{"id":88675,"date":"2025-03-18T06:25:06","date_gmt":"2025-03-18T06:25:06","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/lumber-futures-ease-after-two-and-a-half-year-high\/"},"modified":"2025-09-19T09:03:54","modified_gmt":"2025-09-19T09:03:54","slug":"lumber-futures-ease-after-two-and-a-half-year-high","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/lumber-futures-ease-after-two-and-a-half-year-high\/","title":{"rendered":"Lumber futures ease after two-and-a-half-year high"},"content":{"rendered":"<p><span id=\"more-37680\"><\/span>Lumber futures eased toward $630 per thousand board feet, retreating from a two-and-a-half-year high of $658, as erratic tariff policies from President Trump, and retaliatory measures from Canada and the European Union, strain global trade and stoke recession fears in the U.S. and Canada.<\/p>\n<p>However, the U.S. Producer Price Index recorded a softwood lumber surge of 11.7% over the past year, marking four consecutive months of double-digit annual growth.<\/p>\n<p>Tariff uncertainties have led builders to stockpile lumber to avoid potential tariffs on Canadian imports\u2014a strategy that has historically pushed prices up by as much as 25%.<\/p>\n<p>Mills are preemptively hiking prices by 25% to 65% amid shifting trade policies and supply chain disruptions.<\/p>\n<p>Additionally, the Department of Commerce\u2019s proposal to nearly triple anti-dumping duties on Canadian softwood\u2014from 14.5% to a potential 52%\u2014adds further uncertainty, given that Canada supplies 30% of the softwood used in the U.S. for housing and furniture.<\/p>\n<p>The lumber market is mostly reacting to the Trump administration\u2019s rollout of tariffs on goods from Canada and Mexico, which has caused confusion on both sides of the border.<\/p>\n<p>\u201cEvery day there\u2019s a new interpretation of what Trump will do next,\u201d a Canadian wood industry insider said. \u201cThe whole lumber industry doesn\u2019t know what to do. We want to know what the rules of the game are. It\u2019s total chaos.\u201d<\/p>\n<p>According to recent reports, U.S.-based homebuilders have been stockpiling lumber in the wake of the tariff announcements and making plans to switch from foreign imports to American-grown wood.\u00a0Due to a lack of domestic supply, the U.S. currently imports about 30 percent of the\u00a0softwood lumber\u00a0used in construction and home building.<\/p>","protected":false},"excerpt":{"rendered":"<p>Lumber futures eased toward $630 per thousand board feet, retreating from a two-and-a-half-year high of $658, as erratic tariff policies from President Trump, and retaliatory measures from Canada and the European Union, strain global trade and stoke recession fears in &hellip; <a href=\"https:\/\/www.timberindustrynews.com\/ro\/lumber-futures-ease-after-two-and-a-half-year-high\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":50584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[4716],"tags":[],"class_list":["post-88675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-trends"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - 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