WOOD News and Press, iShares S&P Global Timber & Forestry Index Fund From 07/13/21

The best news last week was the continuing decline in global bond yields, including the 10-year Treasury rate falling below 1.4% last Tuesday. If and when the Fed decides to raise key short-term interest rates, I don’t think they will be able to raise rates by much, since the f...

PaulGrecaud/iStock via Getty Images Lumber futures (LB1:COM) have surrendered all of their astronomical 2021 gains, settling -5.6% today to $712.90 per 1,000 board feet in Chicago, as demand eases and supply expands in response to earlier gains. At one point, lumber futures were trading as hi...

Marginal growth continued for basic materials stocks for the second consecutive week after registering a fall in the past two weeks.iShares U.S. Basic Materials ETF (IYM) and Materials Select Sector SPDR ETF (XLB) both recorded slightly accelerated growth from the previous week, gaining ...

Taiyou Nomachi/DigitalVision via Getty Images Kyle Little, COO of Sherwood Lumber Corp., said Thursday that he expects a bounce in lumber prices in the next two or three weeks, as the market responds to normal seasonal pressures. Little told CNBC that even with the extreme volatility of the l...

Headline inflation numbers have been brutal, with the CPI rising at rates that would normally call for a fast, hard tightening. Price trends in the industrial and agricultural commodities space are generally flattening, with only iron ore continuing higher. As supply chains unkink...

Lumber is driven by home building, which is in an upturn. Oil is driven by a similar dynamic. Natural gas is in a deficit but is more complicated. Commodities staying high will drive inflation. For further details see: Inflation In Depth: Lumber, Oil And Natural Gas ...

Basic materials stocks showed a marginal recovery this week after registering a fall in the past two weeks.In the past 5-day trading session, iShares U.S. Basic Materials ETF (IYM) and Materials Select Sector SPDR ETF (XLB) grew 0.16% and 0.06%, respectively.Lumber prices conti...

If a lumber stock falls in the market, does it make a sound? It certainly does when it’s going up, and for some reason, Western Forest Products (TSXV:WEF) seemed to do just that this year despite soaring lumber prices and a pandemic that closed processing plants. Accord...

The Fed's hawkish comments coming out of the FOMC meeting last week unsettled markets. As it relates to the equity market, the year has been good for equity investors. At the moment, the underlying economy is strong and is likely to remain so into 2022. For further details s...

Materials-related stocks took a hit this week following the US Federal Reserve's latest policy update accelerating its interest hike forecast and upgrading inflation expectations.In the past 5 day trading session, iShares U.S. Basic Materials ETF (IYM) and Materials Select Sector SPDR ETF (XL...