Chicago lumber futures traded near $1,000 per thousand board feet, the lowest since December 21st, as demand collapsed amid soaring costs and transports bottlenecks. Since the beginning of the year, the wood prices have been buoyed by supply disruptions and a hot housing market, however, as the prices have touched multi-week highs an index of framing composite has more than tripled which represented an additional $20,000 of an average new home price, according to the National Association of Home Builders. Also, labor shortage and transportation woes are making it harder to get building supplies, negatively impacting the demand as it is prompting builders to postpone or cancel projects.
| Price | Day | Month | Year | Date | |||
|---|---|---|---|---|---|---|---|
| Soybeans | 1527.2500 | 37 | 2.48% | 12.82% | 13.21% | 11:02 | |
| Wheat | 773.5000 | 12.25 | 1.61% | 2.18% | 20.12% | 11:02 | |
| Lumber | 934.90 | -45.00 | -4.59% | -15.93% | 7.36% | Feb/01 | |
| Cheese | 1.90 | -0.0040 | -0.21% | 7.91% | 14.42% | Jan/31 | |
| Palm Oil | 5,592.00 | -36.00 | -0.64% | 15.13% | 64.91% | Jan/31 | |
| Milk | 20.36 | -0.01 | -0.05% | 10.53% | 26.30% | Feb/01 | |
| Cocoa | 2605.00 | 77 | 3.05% | 4.20% | 2.24% | 10:55 | |
| Cotton | 127.18 | 0.39 | -0.31% | 12.17% | 58.70% | 10:55 | |
| Rubber | 233.50 | 2.50 | 1.08% | 3.92% | -3.91% | Feb/01 | |
| Orange Juice | 146.05 | 1.6 | -1.08% | -0.07% | 35.29% | 10:55 | |
| Coffee | 239.90 | 4.8 | 2.04% | 7.52% | 91.54% | 10:55 | |
| Oat | 715.2500 | 19.75 | 2.84% | 4.81% | 106.51% | 10:55 | |
| Wool | 1,407.00 | 0 | 0% | 3.61% | 8.99% | Jan/31 | |
| Rice | 15.0550 | 0.005 | -0.03% | 2.87% | 12.69% | 10:55 | |
| Canola | 1023.90 | 10.7 | 1.06% | -1.59% | 43.05% | 10:55 | |
| Sugar | 18.54 | 0.32 | 1.76% | -1.01% | 13.87% | 10:55 | |
| Tea | 2.86 | 0.08 | 2.88% | -2.05% | -15.63% | Jan/28 | |
| Corn | 637.0000 | 11 | 1.76% | 8.06% | 17.27% | 10:55 |
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for graphs of trending commodity prices click on the commodity name below or “show more” above
Lumber Futures
| Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
|---|---|---|---|---|---|---|---|---|
| 934.90 | 979.90 | 1711.20 | 111.70 | 1978 – 2022 | USD/1000 board feet | Daily |
tomc732
Tom is a construction estimator with over 35 years of experience in the industry from field work to general contracting.