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The active month September physical lumber futures chart highlights the 26.6% price plunge from $635.50 on March 12 to $466.50 on June 21. At the $488 level on July 3, lumber futures remain near ...
As the weekly chart shows, nearby futures more than doubled in price, reaching the most recent high at $583 per 1,000 board feet on July 14. The active month September contract was at the $510 level.
September physical lumber futures have been trending higher since reaching a low on June 5, 2023. The chart highlights the rally from $500.50 per 1,000 board feet on June 5 to the most recent $597 ...
Lumber prices are now trading nearly 50% below their May 10 peak of $1,711 per thousand board feet. ... Lumber futures fell as much as 3% Wednesday to $860.70 per thousand board feet.
The price of lumber futures rose from $251.50 during the week of March 30 to a high of $1000 per 1,000 board feet in mid-September as the wood price almost quadrupled.
Futures prices for lumber are down more than 70% from a March peak. By Ryan Dezember | Photographs by Landon Speers for The Wall Street Journal . Updated Sept. 27, 2022 6:58 pm ET.
Lumber futures soared 13% on Friday as the housing market finally shows some signs of life. Pending home sales unexpectedly jumped 2.5% in December, its largest growth since October 2021.
Lumber futures have managed to do something no other major commodity has been able to do in the face of the pandemic’s hit to the economy—more than double in price since the start of the year ...
Lumber producers have migrated from Canada to the U.S. South. Now lumber-futures trading is heading to the Southern pineries as well. The exchange operator CME Group said it would launch trading ...
However, the chart below compares oat and corn futures for the last 8 years and shows there’s only been a few times when oats led the market both up and down.
Lumber producers have migrated from Canada to the U.S. South. Now lumber-futures trading is heading to the Southern pineries as well. The exchange operator CME Group said it would launch trading ...