Look at six months of lumber futures and, if you depend on the material in your business, things look downright promising. At $555.9 per thousand board feet, it’s almost like a beneficent construction deity is blessing you with fairer weather and the ability to buy a 2×4 without needing a mortgage.

But look at the five-year view and, while better than recent pricing, the current futures are still $100 to $200 more than they were before all pandemic hell came loose. That may be the future: prices higher than it used to be in the good old days, but lower than just a few weeks ago. 

 

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