{"id":81844,"date":"2022-02-14T07:37:57","date_gmt":"2022-02-14T07:37:57","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/n-american-lumber-surges-supplies-shrink\/"},"modified":"2025-09-19T08:56:56","modified_gmt":"2025-09-19T08:56:56","slug":"n-american-lumber-surges-supplies-shrink","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/n-american-lumber-surges-supplies-shrink\/","title":{"rendered":"N. American lumber surges again as supplies shrink"},"content":{"rendered":"

Lumber is on a tear again, bringing back the specter of increasing construction costs.<\/p>\n

Lumber futures have recouped recent losses and risen by the exchange maximum of $45 for six consecutive sessions, touching $1,204.90 per 1,000 board feet Wednesday, the highest in three weeks. After prices slumped in January amid cold U.S. weather and transportation bottlenecks, tight inventories ahead of peak building season are helping to fuel a rebound.<\/p>\n

\u201cPrices are well above trend pricing, as well as our own price forecasts,\u201d Mark Wilde, an analyst at BMO Capital Markets in New York, said Wednesday in an email. \u201cWe are also just heading toward spring construction season and housing market activity, so it wouldn\u2019t surprise me to see prices rally further.\u201d<\/p>\n

Wood prices have been volatile since the pandemic began and they touched record highs during\u00a0a Covid-19 fueled building boom, then collapsed because sawmills ramped up production and high prices stifled demand.<\/p>\n

An index of framing composite has more than tripled since late August, adding to the cost of an average new home.<\/p>\n

\"\"<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Lumber is on a tear again, bringing back the specter of increasing construction costs. Lumber futures have recouped recent losses and risen by the exchange maximum of $45 for six consecutive sessions, touching $1,204.90 per 1,000 board feet Wednesday, the … Continue reading →<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":59390,"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":[3945,3405],"class_list":["post-81844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends","category-market-analysis","category-wood-industry-prices","tag-lumber-prices","tag-north-america","topic-forestry","topic-industry-prices","topic-sawmilling","area-north-america"],"acf":[],"yoast_head":"\nN. 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