NASDAQ:WOOD

Ishares S&p Global Timber & Forestry Index Fund ETF News

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$67.00
-0.491 (-0.727%)
At Close: Jun 03, 2026

WOOD: Value Beyond Lumber Prices

09:32pm, Thursday, 05'th Aug 2021
WOOD: Value Beyond Lumber Prices
"A better-than-expected demand outlook would prompt an inventory rebuild and could spark a large move in pricing," BofA said.
Lumber futures have jumped in recent days on mounting concerns that wildfires in Canada and the Western US will snarl production and supply chains.
As the price of lumber stabilizes, more volatility lies ahead, and three factors will keep the red-hot commodity in high demand.
Lumber's massive turnaround this year is just the start of a cyclical downturn for commodities. Lakshman Achuthan of Economic Cycle Research Institute explains.
By end of August and into September, the price of lumber could settle in a range between $350-$450 per thousand board feet, an analyst told Insider.
Commercial construction may be fueling demand this time around as the US economy makes its way to a full recovery, an analyst said.
John Duncanson, Executive VP of Corton Capital Inc. and Timber Analyst on the Corton Global Timber Fund, joins Yahoo Finance's Alexis Christoforous and Kristin Myers to discuss to discuss lumber price

Sherwood Lumber's Kyle Little on lumber outlook

06:26pm, Thursday, 01'st Jul 2021
Kyle Little, Sherwood Lumber chief operating officer, joins 'The Exchange' to discuss the lumber price volatility and what the price drop means for the business. For access to live and exclusive video
"I would not be surprised at all if we see the price continue to trail lower than $600 or below toward the year-end," Mace McCain of Frost Investment Advisors told Insider.
Lumber futures have tanked 42% in June alone, on pace for its worst month on record back to 1978.
Facing high costs for wood, home builders want the Biden administration to settle a long-running trade dispute over Canadian lumber imports. It won't be easy.
The price of a formerly cheap plywood substitute call oriented strand board has surged 97% since the start of the year.

Timber ETFs Sag As Rally Fades

04:35pm, Wednesday, 23'rd Jun 2021
After hitting their peak on May 7, lumber prices have toppled, bringing timber-associated ETFs down with them.
Lumber prices are now trading nearly 50% below their May 10 peak of $1,711 per thousand board feet.
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