US lumber prices expected to drop to $600 in the next six months

US lumber prices expected to drop to $600 in the next six months
     The price of US lumber futures has pulled back from May's peak, falling roughly 43% as of mid-June.   Some experts say that it could go down to $600 in the next six months.   Still, the lumber shortage will not be easily remedied, and inflationary pressures remain a concern.    The price of US lumber futures has pulled back since it peaked at $1,700 per thousand board feet in late May, falling roughly 43% as of mid-June.    The red-hot commodity has ...

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