lumber prices

In July 2020, lumber prices began to soar as the COVID-19 pandemic supply chain chaos kicked in. Surprisingly, lumber began rising before many other commodities such as wheat, corn, WTI crude oil, Brent crude oil and natural gas. Why This Matters: Lumber can be seen as a leading indicator...

Real estate investment trusts (REITs) that deal with timber harvest activities such as lumber products, and also manage forest land are known as timber REITs. According to SP Global, Timber REITs have an average ten-year return of 8.5% as of Sept. 30, 2019. In May 2021, Lumber prices peaked in the...