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Lumber Futures Climb To 8-Year High

Lumber futures have climbed to their highest level since 2005 and they have gained around 9% this year, with most of that gain seen just this month as the outlook for U.S. housing improves. “Lumber, like other raw commodity goods, is a good indication of economic...

New Southern Pine Lumber Design Values Approved

On January 31, the American Lumber Standards Committee (ALSC) Board of Review unanimously approved the new southern pine design values previously submitted by the Southern Pine Inspection Bureau (SPIB). The new values were rescheduled for review in January after the...