IFLY - The Wood Market Gets Ready For Spring
While the lumber market is one of the least liquid contracts that trade in the futures arena, it is a critical benchmark when it comes to judging economic expansion or contraction. Following the price of lumber futures enhances the overall picture of the US and global economy and the price path of the agricultural commodity can be as significant as other industrial commodities like crude oil and copper. However, the volume and open interest in the oil and copper markets allow for direct participation. When it comes to lumber, more than a few brave souls