• Lumber prices fall for the 8th straight day to near $1,000 per thousand board feet for the first time since March

    3 days ago - By Business Insider

    Mario Tama/Getty Images
    Lumber futures fell over 5% to trade at $1,059 per thousand board feet on Friday.
    Prices for the hot commodity are now down roughly 37% from May 7 record highs.
    Weyerhaeuser's CEO said $1000 lumber prices aren't likely to continue at the 2021 Nareit conference.
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    Lumber prices fell for the eighth straight day on Friday to near $1,000 per thousand board feet for the first time since March in a reprieve for ailing homebuilders and renovators. Lumber futures fell 5.61% to trade at $1,059.20 per...
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