by Working Forest | Apr 1, 2024 | Forecasts
Based on by Trading Economics’ global macro models and analyst insights, lumber prices are anticipated to reach 599.50 USD per 1000 board feet by this quarter’s end and are expected to rise to 640.14 USD in a year’s time....
by Working Forest | Dec 26, 2023 | Forecasts
In December, lumber prices surged past the $550 per thousand feet benchmark, marking their highest point in the past five months. This upward trend was primarily propelled by several key factors. Firstly, there was a growing anticipation of heightened demand in the...
by Working Forest | Nov 6, 2023 | News, Forecasts
Lumber increased 12.50 USD/1000 board feet or 2.52% since the beginning of 2023, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Our lumber forecast expects lumber to trade at 486.08 USD/1000 board feet by...
by smcmilla | Sep 11, 2023 | News, Forecasts
Key Data: Current Lumber Price: $508.50 per thousand board feet, reflecting a 1.60% increase. Price Trend: The price has risen by 2.42% in the last year but has decreased by 16.64% since September 2022. Lumber prices have recently dipped, nearing the $500 per thousand...
by Working Forest | Aug 15, 2023 | Forecasts
The lumber forecast and futures extended losses below $500 per thousand feet, the lowest in over two months driven by concerns about weakening demand, despite a decrease in supply. Housing, Supply Chain, Fires Are Factors Housing starts tumbled 8% month-over-month in...
