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(Bloomberg) -- Lumber futures rose to the highest in more than two and a half years after President Donald Trump ordered an investigation into shipments of the commodity into the US.Most Read from ...
Lumber futures for September delivery hit $695 per thousand board feet Friday, up 39% from a year ago and the highest price since summer 2022, when the price of two-by-fours was tumbling down from ...
Lumber futures Monday rose to their highest point since August 2022, when wood prices were plunging from their pandemic peak, in a sign that it could get a lot more expensive to build a house or a ...
Weyerhaeuser’s operating margins expanded significantly in 2021 and 2022 because of record-high lumber prices that drove substantial profitability for the firm.
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 ...
Shares of some Canadian lumber companies slumped on Monday, with Interfor Corp. dropping as much as 9.9%, the most since June 2022. Canfor Corp. fell as much as 3.5%.
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