Why Are Lumber Futures Dropping at Dakota Katherine blog

Why Are Lumber Futures Dropping. In the lumber futures market, prices are down even more—dropping 47% since going above $1,700 on may 10. Lumber futures tanked more than 40% in june alone, suffering their worst month on record dating back to 1978. The lumber futures market keeps hitting new highs, surpassing $1,400 per 1,000 board feet, and things might be about to get even wilder. The cash market — meaning the actual physical product. The framing lumber composite price dropped to $1,113 last week, a decline of $211 from the week prior. Lumber futures hit $904.90 over. Since march, with interest rates rising, the housing market cooling, and new home construction falling, demand for lumber has declined—and prices.

Madison's Lumber Prices Index A Powerful Tool for DataDriven Decision
from www.newswire.ca

Since march, with interest rates rising, the housing market cooling, and new home construction falling, demand for lumber has declined—and prices. The lumber futures market keeps hitting new highs, surpassing $1,400 per 1,000 board feet, and things might be about to get even wilder. Lumber futures tanked more than 40% in june alone, suffering their worst month on record dating back to 1978. Lumber futures hit $904.90 over. The framing lumber composite price dropped to $1,113 last week, a decline of $211 from the week prior. In the lumber futures market, prices are down even more—dropping 47% since going above $1,700 on may 10. The cash market — meaning the actual physical product.

Madison's Lumber Prices Index A Powerful Tool for DataDriven Decision

Why Are Lumber Futures Dropping The framing lumber composite price dropped to $1,113 last week, a decline of $211 from the week prior. The cash market — meaning the actual physical product. Lumber futures tanked more than 40% in june alone, suffering their worst month on record dating back to 1978. Lumber futures hit $904.90 over. The framing lumber composite price dropped to $1,113 last week, a decline of $211 from the week prior. In the lumber futures market, prices are down even more—dropping 47% since going above $1,700 on may 10. The lumber futures market keeps hitting new highs, surpassing $1,400 per 1,000 board feet, and things might be about to get even wilder. Since march, with interest rates rising, the housing market cooling, and new home construction falling, demand for lumber has declined—and prices.

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