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Lumber Random Length May '23 (LSK23)

344.00s +5.00 (+1.47%) 05/15/23 [CME]
N/A x N/A N/A x N/A
underlying price ()
Quote Overview for Mon, May 15th, 2023
Day Low
335.00
Day High
344.00
Open 337.10
Previous Close 339.00 339.00
Volume 12 12
Open Interest 42 42
Stochastic %K 31.08% 31.08%
Weighted Alpha -51.29 -51.29
5-Day Change -14.00 (-3.91%) -14.00 (-3.91%)
52-Week Range 326.60 - 772.80 326.60 - 772.80
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Contract Specifications

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Contract
Random Length Lumber
Contract Size
110,000 board foot
Tick Size
10 cents per thousand board feet ($11.00 per contract)
Trading Hours
9:00a.m. - 3:05p.m. Mon-Thur (Settles 1:05p.m.) CST
Exchange
CME
Point Value
$110
Margin/Maintenance
$5,940/5,400
First Notice Date
05/16/23
Expiration Date
05/15/23 (expired)
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Price Performance

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Period Period Low Period High Performance
1-Month
326.60 +5.33%
on 05/11/23
Period Open: 419.30
439.80 -21.78%
on 04/17/23
-75.30 (-17.96%)
since 04/14/23
3-Month
326.60 +5.33%
on 05/11/23
Period Open: 427.70
468.00 -26.50%
on 03/20/23
-83.70 (-19.57%)
since 02/15/23
52-Week
326.60 +5.33%
on 05/11/23
Period Open: 760.80
772.80 -55.49%
on 05/17/22
-416.80 (-54.78%)
since 05/13/22

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Most Recent Stories

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Cotton Losses Push to Friday Morning

Cotton price action is showing losses of 26 to 55 points. Futures closed out the Thursday session with contracts down 29 to 74 points. The US dollar index was back down $0.058 to $97.925, as crude oil...

CTZ25 : 65.95 (-0.72%)
CTV25 : 64.93 (-0.05%)
CTZ24 : 71.40s (-1.37%)
Cotton Fades Lower on Thursday

Cotton futures closed out the Thursday session with contracts down 29 to 74 points. The US dollar index was back down $0.058 to $97.925, as crude oil futures were down 8 cents. Weekly Export Sales data...

CTZ25 : 65.95 (-0.72%)
CTV25 : 64.93 (-0.05%)
CTZ24 : 71.40s (-1.37%)
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Can Cotton Break Out from Its Bearish Trend?

Cotton is an agricultural commodity trading on the Intercontinental Exchange in the soft commodities sector. Cotton prices have trended lower over the past few years, but they have reached a level where...

CTZ25 : 65.95 (-0.72%)
Sugar Prices Little Changed as Consolidation Emerges

October NY world sugar #11 (SBV25 ) Thursday closed unchanged, and October London ICE white sugar #5 (SWV25 ) closed up +0.40 (+0.09%). Sugar prices on Thursday settled little changed as prices consolidated...

SBV25 : 16.21 (+1.25%)
^USDBRL : 5.42260 (-0.04%)
SWV25 : 469.40 (+1.49%)
NY Cocoa Settles Higher on Tighter ICE Cocoa Inventories

September ICE NY cocoa (CCU25 ) on Thursday closed up +174 (+2.05%), and September ICE London cocoa #7 (CAU25 ) closed down -21 (-0.38%). Cocoa prices on Thursday settled mixed, with NY cocoa climbing...

CCZ25 : 8,143 (+1.02%)
CAZ25 : 5,456 (+0.87%)
Tighter Supplies and Brazilian Real Weakness Boost Coffee Prices

September arabica coffee (KCU25 ) on Thursday closed up +4.40 (+1.50%), and September ICE robusta coffee (RMU25 ) closed up +24 (+0.71%). Coffee prices settled higher Thursday on signs of tighter supplies....

^USDBRL : 5.42260 (-0.04%)
RMX25 : 3,472 (+2.81%)
KCZ25 : 299.00 (+2.70%)
Cotton Pulling Back from Early Gains on Thursday

Cotton futures are showing slight 4 to 20 point losses across most front months on Thursday. The US dollar index is back up $0.117 to $98.100, as crude oil futures are steady at midday. Weekly Export...

CTZ25 : 65.95 (-0.72%)
CTV25 : 64.93 (-0.05%)
CTZ24 : 71.40s (-1.37%)
Sugar Push Higher as They Consolidate Recent Losses

October NY world sugar #11 (SBV25 ) today is up +0.08 (+0.50%), and October London ICE white sugar #5 (SWV25 ) is up +2.10 (+0.45%). Sugar prices today are pushing higher as they consolidate recent losses....

