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 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.
And that’s even before any additional tariff increases. In the last six months, average lumber prices have ranged from $475 ...
Lumber prices have been stable at $500 per thousand board feet as of 2023-2024. Boise Cascade sees profits despite the soft housing market linked to construction demand. International Paper excels ...
9--The price of a roof is going ... Its wholesale cost rose from $268 per 1,000 square feet to $510, according to Sherrill. OSB, or oriented strand board (a composite panel similar to plywood ...
In the last six months lumber prices have ranged from $475 to $625 per thousand board feet, about one-third the peak in 2021. Trump has threatened to add 25% tariffs on goods from Mexico and Canada.
The mere threat of tariffs being tacked onto Canadian lumber imports in the U.S. is raising fears of panic buying that could roil lumber markets and prices ... in the U.S. -- 12 billion board feet – ...
Downtown Billings sees an average of 30 new businesses per year ... above 2,000 square feet, but demand from business owners is looking for smaller units under 1,000 square feet,” he said.
material shortages and potentially higher cost for everything from lumber to bathtubs. In terms of economic upheaval, it could be the construction industry equivalent of what the COVID-19 pandemic ...
Homes smolder as an apartment fire rages in the background during the Eaton fire on Jan. 8 in Altadena. (Gina Ferazzi / Los Angeles Times) ...