Lumber futures rally as ‘unprecedented’ challenges prompt production cuts (NYSE:WFG)

Industry News

pixelprof/E+ via Getty Images Lumber futures rose to their highest in a month as two top Canadian producers curtailed output and transportation snags disrupt shipments to customers, Bloomberg reports. March lumber futures (LB1:COM) rose by the exchange limit of US$45 on Wednesday to $1,336 per $1,000 board ft. in Chicago before trimming gains; futures already…

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