Lumber prices are set for a shakeup with the rollout of new futures contracts – and a top broker says trading volume could soar 10 times

Lumber Futures

CME Group is launching a new lumber futures contract that could ease price volatility and boost trading volume. Starting next month, the new contracts will offer one-quarter the amount of wood. That will allow trucks to make deliveries, instead of just railcars, opening up the potential for more trades. Something is loading. Lumber prices have…

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