Lumber futures rose to the highest in a month as some of Canada’s biggest producers reduce output and transportation snags disrupt shipments to customers. March futures rose by the exchange limit of $45 Wednesday to $1,336 per $1,000 board feet in Chicago before paring gains. The surge comes as firms such as Canfor Corp. announce supply cuts in British Columbia, while port congestion and a lack of rail cars and trucks make it harder for Canadian companies to get timber to buyers. “In Western Canada these transportation challenges are ...
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