Additionally, prices of lumber and other building materials slumped after a renovation project surge and the pandemic eased; the lower prices left many suppliers in shaky financial condition.

The mere threat of tariffs being tacked onto Canadian lumber imports in the U.S. is raising fears of panic buying that could roil lumber markets and prices. “A number of Canadian lumber ...

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Lumber prices based on the most active futures contract have climbed by more than 7% so far in the new year, already outpacing 2024's modest 1.3% rise, according to Dow Jones Market Data.

Lumber prices have been stable at $500 per thousand board feet as of 2023-2024. Boise Cascade sees profits despite the soft housing market linked to construction demand. International Paper excels ...

Lumber prices have reached record highs in Japan since economic sanctions were imposed against Russia, leading to expectations of a spike in housing costs in the years ahead. Russia accounts for ...

Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand. By Santul Nerkar When it comes to coffee, Thaleon Tremain has ...

Canadian sawmills are bracing for potential U.S. tariffs to be added on top of existing lumber duties, warning American customers of looming price increases. The U.S. Department of Commerce ...

Natural-gas prices soared on Monday, tallying their biggest percentage-point gain in nearly three years. Traders responded to expectations for falling temperatures in the U.S. and Europe ...

The USDA predicts food prices could rise by an average of 2.5% in 2025. Micheline Maynard has focused on the business world for much of her career. Also known as Micki, she has been a writer and ...

Drugmakers plan to raise U.S. prices on at least 250 branded medications including Pfizer PFE.N COVID-19 treatment Paxlovid, Bristol Myers Squibb's BMY.N cancer cell therapies and vaccines ...