MR 1derful thanks for your opinion, very informative. and you hit the nail square on the head.you mentioned a handful of companies controlled a large portion of OSB production and therefore can ultimately control the price. it boils down to these companies using self discipline on wether or not to open the flood gates. whereas lumber is different with much less idled capacity available.
my previous point about 150 sawmills shut PERMANENTLY in North America from about 2006-2011 came from P .MOHR resources specialist at Scotia. she know her stuff !
TD is saying idled OSB takes anywhere from 2 to 4 quarters to bring into production depending on, trained labour ,availability, permits, have the plants been maintained during idle periods etc etc.
the biggest threat to this fragile US housing economy would another Lehman collapse, another 9-11, a war breaks out ie North Korea.etc