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 ...
In a January 14, 2025, Seeking Alpha article on lumber and the WOOD ETF, I concluded: WOOD’s twenty-year monthly chart shows that technical support is at the September 2022 $63.78 low, with resistance ...
Lumber buyers placed unsuccessful bets on tariffs and interest rates Lumber prices have dropped by more than 14% from a record high in early August. Many home builders, contractors and retailers ...
Lumber prices are down 24% from their mid-March peak amid subdued home-building activity. US housing starts and new building permits are on the decline this year, each falling 4% and 6% in May. The ...
The CME’s continuous physical lumber futures contract fell 22.99% in Q2 and was down 21.24% over the first six months of 2024, closing Q2 at $450.50 per 1,000 board feet. In a July 4, 2024, Barchart ...
Lumber is a critical industrial commodity, as it is an essential ingredient in the construction of new homes and infrastructure. Lumber futures are traded on the Chicago Mercantile Exchange. However, ...
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% ...
Devastating, often tragic as the Los Angeles-area fires have been, rebuilding could bring nightmares all its own, including murky insurance rules, material shortages and potentially higher costs for ...
Falling lumber prices suggest there is trouble ahead for the struggling U.S. housing market, as builders scale back new construction because of a recent inventory glut and growing economic uncertainty ...
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 ...
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