where a glut of pine trees has kept log prices low no matter how high lumber prices have risen. It opened a new $210 million sawmill north of Mobile, Ala., recently and completed the $130 million ...

Designed to support North America's fastest-growing lumber-producing region across the supply chain, Southern Yellow Pine futures will begin trading on March 31, 2025, pending regulatory review.

The exchange operator CME Group said it would launch trading in Southern yellow pine futures on March 31, a response to rising export taxes on Canadian lumber that have pushed benchmark wood ...