The CME’s physical lumber futures contract moved 5.66% higher in Q4 2024 but was 3.76% lower in 2024, settling at $550.50 per ...
Increased U.S. tariffs on Canadian softwood lumber in August 2024 have resulted in a roughly 15% rise in the CME Group's lumber futures contract to date, according to Cagnina. He believes new ...
The CME’s physical lumber futures contract moved 5.66% higher in Q4 2024 but was 3.76% lower in 2024, settling at $550.50 per 1,000 board feet on December 31, 2024. In a mid-November 2024 ...
The Southern California wildfires started on Jan. 7, and as of a week later, more than 12,300 structures had been destroyed, according to the California Department of Forestry and Fire Protection.
It has been over six months since I wrote on lumber and the iShares Global Timber & Forestry ETF (NASDAQ:WOOD) product on Seeking Alpha. I concluded the June 6, 2024, article with the following ...
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A recent survey by CME revealed that 90% of manufacturers expect significant impacts from the tariffs. Trump’s threats include 25% tariffs on Canada and Mexico, which could disrupt markets for autos, ...