Lumber prices have lost ground over the last six weeks, with prices down 17% off their March 14 highs. This puts futures into oversold levels, and the price seems to be finding support just under $330 ...
Lumber futures fell as much as 3% Wednesday to $860.70 per thousand board feet. Lumber prices are trading nearly 50% below their May 10 peak of $1,711 per thousand board feet. Last week, Fed chair ...
Lumber is a wild futures market. Before 2018, the all-time high in the lumber futures market was in 1993 at $493.50 per 1,000 board feet. In May 2020, the price reached a record $1711.20 high, which ...
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