When the Trump administration more than doubled import fees on Canadian softwood lumber earlier this year, the goal was to support domestic prices and boost U.S. production. Instead, prices have ...
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 ...
President Donald Trump's tariffs have caused a rise in lumber prices, which homebuilders have warned will increase construction costs and translate into more expensive housing for U.S. consumers.
In a January 14, 2025, Seeking Alpha article on lumber and the WOOD ETF, I concluded: WOOD’s twenty-year monthly chart shows that technical support is at the September 2022 $63.78 low, with resistance ...
Lumber has been having quite the moment as of late. The ordinarily quiet commodity market has been the center of attention since a booming housing market and supply strain disruptions lead to an ...
Lumber prices, which shed more than 20% in August, have continued to fall to start September, hitting their lowest price this year thanks to a glut of wood that was piled up ahead of a big increase in ...
Lumber buyers placed unsuccessful bets on tariffs and interest rates Lumber prices have dropped by more than 14% from a record high in early August. Many home builders, contractors and retailers ...