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Lumber Prices Climb amid Rising Interest Rates

  • Lumber prices increased in July and September.
  • The price of lumber futures rose $525 per 1,000 board feet in July.
  • September lumber futures rose $539 per 1,000 board feet, up 6.5 points.
  • November lumber futures rose $545.5 per 1,000 board feet, up 4 points.
  • Interest rates rose slightly with the LIBOR increasing to 94.82 points and Eurodollars up to 94.497 points.
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