SBV25 : 16.21 (+1.25%)
^USDBRL : 5.42260 (-0.04%)
SWV25 : 469.40 (+1.49%)
NY Cocoa Prices Gain as Supplies Tighten

September ICE NY cocoa (CCU25 ) today is up +197 (+2.33%), and September ICE London cocoa #7 (CAU25 ) is down -38 (-0.69%). Cocoa prices today are mixed, with NY cocoa climbing to a 5-week high. NY cocoa...

CCZ25 : 8,143 (+1.02%)
CAZ25 : 5,456 (+0.87%)
Cotton Rallying Ahead of Export Sales Release

Cotton price action is up 41 to 58 points so far on Thursday. Futures were up 11 points in the October contracts on Wednesday, with other contracts down 23 to 27 points. The US dollar index was back down...

CTZ25 : 65.95 (-0.72%)
CTV25 : 64.93 (-0.05%)
CTZ24 : 71.40s (-1.37%)
Cotton Feel Pressure on Wednesday

Cotton futures were up 11 points in the October contracts on Wednesday, with other contracts down 23 to 27 points. The US dollar index was back down $0.561 to $98.020, as crude oil futures were another...

CTZ25 : 65.95 (-0.72%)
CTV25 : 64.93 (-0.05%)
CTZ24 : 71.40s (-1.37%)
Stronger Brazilian Sugar Production Weighs on Sugar Prices

October NY world sugar #11 (SBV25 ) on Wednesday closed down -0.08 (-0.50%), and October London ICE white sugar #5 (SWV25 ) closed down -1.50 (-0.32%). Sugar prices on Wednesday settled lower but remained...

SBV25 : 16.22 (+1.31%)
SWV25 : 469.70 (+1.56%)
Cocoa Prices Settle Mixed on Currency Fluctuations

September ICE NY cocoa (CCU25 ) on Wednesday closed up +107 (+1.28%), and September ICE London cocoa #7 (CAU25 ) closed down -20 (-0.36%). Cocoa prices settled mixed on Wednesday due to currency fluctuations....

DXY00 : 98.251 (-0.15%)
CCZ25 : 8,143 (+1.02%)
CAZ25 : 5,456 (+0.87%)
Coffee Prices Settle Lower on Tariff Woes

September arabica coffee (KCU25 ) on Wednesday closed down -5.30 (-1.77%), and September ICE robusta coffee (RMU25 ) closed down -18 (-0.53%). Coffee prices retreated on Wednesday due to tariff concerns,...

RMX25 : 3,472 (+2.81%)
KCZ25 : 299.50 (+2.87%)
Cotton Back to Mixed Action on Wednesday

Cotton futures are up 36 points in the October contracts on Wednesday, with other cotnracts down 7 to 10 points. The US dollar index was back down $0.041 to $98.545, as crude oil futures were another $1.15/barrel...

CTZ25 : 65.95 (-0.72%)
CTV25 : 64.93 (-0.05%)
CTZ24 : 71.40s (-1.37%)
Sugar Prices Pressured by Stronger Brazilian Sugar Production

October NY world sugar #11 (SBV25 ) today is down -0.04 (-0.25%), and October London ICE white sugar #5 (SWV25 ) is down -1.00 (-0.19%). Sugar prices today are slightly lower but remain above Tuesday's...

SBV25 : 16.22 (+1.31%)
SWV25 : 469.70 (+1.56%)
Have Metals Gone Softs?

Though the situation continues to evolve, the question remains as to if the Metals sector has become the new Softs, meaning record highs are on the horizon over the coming years.

KCU25 : 306.30 (+2.85%)
OJU25 : 230.55 (+2.33%)
HGY00 : 4.3790s (-0.21%)
GCY00 : 3,399.44 (+0.09%)
PLV25 : 1,340.4 (-1.02%)
CCU25 : 8,747 (+1.19%)
SIY00 : 38.3468 (+0.16%)
Cocoa Prices Mixed Due to Currency Fluctuations

September ICE NY cocoa (CCU25 ) today is up +87 (+1.04%), and September ICE London cocoa #7 (CAU25 ) is down -20 (-0.36%). Cocoa prices today are mixed due to currency fluctuations. NY cocoa is climbing...

DXY00 : 98.251 (-0.15%)
CCZ25 : 8,143 (+1.02%)
CAZ25 : 5,456 (+0.87%)
Tariff Turmoil Weighs on Coffee Prices

September arabica coffee (KCU25 ) today is down -5.30 (-1.77%), and September ICE robusta coffee (RMU25 ) is down -13 (-0.38%). Coffee prices are under pressure today due to tariff concerns, as President...

