{"id":81298,"date":"2021-10-11T08:58:16","date_gmt":"2021-10-11T08:58:16","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/us-lumber-prices-stage-late-season-rally\/"},"modified":"2025-09-19T08:56:13","modified_gmt":"2025-09-19T08:56:13","slug":"us-lumber-prices-stage-late-season-rally","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/us-lumber-prices-stage-late-season-rally\/","title":{"rendered":"US lumber prices stage a late season rally"},"content":{"rendered":"
\n

The roller coaster ride for US lumber prices is still going strong. In the past month, the price of lumber futures has soared nearly 40 percent to $672.50 per thousand board feet, near a pre-pandemic high.<\/em><\/p>\n

The present cost is also seeing gains, as Random Lengths reports a 27 percent increase in an index that tracks immediate sales.<\/p>\n

Lumber futures are a tick above where they were a year ago, but well above the average from 2015 to 2019, when they hovered right below $400 per thousand board feet.<\/p>\n

As supply struggles to keep pace with demand, it\u2019s not clear how rising prices will affect homebuilding, or whether the price of lumber will continue to surge through the rest of the year. Housing starts rose overall in August, but housing starts for single-property homes fell below expectations.<\/p>\n

A number of factors have inhibited builders from matching the pandemic-fueled demand for fresh homes. Labor shortages and supply chain delays are part of the story. So are rising supply costs: The volatility of lumber has caused all sorts of headaches for the market, which peaked with futures above $1,700 per thousand board feet in the spring.<\/p>\n

Since then, there have been several intriguing developments on the lumber front. A survey revealed that nearly half of lumber dealers and manufacturers built up an excess supply of the material in July and no suppliers had \u201cvery tight\u201d inventories.<\/p>\n

Additionally, lumber prices seemed to be leveling off in the summer. In mid-August, lumber futures were trading about 70 percent below the May high.<\/p>\n

The market remains uncertain, however, as material prices linger above pre-pandemic levels. Fires also forced lumber production cuts in British Columbia, causing impacts across the industry.<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

The roller coaster ride for US lumber prices is still going strong. In the past month, the price of lumber futures has soared nearly 40 percent to $672.50 per thousand board feet, near a pre-pandemic high. The present cost is … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":95907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716,4715,4714],"tags":[],"class_list":["post-81298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","topic-forestry","topic-industry-prices","topic-sawmilling","topic-wood-construction","area-north-america"],"acf":[],"yoast_head":"\nUS lumber prices stage a late season rally - Timber Industry News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.timberindustrynews.com\/ro\/us-lumber-prices-stage-late-season-rally\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US lumber prices stage a late season rally - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"The roller coaster ride for US lumber prices is still going strong. 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