally drop in to help us dial in some lumber details. Most important is we have fun talking lumber and our listeners love it.","last_synced_at":null,"page_url":"https://stenobird.com/podcast/the-lumber-word-6578824"},"episode":{"title":"EP 157: Euro Pressure, Pine Pivots & A Flattening Curve","slug":"ep-157-euro-pressure-pine-pivots-a-flattening-curve","published_at":"2026-02-21T04:22:00+00:00","page_url":"https://stenobird.com/podcast/the-lumber-word-6578824/ep-157-euro-pressure-pine-pivots-a-flattening-curve","show_page_url":"https://stenobird.com/podcast/the-lumber-word-6578824","url":"https://thelumberword.podbean.com/e/ep-157-euro-pressure-pine-pivots-a-flattening-curve/","audio_url":"https://mcdn.podbean.com/mf/web/esyxaq4qks43t8ww/FEB_20bufgp.mp3","summary":"This week, we welcome Thomas Mende back to break down what’s really happening in the lumber market. Eastern Spruce is showing selective discounts (especially 16’s), Southern Pine had midweek block buying, and Western low-grade is tight while higher grades sit. Are we finally near equilibrium? Thomas walks through European production declines, rising log costs, and why tariffs alone don’t drive shipments — economics do. Canadian shipments are down sharply year over year, and when you combine that with slightly softer housing starts, supply and demand may be closer than most think. We also dig into the flattening futures curve, what that means for hedgers, whether Southern Pine mills are actually making money, and why a flat market might cause the most pain. If you trade lumber, build with it, or hedge it — this one matters. Timestamps 00:00 – Market pulse: Spruce, Pine & truck spreads 06:30 – Southern Pine block buying & 16’ pricing 10:00 – Europe shipments, tariffs & rising log costs 17:30 – Western market: low-grade squeeze 21:30 – Housing starts & real wood usage math 27:00 – Canadian shipment declines 31:00 – Futures flattening: what it means 35:30 – Mill closures & Southern Pine profitability 40:00 – Softwood Lumber Board & CLT demand growth 45:00 – Tariff ruling update & market outlook Advertiser: Fastmarkets RISI Dustin Jalbert Senior Economist Wood Product djalbert@fastmarkets.com www.fastmarkets.com Guest: Thomas Mende Thomas.Mende@binderholz.com https://www.binderholz.com/ Show Contacts: Gregg Riley: Gregg@sitkainc.com Charles DeLaTorre: cdelatorre@ifpwood.com Matt Beymer: mattbeymer@hamptonlumber.com Ashley Boeckholt: ashley@sitkainc.com","meta_description":"This week, we welcome Thomas Mende back to break down what’s really happening in the lumber market. Eastern Spruce is showing selective discounts (especia…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2762,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/the-lumber-word-6578824/episodes/ep-157-euro-pressure-pine-pivots-a-flattening-curve/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/the-lumber-word-6578824/ep-157-euro-pressure-pine-pivots-a-flattening-curve.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}