CME Group’s Futures Contract Trading Opportunity May Help Stabilize Volatile Lumber Prices

Lumber prices have fluctuated wildly over the past few years as pandemic-related supply chain disruptions and housing booms have thrown supply-demand patterns up and down. Since March 2020, lumber prices shot up more than 250% — only to crash back down to earth before repeating the pattern in recent months. The unpredictable nature of lumber…