Yahoo: $LUMBER Prices Cut In Half for 2022

https://twitter.com/peregreine/status/1534889153535561730

1) $LUMBER prices cut in half for 2022

They have fallen even more from their peak of $1733.50 in May 2021. That would be about a (-67%) fall in prices:

Bloomberg/Yahoo headline: Lumber Price Gets Chopped in Half Amid Chill in Housing Markets

https://finance.yahoo.com/news/lumber-price-gets-chopped-hal…

Lumber futures fell as low as $568.40 per 1,000 board feet in Chicago on Wednesday, extending a slump to about 50% this year. Higher interest rates and soaring home prices are starting to put the brakes on home sales, according to Bloomberg Intelligence.

https://twitter.com/peregreine/status/1534889157411098626

2) $LUMBER daily, weekly, and monthly charts - - -

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