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Barchart
Barchart
Andrew Hecht

Can Lumber Prices Explode?

Interest Rates Wood United States Oil Barchart WY

I asked where lumber prices were heading into the 2026 construction season in a February 27, 2026, Barchart article. While seasonality during the construction season starting in spring is a factor, the path of interest rates is a far more critical issue for lumber demand. I wrote:

I am bullish on lumber prices and expect them to break above the first resistance at $618.50, driven by seasonality and the prospects of falling U.S. interest rates.

 

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