by Calculated Threat on 9/10/2024 01:52:00 PM
Right here is one other month-to-month replace on lumber costs.
SPECIAL NOTE: The CME group discontinued the Random Size Lumber Futures contract on Could 16, 2023. I switched to a physically-delivered Lumber Futures contract that was began in August 2022.Â
This graph reveals CME random size framing futures via final August (blue), and the brand new physically-delivered Lumber Futures (LBR) contract beginning in August 2022 (Crimson).
LBR is at the moment at $505 per 1000 board toes, up barely from a yr in the past.