Actual
539.50
Daily Change
6.50 1.22%
Monthly
-5.35%
Yearly
-12.35%
Q4 Forecast
523.84
Lumber - Summary

Lumber futures rose to $540 per thousand board feet, their highest level in nearly a month, as Hurricane Isaias threatened supplies across key producing regions. The storm swept through the US Gulf Coast, causing major power outages in Alabama and Mississippi, both significant lumber-producing states, raising concerns over supply disruptions and pressuring prices. Lumber supplies were already constrained by escalating trade tensions between the US and Canada. Ottawa had announced counter-tariffs of 25% on US lumber and 50% on plywood in response to US tariffs on several lumber-related products. US forestry groups have long accused Canada of distorting the market, arguing that the largely public owned Canadian forestland gives domestic producers a cost advantage. However, gains remain tempered by weakness in the US housing market. Mortgage rates have climbed to 7.4%, their highest in nearly three years, raising borrowing costs for homebuyers and weighing on housing demand.

Lumber - Stats

Lumber rose to 539.50 USD/1000 board feet on October 12, 2026, up 1.22% from the previous day. Over the past month, Lumber's price has fallen 5.35%, and is down 12.35% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Lumber reached an all time high of 1711.20 in May of 2021. Lumber - data, forecasts, historical chart - was last updated on October 12 of 2026.

Lumber - Forecast

Lumber rose to 539.50 USD/1000 board feet on October 12, 2026, up 1.22% from the previous day. Over the past month, Lumber's price has fallen 5.35%, and is down 12.35% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lumber is expected to trade at 523.84 USD/1000 board feet by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 495.41 in 12 months time.



Price Day Month Year Date
Soybeans 1,287.75 -4.25 -0.33% -1.27% 27.78% Oct/12
Wheat 672.28 1.25 0.19% -6.89% 35.34% Oct/12
Lumber 539.50 6.50 1.22% -5.35% -12.35% Oct/12
Cheese 1.51 0.0010 0.07% -1.95% -13.05% Oct/12
Palm Oil 4,637.00 45.00 0.98% -4.39% 3.14% Oct/12
Milk 14.96 -0.02 -0.13% -7.31% -11.43% Oct/12
Cocoa 5,665.89 0.89 0.02% -5.93% -2.68% Oct/12
Cotton 80.58 0.036 0.04% -4.70% 26.71% Oct/12
Rubber 264.80 5.80 2.24% 12.20% 53.60% Oct/12
Orange Juice 151.20 2.50 1.68% -1.14% -25.93% Oct/12
Coffee 289.86 2.91 1.01% -0.22% -24.75% Oct/12
Oat 408.78 -11.9681 -2.84% 4.02% 37.29% Oct/12
Wool 1,820.00 0 0% -3.09% 19.97% Oct/12
Rice 16.90 0.0200 0.12% 5.66% 57.28% Oct/12
Canola 817.00 0.30 0.04% -0.73% 34.35% Oct/12
Sugar 20.85 0.60 2.96% 14.81% 33.56% Oct/12
Corn 483.00 3.2500 0.68% -9.42% 17.59% Oct/12


Lumber
Lumber is a key construction material produced from processed wood and widely used in residential building, infrastructure, and manufacturing. As a result, lumber prices are closely tied to housing activity, economic cycles, and supply conditions in forestry markets. Lumber futures are traded on the Chicago Mercantile Exchange (CME) and are used by producers, builders, and investors to manage price risk. Contract specifications require that lumber be produced in approved regions of the United States and Canada, reflecting the importance of North American supply in global markets. Production is heavily concentrated in North America and the Baltic Sea region, where forestry resources and processing capacity support large-scale output. Lumber prices displayed on Trading Economics are based on over-the-counter (OTC) and contract for difference (CFD) financial instruments and are intended to provide a general market reference only. These prices do not represent official benchmark prices. The data is supplied by a third party and, while efforts are made to ensure its reliability, Trading Economics does not verify the data and makes no representations or warranties.
Actual Previous Highest Lowest Dates Unit Frequency
539.50 533.00 1711.20 -1.00 1978 - 2026 USD/1000 board feet Daily

News Stream
Lumber Rises to One-Month High
Lumber futures rose to $540 per thousand board feet, their highest level in nearly a month, as Hurricane Isaias threatened supplies across key producing regions. The storm swept through the US Gulf Coast, causing major power outages in Alabama and Mississippi, both significant lumber-producing states, raising concerns over supply disruptions and pressuring prices. Lumber supplies were already constrained by escalating trade tensions between the US and Canada. Ottawa had announced counter-tariffs of 25% on US lumber and 50% on plywood in response to US tariffs on several lumber-related products. US forestry groups have long accused Canada of distorting the market, arguing that the largely public owned Canadian forestland gives domestic producers a cost advantage. However, gains remain tempered by weakness in the US housing market. Mortgage rates have climbed to 7.4%, their highest in nearly three years, raising borrowing costs for homebuyers and weighing on housing demand.
2026-10-12
Lumber Hits 12-month Low
Lumber decreased to 523.50 USD/1000 board feet, the lowest since September 2025. Over the past 4 weeks, Lumber lost 8.31%, and in the last 12 months, it decreased 14.94%.
2026-10-05
Lumber Drops to Lowest Level in Two Years
Lumber futures fell below $527 per thousand board feet, reaching their lowest level in two years, as rising borrowing costs weighed on housing demand. Growing concerns over inflationary pressures and government debt have strengthened expectations of higher-for-longer interest rates and fueled a broader sell-off in the bond market, pushing sovereign yields to their highest levels in over two decades. As a result, mortgage rates climbed to 7.3%, their highest level in three years, further straining an already weak housing market. Although lacking any particular economic significance, economists refer to the 7% threshold as a psychological ceiling. Providing an offsetting pressure, Ottawa had announced counter-tariffs of 25% on US lumber and 50% on plywood following US tariffs on several lumber-related goods. US forestry groups have long accused Canada of distorting the market, as Canadian forestland is largely publicly owned, allowing its lumber to be sold at lower prices.
2026-10-02