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, which shed more than 20% in August, have continued to fall to start September, hitting their lowest price this year thanks to a glut of wood that was piled up ahead of a big increase in ...
Falling lumber prices are sounding an alarm on Wall Street about potential problems on Main Street. Wood markets have been whipsawed of late by trade uncertainty and a deteriorating housing market.
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 has been having quite the moment as of late. The ordinarily quiet commodity market has been the center of attention since a booming housing market and supply strain disruptions lead to an ...
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% ...
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 ...