{"id":81848,"date":"2022-02-15T10:52:15","date_gmt":"2022-02-15T10:52:15","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/n-american-lumber-prices-30-february\/"},"modified":"2025-09-19T08:56:57","modified_gmt":"2025-09-19T08:56:57","slug":"n-american-lumber-prices-30-february","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/n-american-lumber-prices-30-february\/","title":{"rendered":"N. American lumber prices are up 30% in February"},"content":{"rendered":"<div class=\"article-content\">\n<ul class=\"summary-list summary-list-variant\">\n<li>Lumber has surged nearly 30% so far this month in step with the wider rally in global commodities.<\/li>\n<li>Commodity prices have pointed higher amid cold winter weather and geopolitical tensions, among other factors.<\/li>\n<li>The slide in the US dollar is also a reason for the jump in price.<\/li>\n<\/ul>\n<p>The price of lumber has risen nearly 30% so far this month, in step with the wider rally in global commodities as economies around the world reopen.<\/p>\n<p>\"I believe it's part of the larger move in commodities,\" David Russell, VP of market intelligence at online broker-dealer TradeStation, told Insider. \"We have a kind of a broad shift of money toward commodities and materials in the broader market.\"<\/p>\n<p>Russell said commodity prices \u2014 including those for iron, oil, soybeans, and fertilizer \u2014 have mostly pointed higher amid cold winter weather, geopolitical tensions, and supply chain disruptions.<\/p>\n<p>After briefly cooling off in the past weeks,\u00a0lumber\u00a0futures rose for the sixth straight session on Wednesday, hitting $1,204.90 per thousand board feet to its highest for the month.<\/p>\n<p>That's a 29% jump from February 1, when the essential building material was trading at $934.90 per thousand board feet. Still, lumber is 30% below its record high of $1,711 reached in May 2021.<\/p>\n<p>Russell also attributed the recent jump in lumber to the US dollar's slide Wednesday ahead of key data on consumer prices. When the dollar weakens, general commodity prices strengthen, giving the two an inverse relationship.<\/p>\n<p>Lumber prices have skyrocketed in the past year due in part to distorted supply chains during the pandemic. For instance,\u00a0shipping problems\u00a0from Resolute Forest Products, one of Canada's leading producers, have put lumber supply under\u00a0 stress.<\/p>\n<p>Adding to the price pressures is an elevated focus on home building and home improvement as more Americans look to adjust to the work-from-home trend.<\/p>\n<p>\"Many of the same things that have caused lumber prices to rise over the last six months to a year are continuing to affect lumber prices today,\" Chip Setzer, director of trading and growth for Mickey Group, a commodity trading platform, told Insider. \"Demand for forest and lumber products remains high and supply continues to be limited.\"<\/p>\n<p>Michael Goodman, director of specialty products at Sherwood Lumber, agreed and added that this trend will persist in the near future.<\/p>\n<p>\"Between the combined extreme demand, weather, trucking, and other various supply chain issues, [lumber] continues to push the price to new highs,\" he told Insider. \"We are only in February and seeing record months in volume. Most anticipated a slowdown due to interest rates but the heavy grind continues and will continue for some time.\"<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Lumber has surged nearly 30% so far this month in step with the wider rally in global commodities. Commodity prices have pointed higher amid cold winter weather and geopolitical tensions, among other factors. The slide in the US dollar is &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/n-american-lumber-prices-30-february\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":59416,"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-81848","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":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>N. American lumber prices are up 30% in February - 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\/n-american-lumber-prices-30-february\/\" \/>\n<meta property=\"og:locale\" content=\"ro_RO\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"N. American lumber prices are up 30% in February - Timber Industry News\" \/>\n<meta property=\"og:description\" content=\"Lumber has surged nearly 30% so far this month in step with the wider rally in global commodities. Commodity prices have pointed higher amid cold winter weather and geopolitical tensions, among other factors. The slide in the US dollar is &hellip; Continue reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.timberindustrynews.com\/ro\/n-american-lumber-prices-30-february\/\" \/>\n<meta property=\"og:site_name\" content=\"Timber Industry News\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-15T10:52:15+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-09-19T08:56:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.timberindustrynews.com\/wp-content\/uploads\/2025\/09\/Lumber-171.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"591\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"GWMI Admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Scris de\" \/>\n\t<meta name=\"twitter:data1\" content=\"GWMI Admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Timp estimat pentru citire\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.timberindustrynews.com\/n-american-lumber-prices-30-february\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.timberindustrynews.com\/n-american-lumber-prices-30-february\/\"},\"author\":{\"name\":\"GWMI Admin\",\"@id\":\"https:\/\/www.timberindustrynews.com\/#\/schema\/person\/135a1ae8119d1d1755135add5b7287ff\"},\"headline\":\"N. 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