As spring approaches, physical lumber futures for May delivery are trading just below $600 per 1,000 board feet. Since lumber ...
In a February 27, 2024, Barchart article on lumber demand, as the market moved toward spring 2024, I wrote: I believe the current environment limits lumber’s downside. At the same time, the price ...
Physical lumber futures have been trading around the $500 per 1,000 board feet level since early August 2023. Lumber prices have experienced a significant correction from the 2021 and 2022 highs but ...
PotlatchDeltic Corporation has seen declining revenues and FFO as Lumber prices have continued lower. The REIT trades at 70X FFO for 2023 and over 30X FFO for 2024. We go over one metric which still ...
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