Discover why lumber prices could surge in 2025 and why the iShares Global Timber & Forestry ETF may offer value. Click for my updated look at the WOOD ETF.
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 ...
Sources: FactSet, Tullett Prebon Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Change value during the period between open outcry settle and ...
The Palisades, Eaton and Hurst wildfires in Southern California have destroyed more than 12,000 structures, raising the ...
A stronger dollar index and falling long-term bond prices weighed on most commodities in December. The March dollar index ...
Here are some of the new limits. (It also widened limits for oats, rough rice, lumber futures and other grain futures contracts.) Corn: 40¢ per bu. (currently at 25¢ per bu.) Soybeans ...
Sources: FactSet, Tullett Prebon Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Change value during the period between open outcry settle and ...
The brokerage highlighted a near-30% discount to net asset value for both companies and a 12% quarter-on-quarter rise in cash lumber prices in the fourth quarter. It also noted improved conditions ...
Raymond James raised its recommendation on the timber REITs Weyerhaeuser (NYSE:WY) and PotlatchDeltic (NASDAQ:PCH), citing improving lumber fundamentals and deep valuation discounts. WY shares ...