Here’s what you’ll find inside this valuable reference:
The “20 Key Questions” every trader must ask and answer before a lumber or panel deal is concluded, concerning characteristics, packaging, what, when, and how the lumber is to be shipped, and pricing and terms of payment. Each question is critical and must be answered to ensure a successful transaction.
The North American softwood lumber and panel marketplace, including species and products.
The “business of trading” — how it’s really done. A (first) day in the life of a trader. Information on speculation and risk, service aspects (marketing, transportation, credit, claims, and speculation), and inventory control.
The transportation process. Rail, trucking, and piggyback vans/containers, with advantages, disadvantages and rate structures for each.
The 12-step program for resolving claims. What to do when you get a claim. Types of claims, including transportation, general grade and manufacturing, moisture content, tally or shortage, shipment time, and market.
Special market sectors. Pressure-treated lumber, machine stress-rated lumber, non-panel engineered wood products, and a NEW section on international markets.
The rewards and risks of futures trading.
An appendix including valuable information such as: the manufacturing process, from the tree to the finished product (lumber and structural panels); calculating tally value; maximizing flatcar loadings; the U.S./Canadian softwood lumber agreement; and a selected list of trade associations, grading agencies, and other organizations.
A glossary of terms every trader must know.
Study questions and answers, with page numbers and section headings.
Detailed subject index.
Who can benefit from reading Buying & Selling Softwood Lumber?
Buying and Selling
