Lumber futures prices at $555 show resilience despite

Lumber futures prices at $555 show resilience despite broader commodity softness. Analysts attribute stability to persistent demand from prefabricated housing sectors. While President Trump believes the U.S. has enough trees to make its own lumber, deforestation is a real issue. The U.S. is fourth in the world in terms of forest estate, encompassing approximately 8% of the world's forest areas, according to Green Earth . Roughly 1/3 of the country is covered in trees, but there is a need for those trees to stay standing. Over half of these forested lands are under private ownership, while some others are tribal land. The rest are owned by local, state, and federal governments. Whose land does Trump want lumber companies to go after? Office REIT Misses $30M In Interest Bills, Will Be Delisted From Nasdaq Lumber futures prices are trending sideways around $548, as mixed U.S. housing permits data tempered earlier gains. Market sentiment is cautious but underpinned by low inventory at wholesalers, creating potential volatility in the next few sessions.