The volatility in lumber prices was on display earlier this week as according to a Markets Insider report, having dropped more than 6% to $829 per 1,000 board feet, hitting a new low for the commodity ...
As US inflation surges to its fastest rate in 40 years, investors are turning their attention to other asset classes to protect their investments, and timber is beginning to emerge from the sidelines.
Many institutional investors (not to mention many Americans interested in expanding a home or building a deck) are wondering why lumber prices have soared in 2021 – especially when raw timber has not.
Lumber prices continue to climb, bolstering sawmill owners and timber sector-related exchange traded funds. Year-to-date, the iShares Global Timber & Forestry ETF (WOOD) has increased 15.3%, while the ...
The May acquisition of CatchMark Timber Trust by PotlatchDeltic Corp. reduced the number of REITs specializing in timberland from four to three, the latest fluctuation in the production of lumber ...
RBC Capital analyst Paul Quinn lowered the firm’s price target on West Fraser Timber (WFG) to $85 from $91 and keeps an Outperform rating on the shares as part of a broader research note previewing ...
Investing in Timber REITs is a straightforward way to gain exposure to the timber and forestry industry without the complexities of directly owning and managing land. These publicly traded real estate ...
View West Fraser Timber Co. Ltd. WFG stock quote prices, financial information, real-time forecasts, and company news from CNN.
U.S. Secretary of Agriculture Sonny Perdue and U.S. Sen. Lisa Murkowski (R-Alaska) look at some old-growth logs in the yard at Viking Lumber in Klawock. The two toured Prince of Wales Island on June 5 ...
It’s a tough time to build or renovate a house in Australia. Prices are up, well above inflation. Finding materials and getting them on time is a challenge. Builders are grappling with too much work ...
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