RMX25 : 3,472 (+2.81%)
KCZ25 : 299.50 (+2.87%)
Cotton Extending Move Higher on Wednesday Morning

Cotton price action is up 4 to 26 points so far on Wednesday. Futures posted gains of 44 to 103 points across the front months on the Tuesday session. The US dollar index was back down $0.041 to $98.545,...

CTZ25 : 65.95 (-0.72%)
CTV25 : 64.93 (-0.05%)
CTZ24 : 71.40s (-1.37%)
Cotton Pops Higher on Tuesday

Cotton futures posted gains of 44 to 103 points across the front months on the Tuesday session. The US dollar index was back down $0.041 to $98.545, as crude oil futures were another $1.15/barrel lower....

CTZ25 : 65.95 (-0.72%)
CTV25 : 64.93 (-0.05%)
CTZ24 : 71.40s (-1.37%)
Can Sugar Break Out from Its Bearish Trend?

World sugar futures are a soft commodity. While cocoa, Arabica coffee, and frozen concentrated orange juice futures reached record highs in 2024 and 2025, the world sugar contract remains significantly...

SDU25 : 37.00s (-0.03%)
SBV25 : 16.22 (+1.31%)
CANE : 10.77 (+0.05%)
Higher Brazilian Sugar Production Sinks Sugar Prices

October NY world sugar #11 (SBV25 ) on Tuesday closed down -0.16 (-0.98%), and October London ICE white sugar #5 (SWV25 ) closed down -5.20 (-1.11%). Sugar prices tumbled to 5-week lows Tuesday on signs...

SBV25 : 16.22 (+1.31%)
SWV25 : 469.70 (+1.56%)
Cocoa Prices Jump on Supply Fears

September ICE NY cocoa (CCU25 ) on Tuesday closed up +261 (+3.22%), and September ICE London cocoa #7 (CAU25 ) closed up +169 (+3.14%). Cocoa prices settled sharply higher Tuesday on concern that the slowdown...

CCZ25 : 8,143 (+1.02%)
CAZ25 : 5,456 (+0.87%)
Arabica Coffee Prices Sharply Higher on Brazil Coffee Crop Concerns

September arabica coffee (KCU25 )on Tuesday closed up +10.15 (+3.52%), and September ICE robusta coffee (RMU25 ) closed down -9 (-0.26%). Coffee prices on Tuesday settled mixed. Arabica coffee settled...

RMX25 : 3,472 (+2.81%)
KCZ25 : 299.50 (+2.87%)
Cotton Posting Tuesday Gains

Cotton futures are showing gains of 41 to 88 points so far on the Tuesday session. The US dollar index is back down $0.056 to $98.520, as crude oil futures are another $1.00/barrel lower. Cotton exports...

CTZ25 : 65.95 (-0.72%)
CTV25 : 64.93 (-0.05%)
CTZ24 : 71.40s (-1.37%)
Sugar Prices Decline as Brazil Boosts Sugar Output

October NY world sugar #11 (SBV25 ) today is down -0.09 (-0.55%), and October London ICE white sugar #5 (SWV25 ) is down -4.50 (-0.96%). Sugar prices today tumbled to 5-week lows on signs of stronger sugar...

SBV25 : 16.22 (+1.31%)
SWV25 : 469.70 (+1.56%)
Global Supply Concerns Underpin Cocoa Prices

September ICE NY cocoa (CCU25 ) today is up +276 (+3.41%), and September ICE London cocoa #7 (CAU25 ) is up +169 (+3.14%). Cocoa prices are sharply higher today on concern that the slowdown in the pace...

CCZ25 : 8,143 (+1.02%)
CAZ25 : 5,456 (+0.87%)
Arabica Coffee Supported by Dry Conditions in Brazil

September arabica coffee (KCU25 ) today is up +7.70 (+2.67%), and September ICE robusta coffee (RMU25 ) is down -4 (-0.12%). Arabica coffee is sharply higher for a second day today due to below-average...

RMX25 : 3,472 (+2.81%)
KCZ25 : 299.50 (+2.87%)

Barchart Trading Guide

The Barchart Trading Guide is a Sell Signal with a Weak Signal Strength.

Key Turning Points

3rd Resistance Point 356.00
2nd Resistance Point 350.00
1st Resistance Point 347.00
Last Price 344.00s
1st Support Level 338.00
2nd Support Level 332.00
3rd Support Level 329.00

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52-Week High 772.80
Fibonacci 61.8% 602.35
Fibonacci 50% 549.70
Fibonacci 38.2% 497.05
Last Price 344.00s
52-Week Low 326.60

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