Few markets have been as volatile as lumber over the past years. In 2021, the price of nearby wood futures traded as high as over $1700 and as low as below $500 per 1,000 board feet. In early 2022, it looks like the extreme price variance in the lumber futures arena will continue, and the price could reach $2,000 or higher in the illiquid market. (full story)

(full story)