My most recent Barchart article on the lumber market was in mid-August. September physical lumber futures were at the $530 per 1,000 board feet level. In that article, I wrote:
Markets reflect economics and politics, and lumber is a sentiment barometer, given its penchant for extreme price volatility. Keep an eye on lumber’s price for clues about other markets, as the path of least resistance of lumber prices can be a leading indicator.
