5-27-22 Commodity Lumber Report

Commodity Lumber ends the week with July Futures hovering in the mid to high $600 range looking for direction.

The Montreal Wood Convention took place this week and wraps up today, while most traders head home to evaluate their strategy going forward. It’s one of my favorite events within the Commodity Lumber industry, as Montreal is the perfect host city with undeniable international flare!

Although the lower pricing has most PO books locked away for safe keeping, there’s plenty of shuffling, hustling and bustling going on to keep you from getting too bored.

Friday is finally here and welcome relief for most. Commodity Lumber isn’t that important today while we reflect and recover from the horrible events that have happened the last few weeks.

Hug and hold love ones everyday and thank your lucky stars!!

Have an Awesome weekend and thanks for reading!!