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Lumber prices forecast trimmed for 2013 despite U.S. housing surge

Despite a resurgence in U.S. housing construction expected to boost lumber prices, a 21 per cent drop in the cash price since mid-March and lower future prices have prompted several analysts to trim about five per cent off their 2013

Lumber Reaches 6-Year High as Housing Rebound Erodes U.S. Supply

Lumber futures rose to a six-year high, extending a 2012 rally that is one of the biggest among commodities, on mounting signs of tighter supplies as U.S. home construction rebounds. Lumber futures for January delivery gained 0.9 percent to settle