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A new way to manage lumber cost exposure comes available in August

Michael Guckes
A new way to manage lumber cost exposure comes available in August

According to CME Group, an American global markets company and exchange operator, and The Wall Street Journal, CME Group will be introducing a new futures contract using ticker “LBR” starting as early as August 2022.

This could be a significant benefit to smaller sawmills along with general and trades contractors involved in housing construction.

Find out more here.

https://www.constructconnect.com/construction-economic-news/a-new-way-to-manage-lumber-cost-exposure-comes-available-in-august 

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