In another possible sign of housing market recovery, framing lumber prices have been rising lately and reached $347 per 1,000 board feet last week, which was the highest level since early May 2010 ...
Lumber prices that have dropped more than 20% over the past month are prompting one of North America's largest producers to throttle back output by 12%. Interfor said Thursday that it would reduce ...
Physical lumber futures remain in a narrow trading band, with the nearby contract price in an under $150 range in 2024. The consolidation of lumber futures has caused the band between annual highs and ...
Lumber prices are stable - a new contract makes lumber hedging more versatile. Lumber remains highly illiquid, increasing the chances of explosive and implosive price action. Interest rates are ...
In a July 19 Barchart article, I highlighted that the price of physical lumber for September delivery at $562 per 1,000 board feet was trending higher. In that piece, I discussed how lumber reflects ...
A red-hot housing market is sparking a record-breaking rally in lumber-tracking exchange-traded funds. The $393 million iShares Global Timber & Forestry ETF (ticker WOOD) has nearly doubled in the ...
When it comes down to it, lumber is at the core of my research. It’s now been eight years since my original research paper talked about the relationship between lumber and gold and how its predictive ...
Chris Routhe, vice president of operations at Millard Lumber, has watched the price of their product skyrocket during the pandemic."We had a high price of lumber, it reached its peak, end of May-ish," ...
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