On Tuesday, the September contract for lumber futures on the CME traded at $468 per 1,000 board feet. Based on the ...
After dipping below post-pandemic lows this past week, inflation-adjusted lumber prices are approaching their all-time lows ...
The strategy for players now is to end the year with no inventory on-hand, so the focus was on selling out any remaining wood ...
The price of lumber futures is on pace to plunge 45% in June for one of the largest monthly drops ever, as the hot commodity comes off a record-breaking rally. Lumber prices have been on a rapid ...
And then there was lumber mania, when lumber prices soared to records. Once we all were cooped up in our homes, many people looked around, realized they hated their abodes, and decided it was time ...
The price of lumber has yet to bottom and will shed as much as 30% by the end of the year, veteran portfolio manager Micheal Gayed said. This means the commodity could slip to as low as $357 per ...
Overall, lumber prices are up significantly in mid-2023, with the benchmark lumber futures contract climbing to $540 as of July 24 after hitting a high near $590 in mid-July – up from $483 back ...
Canadian Producers Brace for Impact While Ending 2024 with Lean Inventories THUNDER BAY - Business - Canada’s lumber industry ...
I write about commodities through a four-decade lens of experience. Prices of bellwether commodities like oil, gas, lumber and copper are down significantly from a year ago. Commodity markets are ...
Lumber prices have reached record highs in Japan since economic sanctions were imposed against Russia, leading to expectations of a spike in housing costs in the years ahead. Russia accounts for ...
On Monday, lumber and paper stocks experienced notable gains as analysts from TD Cowen and Truist highlighted the impact of rising commodity prices and the industry's move to implement price increases ...