Nearby physical lumber futures settled 2025 at $576 per 1,000 board feet, posting a 4.63% gain for the year that ended on December 31, 2025. I asked whether lumber futures would wait until spring to recover in a November 25, 2026, Barchart article. I concluded with the following:
As the lumber market heads into winter, lower lows are likely. However, the lower prices fall, the greater the odds of a recovery in 2026, as lumber prices could be waiting for spring to soar.
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