As spring approaches, physical lumber futures for May delivery are trading just below $600 per 1,000 board feet. Since lumber ...
Lumber prices are influenced by interest rates, which impact mortgage rates and new home construction. Weyerhaeuser Company is a real estate investment trust that benefits from stable to rising lumber ...
It has been over six months since I wrote on lumber and the iShares Global Timber & Forestry ETF (WOOD) product on Seeking Alpha. I concluded the June 6, 2024, article with the following: The ...
In a February 27, 2024, Barchart article on lumber demand, as the market moved toward spring 2024, I wrote: I believe the current environment limits lumber’s downside. At the same time, the price ...
In a June 4 Barchart article, I asked if lumber prices were stuck in neutral, concluding: Lumber prices are stuck in neutral, for now. When they decide to move, watch out, as another period of ...
In another possible sign of housing market recovery, framing lumber prices have been rising lately and reached $347 per 1,000 board feet last week, which was the highest level since early May 2010 ...
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