Earlier this month, about $60,000 worth of lumber was stolen in Canada when thieves drove off with a trailer fully stocked with lumber.

Sticky, yes, but how sticky? So full of hand-offs is the chain of action that assembles 18,000 separate SKUs into a 2,000 square foot home – all that selling and buying and selling – it’s no wonder ...

LAFAYETTE PARISH — After reaching all-time high prices in 2021, the cost of lumber has dropped significantly—but it’s still not cheap. According to Trading Economics, lumber hit a record $1,711 per ...

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% ...

Lumber prices reached record highs in 2021 but have fallen to record lows as higher interest rates led to a drop in U.S. residential construction, providing an opportunity for buyers and home builders ...

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 ...

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 ...

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 ...