Lumber - Forecast

Lumber is expected to trade at 490.00 USD/1000 board feet by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 500.00 in 12 months time.



Forecast Data Chart
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Energy Price Day Q3/18 Q4/18 Q1/19 Q2/19
Crude Oil 70.3300 0.47 -0.66% 69.8700 66.1900 62.7100 59.4100
Brent 78.8700 0.17 0.22% 73.8612 70.0119 66.3652 62.9056
Natural gas 2.9580 0.02 -0.60% 2.6281 2.3970 2.1864 1.9942
Gasoline 2.0200 0.01 0.27% 1.9367 1.7695 1.6164 1.4769
Heating oil 2.2333 0.01 0.24% 2.0522 1.9427 1.8389 1.7407
Ethanol 1.2620 0.00 0.00% 1.3284 1.2576 1.1907 1.1275
Naphtha 671.05 2.15 -0.32% 623.00 595.29 568.82 543.46
Propane 1.05 0.01 -0.54% 0.88 0.82 0.75 0.70
Uranium 27.4500 0.10 0.37% 21.3045 19.7760 18.3600 17.0427

Metals Price Day Q3/18 Q4/18 Q1/19 Q2/19
Gold 1,211.82 2.74 0.23% 1,226.85 1,197.44 1,168.65 1,140.62
Silver 14.3616 0.12 0.84% 15.3526 14.7050 14.0847 13.4900
Platinum 834.90 2.92 0.35% 808.86 778.70 749.63 721.65
Palladium 1,050.90 0.90 0.09% 893.18 844.43 798.32 754.67
Manganese 41.00 0.00 0.00% 36.07 34.23 32.49 30.83
Neodymium 407,500.00 0.00 0.00% 390,598.00 367,648.50 346,027.00 325,650.50
Rhodium 2,500.00 60.00 2.46% 2,160.11 2,064.74 1,973.43 1,886.20

Agricultural Price Day Q3/18 Q4/18 Q1/19 Q2/19
Soybeans 844.5000 5.75 -0.68% 815.0000 782.0000 750.0000 720.0000
Wheat 520.2500 3.75 -0.72% 520.0000 480.0000 450.0000 400.0000
Cotton 78.27 0.80 -1.01% 80.00 78.00 75.00 76.73
Rice 9.8450 0.03 -0.30% 11.0000 12.0000 12.5000 12.3100
Palm Oil 2,129.00 11.00 0.52% 2,400.00 2,500.00 2,300.00 2,440.00
Cheese 1.6550 0.01 -0.30% 1.5500 1.4900 1.4300 1.3800
Milk 16.14 0.00 0.00% 14.60 13.90 13.30 12.70
Orange Juice 147.40 0.80 0.55% 155.00 140.00 135.00 130.00
Coffee 99.75 3.05 3.15% 95.00 90.00 100.00 116.30
Wool 2,081.00 0.00 0.00% 2,100.00 1,900.00 1,950.00 1,800.00
Sugar 10.80 0.04 0.37% 11.00 12.00 13.00 12.40
Tea 3.56 0.00 0.00% 3.20 3.30 3.20 3.15
Cocoa 2,201.00 6.00 0.27% 2,350.00 2,200.00 2,500.00 2,550.00
Canola 488.60 0.50 -0.10% 560.00 540.00 480.00 475.00
Rubber 145.00 0.20 -0.14% 160.00 180.00 200.00 220.00
Lumber 345.00 0.00 0.00% 490.00 500.00 520.00 500.00
Oat 250.2500 1.25 0.50% 280.0000 250.0000 240.0000 240.0000
Corn 353.2500 0.75 0.21% 330.0000 350.0000 320.0000 320.0000

Livestock Price Day Q3/18 Q4/18 Q1/19 Q2/19
Live Cattle 112.4500 0.00 0.00% 100.0630 94.0592 88.4174 83.1055
Lean Hogs 61.2500 0.00 0.00% 74.0380 65.4730 57.8958 51.1978
Beef 10.20 0.06 0.59% 9.18 8.96 8.75 8.54
Poultry 4.33 0.00 0.00% 3.31 2.95 2.62 2.33
Feeder Cattle 155.6750 0.00 0.00% 145.5878 138.7118 132.1720 125.9378

Industrial Price Day Q3/18 Q4/18 Q1/19 Q2/19
Copper 2.7600 0.04 1.43% 2.7236 2.5719 2.4286 2.2933
Bitumen 3,642.00 132.00 3.76% 2,857.23 2,567.21 2,306.77 2,072.41
Steel 4,553.00 10.00 0.22% 3,559.30 3,143.40 2,776.27 2,452.26
Cobalt 63,000 0.00 0.00% 70,878 67,208 63,724 60,428
Coal 111.45 0.50 -0.45% 107.38 102.35 97.57 92.99
Lead 2,008.50 0.00 0.00% 2,245.71 2,114.03 1,990.22 1,873.57
Aluminum 2,043.00 17.00 0.84% 1,984.94 1,879.50 1,779.72 1,685.18
Tin 18,960.00 90.00 0.48% 19,068.04 18,426.78 17,807.23 17,209.38
Zinc 2,455.00 21.00 0.86% 2,700.90 2,564.66 2,435.53 2,312.66
Nickel 12,420.00 0.00 0.00% 13,256.89 12,243.54 11,309.12 10,445.04
Molybdenum 25,000.00 0.00 0.00% 24,325.00 23,667.50 23,030.00 22,407.50
Iron Ore 69.50 0.00 0.00% 62.26 57.85 53.75 49.95
Soda Ash 1,832.86 0.00 0.00% 1,943.82 1,858.64 1,777.33 1,699.47
Lithium 127.53 1.20 0.95% 118.96 113.76 108.79 104.04

Index Price Day Q3/18 Q4/18 Q1/19 Q2/19
Baltic Dry 1,396.00 23.00 1.68% 1,338.58 1,214.01 1,100.95 998.51
CRB Index 198.39 0.98 0.50% 197.14 192.02 187.02 182.16
LME Index 2,916.50 0.00 0.00% 3,040.42 2,929.34 2,822.37 2,719.50
S&P GSCI 2,773.68 0.00 0.00% 2,681.33 2,589.42 2,500.57 2,414.78

TRADING ECONOMICS forecasts are based on its analysts expectations and proprietary global macro models. We work hard to make sure any information we present is accurate and reliable. However, our forecasts are not recommendations to buy or sell nor we are a registered investment adviser. Moreover, the past performance of our models is not necessarily indicative of future results.