AM Friday, November 07.Lumber (CME)27,500 bd. ft.; $ per 1,000 bd. ft. ContractOpenHighLowLastChangeToday's VolumeThursday's Volume Est vol 771Thu.'s vol 771Open int 9,083Open Interest Change -1 ...
Lumber prices closely follow changes in interest rates, impacting demand for new home construction and wood products. Weyerhaeuser Company operates as a REIT with a lumber call option attached, ...
Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...
Lumber prices indicate economic health and new housing demand, but lumber futures are illiquid, leading to high volatility during bullish or bearish trends. Weyerhaeuser Company offers a more liquid ...
Lumber futures hit their highest price in three years Friday despite a home-building slump and a lackluster remodeling market. Though wood demand is tepid, traders are pricing in dramatically higher ...
Let’s keep this simple: lumber and steel are two of the biggest drivers of flatbed freight in this country. If people are ...
In a May 2 Barchart article on the wood futures market, I concluded: Lumber is in a bearish trend in May 2024, and the trend is always your best friend. The path of least resistance of physical lumber ...
Interfor, one of North America's largest lumber producers, said it will deepen its [previously announced curtailments]( ...
The twin-peaked lumber bubble of 2021 and 2022 that once drove home building costs through the roof and exacerbated inflation is now nothing more than a memory. Spot lumber prices have plummeted 75% ...
President Donald Trump's tariffs have caused a rise in lumber prices, which homebuilders have warned will increase construction costs and translate into more expensive housing for U.S. consumers.
When the Trump administration more than doubled import fees on Canadian softwood lumber earlier this year, the goal was to support domestic prices and boost U.S. production. Instead, prices have ...