September Limit up @ 686.30 = +56.30 Above RL Cash Price

Lumber Futures

Looks like seasonal could be in play. Seasonally the mkt tops end of August however, mkt has been trading 3-4 weeks ahead of the normal timeframe. September Basis Unsold inventory hedge opportunity November Basis Unsold inventory hedge opportunity Technical July Daily Futures Resistance $715 Swing High made on 5/27/22 Resistance $728.50 – $739 Gap Major…

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