U.S. lumber prices fall further as market remains wary over trade policy and housing outlook

U.S. lumber prices continued to trend lower in mid-May, with framing lumber values slipping again as uncertainty surrounding interest rates and trade policy kept the market on edge. Distributors and wholesalers reported that demand remained subdued, with many buyers holding off on new orders amid persistent concerns about the direction of the U.S. economy and the possibility of tariff changes following the November election. Prices for framing lumber weakened across nearly all species, with mills in the U.S. South offering increasingly aggressive discounts to move inventory. Several producers were reported to be under growing ...