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re: Will lumber prices go down by years end?

Posted on 5/17/21 at 10:35 am to
Posted by DumpsterFire
Member since Sep 2012
1450 posts
Posted on 5/17/21 at 10:35 am to
quote:

Price dumped this morning more than $300.


Isn't that just because the futures contracts rolled from May 15th expiration to July 15th? I think the cash market is still pretty strong at the moment.
Posted by shoelessjoe
Member since Jul 2006
9924 posts
Posted on 5/17/21 at 10:45 am to
Cash contract is down. Actually the last few days, all contracts have been down. Don’t know if this is something we will continue to see or if it’s just a bump in the road. Congress has been talking about the need to lift tariffs to help prices fall.
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