Lumber Futures & Options
Lumber futures track North American housing and renovation demand, and the contract's 2022 redesign to Chicago delivery changed its basis relationships — history matters when reading old charts.
Trading the Lumber Contract
Sugar, coffee, cocoa, cotton, orange juice, and lumber — the weather-driven markets.
Soft commodities are among the most weather-sensitive and politically exposed markets in the world. Forward-contract hedges protect food manufacturers, roasters, and builders against supply shocks and price spikes.
Whether you hedge commercial exposure or study the market, you do not have to figure it out alone. AgriculturalHedging.com's education library explains the contract and its risks, and its partner network connects you with qualified, registered organizations that serve lumber markets.
Find a Qualified ProviderContract Specifications
| Exchange | CME®-G |
|---|---|
| Contract Size | 110,000 bd. ft. |
| Contract Months | F, H, K, N, U, X (January, March, May, July, September, November) |
| Trading Hours | 9:00-13:05; Globex® Mon 9:00-Fri 13:55 |
| Minimum Fluctuation | 10¢/1,000 bd. ft. = $11.00 |
| Daily Limit | $10/1,000 bd. ft. = $1,100 (c) |
Contract specifications change. Always confirm current specs with the exchange before trading.
Tools & Resources
More Softs Markets
Lumber Futures FAQ
What is the Lumber futures contract?
Lumber futures track North American housing and renovation demand, and the contract's 2022 redesign to Chicago delivery changed its basis relationships — history matters when reading old charts. The contract trades on CME®-G with a contract size of 110,000 bd. ft..
How can I hedge Lumber price risk?
Soft commodities are among the most weather-sensitive and politically exposed markets in the world. Forward-contract hedges protect food manufacturers, roasters, and builders against supply shocks and price spikes. Qualified hedging providers can be found through the AgriculturalHedging.com partner network.
How do I start trading Lumber futures?
Futures accounts are opened with registered firms — futures commission merchants and introducing brokers. AgriculturalHedging.com explains the contract, the margin, and the risks so you can evaluate providers and get started prepared.
Learn or Hedge Lumber with Qualified Help
AgriculturalHedging.com turns commodity complexity into plain language — and connects you with registered organizations that serve lumber markets.