Lord-Wood Timber Freight Update 23 October 2026: Brent Near $114 as Red Sea Risk Hits Gulf Timber Shipping
On 23 October 2026, Brent crude traded near $114 a barrel, up about 1% on the day and more than 7% over the past month. The key news: Houthi attacks on Saudi Arabia’s Red Sea port of Yanbu and nearby energy sites pushed oil to a five-month high this week. War-risk insurance for Saudi-linked tankers […]
Quiet Lumber Market, 19 October 2026: Futures at $532.50 on Thin Trading and Madison’s Index at $499 — Lord Wood’s Steady-Buying Guide for Timber Buyers
Monday, 19 October 2026 — the lumber market is calm, and calm markets reward planning. The key news: CME lumber futures closed last week at $532.50 per thousand board feet (mbf), almost unchanged on the week and 16% below a year ago. Trading was thin: about 444 contracts a day, against a 12-week average of […]
Lumber Delivery Bottlenecks in October 2026: Madison’s Index at $500 as Trucks and Rail Cars Run Short — Lord Wood Buying Guide, 16 October 2026
Lord Wood presents its timber brief for Friday, 16 October 2026. The key news: Madison’s benchmark softwood lumber index fell 1% to $500 per thousand board feet in the week to 9 October. Lumber futures closed at $536.50 on 15 October, down 3% in a month and 14.5% in a year. Mills report a lack […]
Lumber Futures Bounce 2.7% From a 13-Month Low: What Timber Buyers Should Do in Mid-October 2026 — Lord Wood
Lord Wood presents its timber brief for Monday, 12 October 2026. The key news: North American lumber futures closed Friday 9 October at about $532.53 per thousand board feet (mbf), up 2.7% on the day. Earlier in the week they fell to about $523.50, the lowest since September 2025. Prices are still down about 8% […]
Iraq Suspends Advance Customs Collection as the Dinar Is Devalued: What It Means for Timber Importers — Lord Wood, October 8, 2026
Lord Wood presents its timber brief for Thursday, October 8, 2026. Two decisions, one day: Iraq’s Finance Ministry set a new official rate of 1,500 dinars per dollar and suspended the advance collection of customs duties and tax deposits on imports. The good news for importers: Without advance customs deposits, less cash is locked up before your […]
Weak US Jobs Data Pulls Yields Lower: What It Means for Timber Financing Costs — Lord Wood, October 2, 2026
Meta: US payrolls rose only 29,000 in September 2026 and Treasury yields fell. Lord Wood explains what lower financing costs mean for timber buyers and construction projects. Lord Wood presents its timber brief for Friday, October 2, 2026. The news: The US added just 29,000 jobs in September. Treasury yields fell as markets moved toward […]
Oil Falls 2.6% as Saudi Red Sea Exports Recover: What It Means for Delivered Timber Costs — Lord Wood, September 30, 2026
Lord Wood presents its timber brief for Wednesday, September 30, 2026. Our thoughts are with everyone affected across the region. The key news: Brent fell 2.6% to $102.59 on Tuesday after Saudi Arabia’s Yanbu terminal returned to operation following this month’s pipeline attack. Oil is still up about 13% in September. Why it matters for […]
Lord Wood Timber Brief — September 28, 2026: Wood at a Nine-Month Low, Money at a Two-Decade High — Buy the Timber, Budget the Finance
Lord Wood presents its timber brief for Monday, September 28, 2026. Our thoughts are with everyone affected across the region. This month’s picture for project buyers is unusual: the wood itself is cheap, but money and freight are expensive — and your contract should reflect both. The Market CME lumber futures closed Friday at $538 […]
A powerful storm caused millions of cubic meters of timber to be cut down in northern Sweden
A powerful storm struck northern Sweden on January 7, 2026, causing millions of cubic meters of timber to fall due to strong winds. The storm destroyed vast areas of forests and trees. Initial estimates indicate that several million cubic meters of timber fell in northern Sweden alone, representing significant damage to the forestry sector. These […]
Reclaimed wood with historical significance is in high demand
Sales of reclaimed wood are booming, with heartwood and oak being the most sought-after. Customers prefer hand-carved beams for their historical value and the marks of use that reflect their authentic character. This type of wood is widely used in decorative projects and cladding rather than for structural purposes. Most reclaimed wood is sourced from […]