(Bloomberg) -- Lumber futures rose to the highest in more than two and a half years after President Donald Trump ordered an investigation into shipments of the commodity into the US. Trump on Saturday ...
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 futures Monday rose to their highest point since August 2022, when wood prices were plunging from their pandemic peak, in a sign that it could get a lot more expensive to build a house or a ...
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, ...
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 ...