Physical lumber futures have been going nowhere fast, with the nearby contract price in an under $150 range in 2024. As lumber consolidates, the band between annual highs and lows has narrowed over the...
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International Paper has substantially outpaced the broader market over the past year, and analysts remain moderately optimistic about the stock's potential.
Weyerhaeuser has underperformed the broader market over the past year, but Wall Street analysts are optimistic about its prospects.
Lumber is a critical industrial commodity as it is an infrastructure building block and a crucial ingredient in new home building. The path of interest rates over the coming months is essential for lumber...
After declining from August through October 2023, physical lumber futures found a bottom and turned higher. Lumber is a thinly traded futures market but a critical economic indicator. The recent rise in...
Lumber remains a highly illiquid commodity, but wood is a bellwether raw material and a barometer for new home construction. Soaring mortgage rates have weighed on lumber futures prices since the March...
The new physical lumber futures contract is smaller and more flexible than the random-length contract it replaced. The open interest metric has risen as the random-length contract expired and faded into...
WOOD tracks the S&P Global Timber & Forestry Index, a cap-weighted index of the 25 largest forestry firms around the world. The fund starts with all the eligible securities from the S&P Global BMI that...
CME lumber futures are changing as the Random Length contract gives way to the new physical contract. Meanwhile, lumber futures have gone to sleep after plunging, with the physical futures at a premium...
On April 12, the nearby lumber futures price fell to just below the $760 per 1,000 board feet level. Since then, the price recovered and was over $900 on April 27. Lumber futures are illiquid, but they...