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, ...
The volatility in lumber prices was on display earlier this week as according to a Markets Insider report, having dropped more than 6% to $829 per 1,000 board feet, hitting a new low for the commodity ...
The U.S. lumber market has seen unprecedented price rises in recent years. Prices could climb even higher as the world responds to the conflict between Russia and Ukraine. Russia is a major exporter ...
West Fraser Timber (TSX:WFG) shares edged higher today, drawing attention from investors following recent shifts in the broader materials sector. Some are watching to see if recent price moves signal ...
There's one commodity that's worth its weight in gold right now. And at this point, it may be worth more than its weight in gold. We're not talking about Bitcoin, diamonds or some other "precious" ...
PORTLAND, Ore. (KOIN) — The increased threat of wildfires and potential damages to timberlands from drought, fire and smoke are expected to reduce timber prices in Oregon, Washington and California in ...
A tree that could ultimately vanish from New York under the relentless assault from a voracious invasive beetle is now worth more than ever as timber. Advertisement Article continues below this ad The ...
U.S. Secretary of Agriculture Sonny Perdue and U.S. Sen. Lisa Murkowski (R-Alaska) look at some old-growth logs in the yard at Viking Lumber in Klawock. The two toured Prince of Wales Island on June 5 ...
Timber prices shot up 10% or more last quarter, outpacing the rate of inflation. Consumer prices ended 2021 up 7% and accelerated to a 7.5% rate in January, the highest since February 1982. Joe ...
Many institutional investors (not to mention many Americans interested in expanding a home or building a deck) are wondering why lumber prices have soared in 2021 – especially when raw timber has not.