Protecting Your Business: Insuring To Value As Lumber Prices Rise
An increase in construction spending, a lumber shortage, wildfires, hurricanes, and tariffs on Canada’s softwood lumber industry have caused lumber prices to soar. The Chicago Mercantile Exchange had lumber futures at a record $532.60 per 1,000 boards in March, according to The Wall Street Journal. Unfortunately, this news means the building material dealers, lumber yards,... [Read More]