Lumber Futures

United States of America - Lumber futures traded on the CME boards made a way back into the $600's on July contracts Wednesday. Orders began to pick up steam last week and inventories moved after a stalled winter and spring as most builders sat on the sidelines. The United States has been enjoying lower prices on lumber during the busy spring…

United States of America - Lumber futures dipped below $600.00 to $598.50 for July contracts. The price makes short term forward Lumber contract prices incredibly attractive compared to recent months and years. Reports of higher interest rates with slowed demand and re-stocked inventories at lumber yards and mills are most likely resulting in the…