The exchange operator CME Group said it would launch trading in Southern yellow pine futures on March 31, a response to rising export taxes on Canadian lumber that have pushed benchmark wood prices ...
Lumber futures Monday rose to their highest point since August 2022, when wood prices were plunging from their pandemic peak, ...
Log markets are in transition with China and India unsure of their prospects. Domestic demand recovery expected but hasn't happened yet. Prices holding because the NZD has fallen ...
Now that Northern lumber is a lot more expensive, they are saying the time is right. “There was a breakdown in the correlation between Southern yellow pine prices and the spruce-pine-fir prices ...