Lumber Futures

Please see the attached CME Daily Bulletin PDF below for more information. LBR CME Bulletin Open Interest 7550 + 91  Volume 657 + 0 = 657 – 9570 EFR’s – No EFP’s – 0 Block Trades were posted LBR Trade Ranges LBR Trade Ranges Alex Mead | Risk Management ConsultantO: 816.410.5769 | C: 816.868.0132www.stonex.com | alex.mead@stonex.com1251 NW Briarcliff |

Short funds added 271 positions and they now hold a short position of 4,406 contracts. Commercial longs adding 347 positions and they now hold a long position of 3,835 contracts. Thanks, Alex Mead | Risk Management Consultant _________________________________________________________________________________   O: 816.410.5769 |  www.stonex.com | alex.mead@stonex.com 1251 NW Briarcliff | Suite 800 | Kansas City | MO 64116 _________________________________________________________________________________

Please see the attached CME Daily Bulletin PDF below for more information. LBR CME Bulletin OI Comment Front month Nov. contract is up $25.50 this week from this Monday’s low of $484.50, notching a high of $510 yesterday. However,, in the same timeframe OI is only UP 24 contracts… Despite seeing an active week in

Please see the attached CME Daily Bulletin PDF below for more information. LBR CME Bulletin Open Interest 7435 – 11  Volume 534 + 0 = 534 + 1460 EFR’s – No EFP’s – 0 Block Trades were posted LBR Trade Ranges LBR Trade Ranges Alex Mead | Risk Management ConsultantO: 816.410.5769 | C: 816.868.0132www.stonex.com | alex.mead@stonex.com1251 NW Briarcliff |

Please see the attached CME Daily Bulletin PDF below for more information. LBR CME Bulletin Open Interest 7446 + 11  Volume 388 + 0 = 388 + 1100 EFR’s – No EFP’s – 0 Block Trades were posted LBR Trade Ranges LBR Trade Ranges Alex Mead | Risk Management ConsultantO: 816.410.5769 | C: 816.868.0132www.stonex.com | alex.mead@stonex.com1251 NW Briarcliff |

Technical:   Nov was finally able to generate a buy signal with a reversal on Friday’s close (482.50) back above the BBL (477.80) and the previous day’s close of $479.00.  Yesterday, the market gave a secondary confirmation with a close back above the 9D MA ($490.30).  LIFO CF short covering along with the industry buying

Please see the attached CME Daily Bulletin PDF below for more information. LBR CME Bulletin Open Interest 7435 – 43  Volume 278 + 0 = 278 – 2770 EFR’s – No EFP’s – 0 Block Trades were posted LBR Trade Ranges LBR Trade Ranges Alex Mead | Risk Management ConsultantO: 816.410.5769 | C: 816.868.0132www.stonex.com | alex.mead@stonex.com1251 NW Briarcliff |