Madison’s Softwood Lumber Prices Index vs FuturesMadison’s Lumber Reporterhttps://madisonsreport.com/wp-content/uploads/2023/01/cropped-logo_M-02-32×32.png
In mid-2022 the Chicago Mercantile Exchange launched updated Lumber Futures trading under a new ticker. Using the same species/product mix, Madison’s created an Index tracking that same market cash prices (print). The two-year graph below shows these concurrent data sets correlate very nicely: This demonstrates a much more reliable symmetry between prices of Futures and […]
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