Home » Lumber Prices and Lumber Futures
Lumber prices can change quickly, and tracking them can help you plan your purchases. The chart below shows the U.S. Producer Price Index (PPI) for lumber from the Bureau of Labor Statistics, via the Federal Reserve Bank of St. Louis (FRED). The PPI measures the average change over time in the prices domestic producers receive for their output. It’s a monthly index (1982 = 100), not the price you’d pay at your local store. For daily lumber futures prices (symbol LBR), see the CME Group and Yahoo Finance links below. For tips on buying lumber, check out our articles below.
Lumber prices rise and fall with supply and demand. The PPI shows how the prices producers receive have changed from month to month. Lumber futures, traded on the CME, are contracts that set a price today for lumber to be delivered on a future date.
Whatever you pay for lumber, checking its moisture content before you build helps protect that investment.