On Tuesday, the September contract for lumber futures on the CME traded at $468 per 1,000 board feet. Based on the ...

Overall, lumber prices are up significantly in mid-2023, with the benchmark lumber futures contract climbing to $540 as of July 24 after hitting a high near $590 in mid-July – up from $483 back ...

It's less volatile since it has less direct exposure to the wild fluctuations of lumber prices. However, that also gives it slightly less upside potential in a rising lumber price market.

But composite materials have been dropping in price, narrowing the gap with a better grade of wood decking. Alternative materials are appealing for several reasons. Synthetic plank decking ...

Lumber price have probably found a bottom at current levels, but will remain higher than average for the next few years, a lumber trader told Insider. Stinson Dean, CEO and founder of Deacon ...

The clash between Canada and the U.S. over softwood lumber, which dates back to 1982, is one of the most persistent trade ...

Pyramid Mountain Lumber in Seeley Lake sent out its last load of finished lumber this week. This represents the second final ...

Michael Blackshire / Los Angeles Times via Getty Images The Producer Price Index for final demand, a measure of wholesale prices, stayed flat in September after rising 0.2% in August, beating ...

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Spot lumber prices hit a record high of nearly $1200 per thousand board feet on Tuesday. The record mark comes after a historic run for lumber in 2020 and the beginning of 2021. Prices have soared ...