Nearby physical lumber futures settled 2025 at $576 per 1,000 board feet, posting a 4.63% gain for the year that ended on December 31, 2025. I asked whether lumber futures would wait until spring to ...

Many home builders, contractors and retailers wagered that higher U.S. tariffs on imports would boost the cost of lumber, while lower interest rates would lift demand for the building material. But ...

The Chicago Mercantile Exchange rolled out the physical lumber contract in 2023 to attract more volume for hedgers and other market participants. The physical lumber contract is smaller than the old ...

Lumber prices are influenced by interest rates and the liquidity of lumber futures. The iShares Global Timber & Forestry ETF offers more liquidity than lumber futures and tends to follow lumber prices ...

Physical lumber futures have been trading around the $500 per 1,000 board feet level since early August 2023. Lumber prices have experienced a significant correction from the 2021 and 2022 highs but ...