Lumber

President Donald Trump threatened to impose reciprocal tariffs on Canadian lumber and dairy products as early as Friday, reigniting trade tensions with a key U.S. partner and ally. What Happened: Trump accused Canada of “ripping us off for years” with a 250% tariff on U.S. dairy, which...

In July 2020, lumber prices began to soar as the COVID-19 pandemic supply chain chaos kicked in. Surprisingly, lumber began rising before many other commodities such as wheat, corn, WTI crude oil, Brent crude oil and natural gas. Why This Matters: Lumber can be seen as a leading indicator...

For lumber suppliers, the tight supply and mile-high price of lumber that impacted construction projects nationwide this spring continue to cause frustration. But builders and homeowners remain optimistic as prices have since fallen to $479 per thousand board feet, down 68% since peaking in May...

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While you never want to spike the ball on the five-yard line, the stock market has a green tint this morning amid news of progress on an infrastructure deal. It’s got the market excited and is probably the main impetus for stocks being up so much overnight. Obviously, people have had their...

Over the last year, key commodity futures have risen sharply. Wheat futures have gained 48% year-over-year to levels not seen since 2013. Soybean futures are up 87% since last year to levels not seen since mid-2013. Corn futures are up 124% year-over-year to levels not seen since 2013. Lumber...

Retail investors can make money in the commodities markets. Lumber is a prime example right now. The soaring prices of lumber have become mainstream news. The price per thousand board feet has moved from $320 to $1,675 over the past year, the highest it has ever been. Hedge funds use...

Sales at Home Depot Inc (NYSE: HD) were dampened by the wet start to the year, but sell-side analysts disagreed Wednesday on whether broader economic issues will affect the big box retailer’s bottom line in the long run.  The Analysts UBS analyst Michael Lasser maintained a Buy...

The Canadian government announced that it plans to appeal a World Trade Organization (WTO) ruling over how the U.S. applies tariffs on softwood lumber.   "Canada's forest industry sustains hundreds of thousands of good, middle-class jobs in communities across our country,"...

The market for lumber slowed considerably in the second half of 2018 as the Chinese economy lost momentum and trade disputes with the U.S. persisted. The United States has cultivated a strong export market for lumber products in China. Prior to the escalating trade war, the American Hardwood Export...

Lumber prices have reached their highest level in more than a year, and Citi analyst Anthony Pettinari believes high lumber prices are here to stay. According to Pettinari, dealers underestimated the strength of the housing market in Q1. “YTD starts have come in stronger than expected (1153k...