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Please follow the GREEN leader tool starting at Quantity to search mill options. Once finished, select the "Choose Mills and See Available Inventories" button to view options that match your selection. To add another product, select "add another product". You can add a saved search from this screen by naming this search. **indicates a field that is required to search available inventory.

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Market Trends

Market News

  • Lumber Early (Opinion): May 25th, 2016 May 25, 2016

    Good Morning,
     
    An extremely robust new homes number stopped the free fall in futures yesterday; it was another session of low volume, which we have seen recently. Most of that has to do with the lack of conviction in the general marketplace. The specs trade in and out and may be a few funds, but the overall industry is on the sidelines. To me, that has been a bullish indicator all year. 
     
    Technically, the market has retraced $33.70 on this break or awfully close to the $35 norm. The RSI dropped from 78% to 34%, which was a very good correction. This break is a good indication that the marketplace is moving towards an oversupplied condition. I still don't see that coming to reality for some time, so selling futures against your inventory can continue to cause sleepless nights (and margin calls).

    Brian V. Leonard
    Leonard Commodities, Inc.
    (888) 800-3543

  • U.S. New-Home Sales Rise at Fastest Pace in Eight Years May 25, 2016

    U.S. new-home sales posted their strongest month in more than eight years while prices jumped to a record level, suggesting healthy demand alongside limited supplies across the housing market. Read more here

  • The Truth About Housing Starts in April 2016 May 25, 2016

    In April 2016, housing starts rose from 1.1 million ~ 1.2 million, which was above the Wall Street analyst estimate of 1.1 million. Read more here

  • A Rising Housing Market Lifts Builders, Home Goods Retailers May 25, 2016

    A new report from the U.S. that showed Americans are snapping up homes at a pace not seen since the housing bust-fueled recession pushed the trading of shares of all companies affiliated with the sector into overdrive on Tuesday. Read more here


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