I last wrote about lumber on Barchart on April 14, 2026, when I concluded with the following:
Lumber’s path of least resistance depends on where interest rates are heading over the coming weeks and months. If crude oil prices increase inflation, lumber is likely to decline, along with lumber-related and other stocks, as higher rates tend to weigh on the stock market. However, if hostilities end, interest rates could fall along with crude oil prices, fostering higher demand for lumber and higher lumber prices. In April 2026, the current environment is highly uncertain as lumber is now in the peak construction and demand season with no explosive price action on the horizon.
