I asked what the prospects were for lumber prices in a July 30, 2026, Barchart article, where I concluded with the following:
In July 2026, seasonality and elevated interest rates could weigh on lumber prices and WY, WOOD, and CUT shares over the coming weeks and months. However, lumber’s price consolidation around the $600 per 1,000 board feet level could be healthy for the 2027 construction season if rates begin to decline and construction demand increases. The wildfires in Canada are another factor that could create future supply concerns and price volatility, given the destruction and the U.S. administration’s threat of tariffs and sanctions on Canada’s government.
