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Why the Price of Lumber Has Soared Day After Day After Day
Odd Lots
The Futures Markets Are Very Volatile, Highly Liquid
Future markets are highly liquid, highly volatile. One of my observations has been the consolidation of our industry from saw mills to lumber dealers. So buying a may future contract in march like that, of lines with what they would be doing in the cash markets. They 've been consolidating since the great recession to the point where there's basically four or five major canadian producers.
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