$1,458.4/1000bft
With Chicago lumber futures at $1,458.40/1000 bft today just shy of an all time high last May and no negative Western Forest news the only rationale for today's price pull back was in responce to the drop in stock markets.
Expect a price to reverval as soon as the markets reverse. Likely tomorrow.
Much like other commodities like oil, natural gas, gold, silver, coal, nickel, zinc, aluminium, tin, etc., lumber is out performing in this commodity bull cycle. This bull cycle is going to be lasting as the fundementals underpinning this cycle have been building for years.