Actual
549.05
Daily Change
-0.95 -0.17%
Monthly
-5.50%
Yearly
-3.34%
Q3 Forecast
576.19
Lumber - Summary

Lumber futures fell below $550 per thousand board feet, reaching their lowest level in nine months, as elevated borrowing costs continued to weigh on demand. The US housing market remains tight, with mortgage rates near their highest level in over a year and showing no sign of easing after the Federal Reserve hiked its key policy rate, weighing on demand from prospective homebuyers. Building permits also fell 2.7% over the month, although a 7.6% increase in lumber-intensive single-family housing starts in August. Provided an offsetting pressure, US-Canada trade talks fell through, raising concerns over lumber supply. 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, noting that 94% of Canadian forestland is publicly owned, compared with 58% privately owned in the US, allowing Canadian lumber to be sold at lower prices.

Lumber - Stats

Lumber fell to 549.05 USD/1000 board feet on September 18, 2026, down 0.17% from the previous day. Over the past month, Lumber's price has fallen 5.50%, and is down 3.34% 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 September 18 of 2026.

Lumber - Forecast

Lumber fell to 549.05 USD/1000 board feet on September 18, 2026, down 0.17% from the previous day. Over the past month, Lumber's price has fallen 5.50%, and is down 3.34% 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 576.19 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 533.61 in 12 months time.



Price Day Month Year Date
Soybeans 1,306.63 -13.12 -0.99% 6.90% 27.41% Sep/18
Wheat 723.93 -3.07 -0.42% 6.42% 38.55% Sep/18
Lumber 549.05 -0.95 -0.17% -5.50% -3.34% Sep/18
Cheese 1.51 -0.0068 -0.45% -8.07% -16.40% Sep/18
Palm Oil 4,885.00 69.00 1.43% -0.16% 10.42% Sep/18
Milk 16.14 -0.01 -0.06% -2.18% -8.56% Sep/18
Cocoa 5,443.40 -328.60 -5.69% -9.74% -24.85% Sep/18
Cotton 82.01 -0.165 -0.20% -7.18% 26.67% Sep/18
Rubber 237.50 -1.60 -0.67% 6.17% 37.12% Sep/17
Orange Juice 140.00 -5.30 -3.65% -4.70% -41.75% Sep/17
Coffee 277.39 0.89 0.32% -15.48% -24.31% Sep/18
Oat 408.27 -9.4814 -2.27% 23.16% 27.09% Sep/18
Wool 1,857.00 0 0% -0.85% 38.17% Sep/18
Rice 15.79 -0.0500 -0.32% 10.88% 37.30% Sep/18
Canola 830.23 -3.67 -0.44% 1.26% 34.21% Sep/18
Sugar 17.53 0.11 0.63% -0.12% 13.38% Sep/18
Corn 530.03 -0.4685 -0.09% 12.06% 25.01% Sep/18


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
549.05 550.00 1711.20 -1.00 1978 - 2026 USD/1000 board feet Daily

News Stream
Lumber Falls to Nine-Month Low
Lumber futures fell below $550 per thousand board feet, reaching their lowest level in nine months, as elevated borrowing costs continued to weigh on demand. The US housing market remains tight, with mortgage rates near their highest level in over a year and showing no sign of easing after the Federal Reserve hiked its key policy rate, weighing on demand from prospective homebuyers. Building permits also fell 2.7% over the month, although a 7.6% increase in lumber-intensive single-family housing starts in August. Provided an offsetting pressure, US-Canada trade talks fell through, raising concerns over lumber supply. 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, noting that 94% of Canadian forestland is publicly owned, compared with 58% privately owned in the US, allowing Canadian lumber to be sold at lower prices.
2026-09-17
Lumber Hits 20-week Low
Lumber decreased to 553.00 USD/1000 board feet, the lowest since April 2026. Over the past 4 weeks, Lumber lost 2.51%, and in the last 12 months, it decreased 1.48%.
2026-09-16
Lumber Falls to One-Month Low
Lumber futures traded near $560 per thousand board feet, after falling to its lowest level in over a month, amid an ongoing trade war between Canada and the US. Canadian Prime Minister Carney is turning to the Europe Union after walking away from trade talks with US President Trump, which accounted for the largest portion of its trade. 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 94% of Canadian forestland is publicly owned compared to 58% privately owned in the US, allowing Canadian lumber to be sold at a lower price. Meanwhile, mortgage rates are closing in on 7% for the first time since the beginning of 2025, further weighing on housing demand from prospective home buyers already wincing at record-high home prices and an uncertain economy.
2026-09-15