Shoe’s Lumber Report – 3/11/22 | Shoe's Lumber Report

GET READY AND… H O L D O N ! You will enjoy the changes to lumber futures limits if you like volatility. This past Monday, March 7th, the Chicago Mercantile Exchange expanded the daily trading limits from $30mbf per day to $57mbf per day until May 2022. Additionally, for days in which the limits are reached, the following days will have expanded limits of $86mbf. So the only advice I can give is to get ready for the ride! So on that note, let’s cut to the chase and jump right in and check out what transpired this past week in the place I like to call: ’The Wonderful World of Wood.” Enjoy…

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@Jim_Schumacher Do you think the changes to the futures market will have any substantive impact on the cash market?

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It’s either going down or up is my guess

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