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At Close: Jul 31, 2026
A surge in mortgage rates contributed to a decline in pending home sales last month, according to the National Association of Realtors.
Timber sector-related exchange traded funds are gaining momentum as lumber prices rebound on wet weather conditions affecting supply and a cardboard box boom adding to demand. During the past month, t
Lumber futures rose for the fourth-straight session on Friday to their highest level since June 2021.
Lumber saw a whirlwind of action last year, with a rally to an all-time high in prices followed by a slump to one-year lows, and a recovery that led to the commodity's strongest quarterly performanc

Lumber prices have new growth spurt

02:23pm, Monday, 20'th Dec 2021
Lumber prices have shot up again in a rise reminiscent of a year ago, when high-climbing wood prices warned of the hinky supply lines and broad inflation to come.
British Columbia last month struggled with heavy rainfall that resulted in delays in exporting lumber.
Kyle Little, chief operating officer with Sherwood Lumber, joins 'The Exchange' to discuss the growing demand for lumber. Sign up and learn more about the CNBC Investing Club with Jim Cramer https://c

Timber REITs: Renewable Dividends

10:30am, Friday, 10'th Dec 2021
Across the land, there are few better inflation hedges than land itself. Timber REITs own nearly 30 million acres of land, more acreage than the smallest U.S. five states combined. Truly an "organic g
The commodity is 41% below its record high, while its up 127% from its recent low, highlighting its extreme volatility over the past few months.
Trex and Azek are both producers of fake-wood decks, and saw their stock prices and sales boom during the pandemic amid high lumber prices, according to CNBC.
The lumber industry and sector-related exchange traded funds may have faltered as lumber prices plunged, but the woodcutters may enjoy a seasonal rebound with homebuilders picking up the pace toward t
Naeem Aslam, chief market analyst at AvaTrade, said Fed tightening and China releasing stockpiles could weigh on the price of lumber.

Lumber prices fall after previous supply crunch

06:01pm, Thursday, 12'th Aug 2021
Kyle Little, chief operating officer of Sherwood Lumber, joins The Exchange to discuss the current state of the lumber shortage. The supply is rebounding after pandemic lows, he says.
There's now a glut of processed cheese swamping the market, sending prices as low as $1.31 per pound for a 500-pound barrel - the lowest since 2020.
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