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Jan 7, 2022 · Resize. Listen. (4 min) Lumber saw a whirlwind of action last year, with a rally to an all-time high in prices followed by a slump to one-year lows, and a recovery that led to the commodity’s ...
Lumber increased 36.12 USD/1000 board feet or 6.31% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Lumber reached an all time high of 1711.20 in May of 2021. Lumber - data, forecasts, historical chart - was last updated on November 20 of 2024.
Jun 21, 2021 · Lumber prices in the futures market, for example, are down more than 45 percent from their peak, slipping below $1,000 for the first time in months. That’s still high — between 2009 and 2019 ...
Jul 8, 2021 · Meanwhile, domestic sawmill output rose just 3.3%. As a result, lumber prices soared — from $349 per thousand board feet in April 2020 to $1,514 this May, according to the trade journal ...
Sep 2, 2022 · At the same time, the price increase for logs and bolts was more moderate compared to softwood lumber, with prices for the raw material peaking 44% above June 2020 levels in July 2021. Since then, log prices have continued to increase, reaching 76% above June 2020 levels by March 2022.
May 2, 2024 · According to Madison’s Lumber Reporter, U.S. lumber production is recovering from lows in early 2023, but Canadian production volumes are still down relative to 2023. In 2023, U.S. sawmills ...
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A spokesperson for the lumber industry said it had in fact been predicting "pretty good housing starts" and the shutdowns were "all about employee safety," said Susan Yurkovich, president and CEO ...