Lumber, Redux: Why So Loved in 2010?

Just sharing some reading/research I’ve been doing over the incredible outperformance of lumber so far in 2010. It is up 40% year-to-date, a fairly astounding figure.

  • Pine beetle threatens North American forestry (UPI)
  • Pine beetle to affect lumber supply continent-wide (Province)
  • What’s killing the great forests of the American West? (Guardian)
  • Some see beetles in forests as natural event (NYT)
  • U.S. lumber prices higher as tax incentive nears end (Reuters)
  • Random lumber-length quotes (CME)

lumber-ytd

lumber

All graphs via Finviz.

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