{"id":82094,"date":"2022-03-30T09:21:43","date_gmt":"2022-03-30T09:21:43","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/n-american-lumber-rally-cools-futures-tumble-1000\/"},"modified":"2025-09-19T08:57:15","modified_gmt":"2025-09-19T08:57:15","slug":"n-american-lumber-rally-cools-futures-tumble-1000","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/n-american-lumber-rally-cools-futures-tumble-1000\/","title":{"rendered":"N. American lumber rally cools; futures tumble below 1,000$"},"content":{"rendered":"<p>North American lumber headed for its biggest weekly loss since July as transportation snarls that sparked a rally start to ease.<\/p>\n<p>Futures tumbled to $974.80 per 1,000 board feet on the Chicago Mercantile Exchange on Friday, heading for a sixth straight decline. That\u2019s the longest slump since January. The pullback signals soaring costs are crimping consumer demand, just as more timber supplies are set to hit the market.<\/p>\n<p>The price decline is tied to the DIY (do-it-yourself) sector slowing down due to high lumber prices, with people spending their money on other things like travel.<\/p>\n<p><a href=\"https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber09-3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-28115\" src=\"https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber09-3-300x153.jpg\" sizes=\"auto, (max-width: 496px) 100vw, 496px\" srcset=\"https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber09-3-300x153.jpg 300w, https:\/\/timberindustrynews.com\/wp-content\/uploads\/2025\/09\/lumber09-3.jpg 830w\" alt=\"\" width=\"496\" height=\"253\" \/><\/a><\/p>\n<p>Lumber prices, which reached a record high in May, had soared anew in recent weeks as deliveries to customers slowed. Flooding in British Columbia disrupted supplies in late 2021, and volumes that were stuck at mills in the West will move more quickly in better spring weather, resulting in more supplies in the market after months of tight inventories.<\/p>\n<p>Wood prices have been volatile since the pandemic began. They touched the record highs amid a Covid-19 inspired building boom, then collapsed because sawmills ramped up production and high prices stifled demand.<\/p>\n<p>Buyers may have extra inventory once all their late shipments show up as transportation challenges ease, said Steve Loebner, director of risk management at Sherwood Lumber. Higher prices for all consumer goods and higher interest rates are also making homes less affordable, he said.<\/p>\n<p>\u201cOverall demand is still strong right now but there are headwinds in terms of overall affordability,\u201d Loebner concluded.<\/p>","protected":false},"excerpt":{"rendered":"<p>North American lumber headed for its biggest weekly loss since July as transportation snarls that sparked a rally start to ease. Futures tumbled to $974.80 per 1,000 board feet on the Chicago Mercantile Exchange on Friday, heading for a sixth &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/n-american-lumber-rally-cools-futures-tumble-1000\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":58055,"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-82094","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. 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