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Timber News in Review

Posted March 5th, 2010 in News Leave A Comment

Chicago Mercantile Exchange lumber futures closed lower on Friday as quiet cash markets prompted speculators to retreat from their long positions. As of Friday mid-day, the quoted price was $255. A U.S. jobs report was issued this week and unemployment held steady at 9.7 percent. The Labor Department reported payrolls dropped by 36,000 last month [...]

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