the argument could be made that the byproducts of sawmills are increasing in price indicating that the sawmills will be able to produce lumber at what would normally be an uneconomic price. Until, the by products get close to the price of oil. ie burn them as wood pellets. That's a ceiling. Typically, the price of lumber would fall close to the price of production, - the sawmill closes while supply and demand work their magic...
Max
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