On Tuesday, the September contract for lumber futures on the CME traded at $468 per 1,000 board feet. Based on the ...
The twin-peaked lumber bubble of 2021 and 2022 that once drove home building costs through the roof and exacerbated inflation ...
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 ...
Lumber prices are up 14% so far in 2023 after suffering a brutal sell-off last year. Further gains could be in store for lumber as supply shortages emerge ahead of the homebuilding season.
Lumber prices have been on a wild ride in the last few years, but they could soon get less volatile, even with trading volume set to soar. Along with other top commodities, lumber prices have seen ...
The decline reflects overall stabilization over the past 12 months, as material expenses remain 1.9% lower than a year ago.
Lumber prices have fallen at a time when costs have risen, with margins and returns turning negative in many instances and capacity utilization well off its highs. This, in turn, has led to ...