Lumber futures climbed close to USD 600 per 1,000 board feet in early June, reaching their highest level since April 2026. On June 3, prices stood at USD 597.50 per 1,000 board feet, up 1.53% on the day, 4.09% from a month earlier and 1.00% higher than a year ago. The recent increase has been driven primarily by supply-side factors. Domestic US production has not fully compensated for lower Canadian shipments, while Canada continues to account for a significant share of US lumber supply. Trade measures have also supported prices. Although ...
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