RE:WOW! Lumber up the full $10 again this morning.Hey Sandheads, you're stealing my headline! LOL. To overly simplify: Lumber commodity prices basically drifted around the $320 level for the past several months. If a tariff of 25% was introduced, that would mean Canadian lumber would have to sell in the area of $400 (taking into account it is U.S. dollars) to remain about the same level of profitability. At $360 we are certainly getting closer to that level and Fridays Madison report hints at buyers beginning to panic a bit at the prospectof a tariff. If I were a buyer I would certainly grab some contracts at the current price to hedge against Trumps stupidiy.
Anyway, the prospect of WEF being significant harmed by a tariff may not be all that onerous, even in the U.S. In the rest of the world higher prices would be beneficial to WEF.