The CME’s physical lumber futures contract moved 5.66% higher in Q4 2024 but was 3.76% lower in 2024, settling at $550.50 per ...
Discover why lumber prices could surge in 2025 and why the iShares Global Timber & Forestry ETF may offer value. Click for my updated look at the WOOD ETF.
It's also classic greed — people saw lumber's eye-popping prices in 2021 and 2022 and decided it was time ... ramping back up takes time, so they may be hesitating to ramp down.
More recently, based on Random Lengths prices reported on July 01, 2022, the costs have risen to $29,407 for the softwood lumber products in an average single-family, and $10,734 for the products ...