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Surging mortgage rates and a slow down in the housing market continue to take a toll on lumber prices, with the essential building commodity hitting a new 2022 low on Monday. Lumber futures hit a ...
Lumber is in the spotlight as the National Association of Home Builders and the U.S. Lumber Coalition disagree about what’s ...
CME said it plans to launch the new futures ... sawmills, lumber yards and speculators into a market with limited participation but a record as a reliable barometer for building costs and the ...
What see-saw prices for wood tell us about America's economic future A handful ... While framing-lumber prices have come down, the costs of a lot of other building materials haven't.
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It’s Home-Building Season, but No One Is Buying LumberLumber prices have tumbled into building season ... Lately it is flashing caution. Lumber futures shed 3% Friday to end at $452.50 per thousand board feet, down 27% since mid-March.
Lumber futures fell 3% to $392 per thousand board feet on Wednesday, and the essential building commodity has suffered a nine-day losing streak that has erased 24% off of futures' pricing.
Retailer consolidation is a constant, especially with private equity money building larger company portfolios. The Lumber futures contract is an opportunity to be unique, to set yourself apart ...
Sherwood Lumber told them that the "industry could actually find itself in an undersupplied market during the height of the building season." Which is an example of why trying to follow markets ...
Lumber is in the spotlight as the National Association of Home Builders (NAHB) and the U.S. Lumber Coalition disagree over what’s behind the U.S. housing market slump. FOX Business ...
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