SYP market share in North America has seen incredible growth in the past 10 years and with lumber demand set to grow at a healthy pace over the remainder of this decade, there could be new price risks for players in the market. Meanwhile, supply constraints loom large in the North American lumber market. Themes discussed: The recent growth of SYP; Fastmarkets’ short-term forecast of both SYP North American demand and supply; A review of the price correlation between SYP and SPF; How the new CME truck contract fits into the changing supply landscape; and Key implications for pricing volatility, hedging opportunities and broader market dynamics. [1 hour video]