Lumber

Futures and Options
Globex Code
LBRK5
Last
628.00
Change
+4.00 (+0.64%)
Volume
178
Last Updated16 Feb 2025 11:46:02 PM CT.
Market data is delayed by at least 10 minutes

The new Lumber futures and options contract reflects changing production patterns, which makes it a more effective risk management tool for market participants. Lumber futures are physically delivered to the Chicago Switching District, allowing for a broader market participation from both western and eastern producing mills. Additionally, Lumber futures are sized at a single truckload to enable more tailored risk management strategies.

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Features and benefits

Precise hedging

Manage risk to Chicago-delivered lumber with a contract built to reflect prices at this key location, one truck load at a time. 

Market integrity

By acting as the counterparty to every trade, CME Clearing substantially mitigates the risk of default and protects the integrity of the market.

Flexible execution

Trade contracts electronically on the CME Globex platform or negotiate and execute block trades through CME ClearPort.

Explore this product in depth

Review contract highlights

  • Contract Unit
    27,500 board feet
  • Price Quotation
    U.S. dollars and cents per 1,000 board feet (mbf)
  • Product Code
    CME Globex: LBR
    CME ClearPort: LBR
    Clearing: LBR
  • Trading Hours
    CME Globex:
    Monday - Friday: 9:00 a.m. - 3:05 p.m. CT
    CME ClearPort:
    Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. - 6:00 p.m. CT
Last Updated16 Feb 2025 11:46:02 PM CT.
Date
Future VolumeOptions Volume

Learn more about Lumber futures and options

Watch the recordings of our five-part webinar series explaining the fundamental aspects of Lumber futures and options contracts from CME Group.

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    1. Now Playing
      Up NextLumber Futures Webinar Series Part 1: Lumber Deliveries
    2. Now Playing
      Up NextLumber Futures Webinar Series Part 2: Exchange for Related Positions (EFRP)
    3. Now Playing
      Up NextLumber Futures Webinar Series Part 3: Matching Algorithms and Their Impacts
    4. Now Playing
      Up NextLumber Futures Webinar Series Part 4: Price Limit Structure and Dynamic Circuit Breakers
    5. Now Playing
      Up NextLumber Futures Webinar Series Part 5: LBR-LBS Spread & Moving Positions

Directory of Brokers, EFP Partners, and Liquidity Providers

View a list of brokers, EFP partners, and liquidity providers you can work with to trade Lumber futures and options.

Courses

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Take self-guided courses on Lumber products.

If you're new to futures and options, the courses below can help you quickly understand the Lumber market and start trading.

2 modules
Introduction to Lumber futures and options
Launch lesson

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