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Lumber Physical May '24 (LBK24)

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Contract Specifications

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Contract
Physically-Delivered Lumber
Contract Size
27,500 board foot
Tick Size
50 cents per thousand board feet ($13.75 per contract)
Trading Hours
9:00a.m. - 3:05p.m. CST
Exchange
CME
Point Value
$27.50
Margin/Maintenance
$990/900
First Notice Date
05/24/24
Expiration Date
05/15/24 (expired)

Seasonal Chart

Lumber Physical May '24
Average Price Chart for 5 Prior May Contracts

Commitment of Traders Positions as of Dec 17, 2024

View Chart Details
Commercials - Long / Short
4,287 (+1,756)
2,881 (-805)
Non-Commercials - Long / Short
1,791 (-1,054)
3,276 (+1,635)
Producers - Long / Short
3,810 (+1,765)
2,788 (-806)
Swap Dealers - Long / Short
461 (-10)
77 (unch)
Managed Money - Long / Short
328 (-1,234)
2,340 (+1,345)
Other Reportables - Long / Short
1,463 (+180)
936 (+290)
Get Realtime - Quotes and Charts for Futures Traders. Learn More >>

Price Performance

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Period Period Low Period High Performance
1-Month
470.00 +5.53%
on 05/14/24
533.00 -6.94%
on 04/17/24
-38.00 (-7.12%)
since 04/15/24
3-Month
470.00 +5.53%
on 05/14/24
629.50 -21.21%
on 03/01/24
-82.50 (-14.26%)
since 02/15/24
52-Week
470.00 +5.53%
on 05/14/24
629.50 -21.21%
on 03/01/24
-62.00 (-11.11%)
since 05/15/23

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Most Recent Stories

More News
Sugar Prices Extend Recent Losses on Global Supply Optimism

March NY world sugar #11 (SBH25 ) today is down -0.20 (-1.02%), and March London ICE white sugar #5 (SWH25 ) is not trading with markets in the UK closed for the Boxing Day holiday. NY sugar today tumbled...

SBH25 : 19.30 (-1.23%)
^USDBRL : 6.74260 (+8.90%)
SWH25 : 518.40s (unch)
Cocoa Prices Sink as Current Supplies Remain Adequate

March ICE NY cocoa (CCH25 ) today is down -841 (-7.10%), and March ICE London cocoa #7 (CAH25 ) is not trading with UK markets closed for the Boxing Day holiday. Cocoa prices today plummeted to a 1-1/2...

CCH25 : 10,866 (-8.32%)
CAH25 : 9,134s (unch)
Arabica Coffee Prices Fall as ICE Inventories Climb

March arabica coffee (KCH25 ) today is down -3.15 (-0.96%), and January ICE robusta coffee (RMF25 ) is not trading today with UK markets closed for the Boxing Day holiday. Arabica coffee prices today are...

^USDBRL : 6.74260 (+8.90%)
RMH25 : 5,041s (unch)
KCH25 : 324.15 (-1.35%)
Cotton Coming Out of Christmas Break with Gains

Cottonprice action is coming out of the Christmas holiday with contracts up 15 to 21 points. Futures gave back some of Monday’s jolliness, with Tuesday losses of 14 to 64 points. The outside markets...

CTH25 : 68.79 (+0.01%)
CTK25 : 69.89 (+0.01%)
CTZ24 : 71.40s (-1.37%)
Cotton Pulled Back Lower Heading into Christmas Break

Cotton futures gave back some of Monday’s jolliness, with Tuesday losses of 14 to 64 points. The outside markets were mixed factors, with the US dollar index up 193 points and crude oil $0.93/barrel...

CTH25 : 68.79 (+0.01%)
CTK25 : 69.89 (+0.01%)
CTZ24 : 71.40s (-1.37%)
Sugar Prices Close Steady to Higher But Market Remains Wary about Brazil Crop Report

March NY world sugar #11 (SBH25 ) on Tuesday closed unchanged, and March London ICE white sugar #5 (SWH25 ) closed up +6.20 (+1.21%). Sugar prices on Tuesday consolidated mildly above last Thursday's lows,...

SBH25 : 19.30 (-1.23%)
SWH25 : 518.40s (unch)
Cocoa Prices Consolidate Below Last Week's Highs

March ICE NY cocoa (CCH25 ) on Tuesday closed up +106 (+0.90%), and March ICE London cocoa #7 (CAH25 ) closed down -238 (-2.54%). Cocoa prices remained volatile in thin holiday trade as they consolidated...

CCH25 : 10,866 (-8.32%)
CAH25 : 9,134s (unch)
Coffee Prices See Support from Weather Concerns

March arabica coffee (KCH25 ) on Tuesday closed up +1.35 (+0.41%), and January ICE robusta coffee (RMF25 ) closed up +33 (+0.65%). Arabica coffee prices traded higher on continued support from below-average...

RMH25 : 5,041s (unch)
KCH25 : 324.15 (-1.35%)
Sugar Prices Are Higher But Market Remains Wary about Brazil Crop Estimate

March NY world sugar #11 (SBH25 ) today is up +0.07 (+0.36%), and March London ICE white sugar #5 (SWH25 ) closed up +6.20 (+1.21%). Sugar prices today are trading higher, consolidating mildly above last...

SBH25 : 19.30 (-1.23%)
SWH25 : 518.40s (unch)
Cocoa Prices Consolidate Below Last Week's Highs

March ICE NY cocoa (CCH25 ) is up +84 (+0.72%), and March ICE London cocoa #7 (CAH25 ) is down -238 (-2.54%). Cocoa prices remain volatile in thin holiday trade as they consolidate below recent highs....

CCH25 : 10,866 (-8.32%)
CAH25 : 9,134s (unch)

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Soft Signal Strength.

Key Turning Points

3rd Resistance Point 520.00
2nd Resistance Point 508.00
1st Resistance Point 502.00
Last Price 496.00s
1st Support Level 484.00
2nd Support Level 472.00
3rd Support Level 466.00

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52-Week High 629.50
Fibonacci 61.8% 568.57
Fibonacci 50% 549.75
Fibonacci 38.2% 530.93
Last Price 496.00s
52-Week Low 470.00

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