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Market News

  • Forest Industry Waits as Softwood Lumber Deadline Booms September 28, 2016

    As the deadline approaches to settle a new Softwood Lumber Agreement between the U.S. and Canada, Northern Ontario stakeholders are weighing in on what could happen to the industry if a new agreement isn't secured by the cutoff date. 

  • Americans Love This Job Market But Aren't as Keen on Spending September 28, 2016

    An index from a New York-based research group rose to the highest level in nine years, mainly because of increased optimism about the job market

  • 10 U.S. Cities That Need New Homes Now September 28, 2016

    Homeownership is at its lowest level in half a century, but it's not because of a lack of demand. There aren't enough new homes in urban hot spots. 

  • Lumber Early (Opinion) - September 28th, 2016 September 28, 2016

    Good Morning,

    The market showed sign of digesting yesterday on very light trade. The futures' momentum brought in good buying in cash last week. We are now looking for a push down here. Again, I would think that it would come from speculators, but not in a falling market. I think we now have to focus on stop areas that are selling if the market keeps falling; sort of a reverse trade with specs in then specs out. We could see good volatility in futures while little movement in cash the next few sessions. It looks like the good explanation of the SLA over the weekend took some of the wind out of those sails...for now.

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

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