Lumber futures continue their wild ride, trading limit down after going limit up in the previous session. Futures fell the max $48 per 1,000 board feet, off 3.6% to $1,278.70.
But lumber prices are still up around 50% year to date and have tripled since the start of 2020.
Strong demand for U.S. homes in the midst of pandemic-related supply constraints have been the big factors in the surge in prices.
US lumber prices could plunge by year end
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