Marcy Nicholson

Business, Logistics

Lumber Hits Record on Tight Supply, High Demand

 A Home Depot customer views lumber for sale at a Home Depot in Daly City, Calif. A Home Depot customer views lumber for sale at a Home Depot in Daly City, Calif. (Josie Norris/Bloomberg News)

Lumber roared to a fresh record high May 3, with traders in bidding wars after the Chicago Mercantile Exchange removed limits on how high some futures prices could go.

Marcy Nicholson | Bloomberg News
May 3, 2021