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Barchart
Barchart
Andrew Hecht

Where are Lumber Prices Heading into the 2026 Construction Season?

WY ETF United States US Federal Reserve Barchart Wood

I concluded a January 30, 2026, Barchart article on the lumber futures market with the following:

Lumber could rally substantially over the coming weeks and months. Technical resistance is at $618.50, the recent high, $635, the high from October 2025, and just below $700 per 1,000 board feet, the highs from August and March 2025. If lumber prices rise above the $700 technical resistance level, an explosive move could develop, lifting shares of the WOOD and CUT ETFs and WY shares.  

 

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