Tag Archives: CME

CME Lumber Changes

While I don’t typically actively trade Lumber Futures, I do track their prices. I recently was confused by a change to the symbol at Barchart.com from LS to LB.

I found this very helpful article about the change in the contract. Much more changed than just the symbol, the dimensions and other specifics about the contract changed as well.

https://www.lesprom.com/en/news/Everything_you_need_to_know_about_new_CME_lumber_futures_contract_107712/

The size of the contract is much smaller, from about a train car of lumber to a truck of lumber. Also the prices don’t really match up so this should be added as a new item and not spliced back into the old Lumber contract. This is a fairly substantial change.