According to The Kobeissi Letter, lumber futures prices have surged to $675, marking a 20% increase over six weeks and reaching their highest point since August 2022. This significant price movement follows President Trump's order for an investigation into US lumber shipments, which aims to scrutinize the conditions of these imports.

According to The Kobeissi Letter, lumber futures prices have surged to $675, marking a 20% increase over six weeks and reaching their highest point since August 2022. This price jump follows President Trump's order for an investigation into US lumber shipments, which aims to scrutinize the import practices of the commodity.