by Calculated Danger on 6/22/2025 08:48:00 AM
That is one thing to look at once more. Right here is one other month-to-month replace on lumber costs.
This graph reveals CME random size framing futures by means of August 2022 (blue), and the brand new physically-delivered Lumber Futures (LBR) contract beginning in August 2022 (Purple).
On June 20, 2025, LBR was at $616.00 per 1,000 board ft, up 36% from a yr in the past.
There’s considerably of a seasonal demand for lumber, and lumber costs incessantly peak within the first half of the yr.
Word that final yr costs bottomed in early July at $449.00 per 1,000 board ft, so the following few weeks would be the most tough year-over-year comparability.
The pickup in early 2018 was because of the Trump lumber tariffs in 2017. There have been big will increase throughout the pandemic on account of a mix of provide constraints and a pickup in housing begins.
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