Lumber futures Monday rose to their highest point since August 2022, when wood prices were plunging from their pandemic peak, ...
With focus turning to increased domestic production, the Chicago Mercantile Exchange plans to launch a new lumber futures trading exchange in late March.
Mills built during the Covid-19 pandemic, when lumber prices soared amid a boom in home renovations, took about three years ...
President Donald Trump's tariffs have caused a rise in lumber prices, which homebuilders have warned will increase construction costs and translate into more expensive housing for U.S. consumers.
U.S. lumber futures surged Monday to their highest since August 2022, rising as much as 3.5%, after President Trump ordered the Commerce Department to investigate the U.S. national security harm ...
At Alki Lumber in West Seattle, business is running as usual for now, but the company is monitoring potential cost increases.
Western Forest Products noted Q4 prices for cedar lumber were up to $1,467 per thousand board feet, compared to $1,313 in Q4 2023. “Despite challenging markets, we were successful in returning ...