Lumber Futures
Agriculture · Monthly series · CM-LBR1.CME
Latest, October 2026
521.50 USD/MBF
-3.3% from September 2026
Forecast
Forecast for October 2027: 545.50 USD/MBF, with an 80% interval of 456.25 USD/MBF to 646.80 USD/MBF.
| Period | Forecast | 80% low | 80% high |
|---|---|---|---|
| November 2026 | 540.27 USD/MBF | 489.68 USD/MBF | 602.27 USD/MBF |
| December 2026 | 540.07 USD/MBF | 481.67 USD/MBF | 610.69 USD/MBF |
| January 2027 | 545.32 USD/MBF | 477.90 USD/MBF | 622.03 USD/MBF |
| February 2027 | 545.11 USD/MBF | 474.31 USD/MBF | 625.63 USD/MBF |
| March 2027 | 547.59 USD/MBF | 472.09 USD/MBF | 632.21 USD/MBF |
| April 2027 | 543.75 USD/MBF | 465.42 USD/MBF | 631.93 USD/MBF |
| May 2027 | 547.47 USD/MBF | 467.37 USD/MBF | 636.65 USD/MBF |
| June 2027 | 545.20 USD/MBF | 462.11 USD/MBF | 638.90 USD/MBF |
| July 2027 | 547.49 USD/MBF | 460.70 USD/MBF | 644.27 USD/MBF |
| August 2027 | 542.25 USD/MBF | 455.95 USD/MBF | 641.20 USD/MBF |
| September 2027 | 545.85 USD/MBF | 458.17 USD/MBF | 645.15 USD/MBF |
| October 2027 | 545.50 USD/MBF | 456.25 USD/MBF | 646.80 USD/MBF |
AI confidence
Not evaluatedThe serving model has no matching evaluation yet.
Model: Agentic Investor TSFM (foundation model)
- Accuracy vs naive
- n/aNot evaluated
- Direction
- n/aNot evaluated
- Turning points
- n/aNot evaluated
How this assessment is made
AI confidence describes historical evidence for this forecast, not a probability of being correct. Each backtest fits on data available before its test window. The baseline carries the last value forward. Supported evidence requires at least six complete, non-overlapping tests, an error ratio below 0.90 (rounded to two decimals), and wins in a majority of tests. Ratios from 0.90 to below 1.10 are on par; 1.10 or above is weak evidence. Inconsistent wins produce mixed evidence. For a selected model, only the recent tests excluded from model selection determine this label. These are historical simulations using the available data, not a live trading track record; revisions and foundation-model pretraining can limit how closely they reproduce a past decision. Past performance can change.
Model comparison
Comparison not readyA forecast and enough history for rolling backtests are required.
Reading
It is above 32% of the 50 earlier readings since August 2022.
Recent history (24 observations)
| Period | Value |
|---|---|
| October 2026 | 521.50 USD/MBF |
| September 2026 | 539.50 USD/MBF |
| August 2026 | 569.00 USD/MBF |
| July 2026 | 614.00 USD/MBF |
| June 2026 | 617.00 USD/MBF |
| May 2026 | 587.50 USD/MBF |
| April 2026 | 571.00 USD/MBF |
| March 2026 | 608.50 USD/MBF |
| February 2026 | 558.00 USD/MBF |
| January 2026 | 594.00 USD/MBF |
| December 2025 | 538.50 USD/MBF |
| November 2025 | 544.00 USD/MBF |
| October 2025 | 539.00 USD/MBF |
| September 2025 | 613.00 USD/MBF |
| August 2025 | 548.50 USD/MBF |
| July 2025 | 692.00 USD/MBF |
| June 2025 | 628.50 USD/MBF |
| May 2025 | 592.00 USD/MBF |
| April 2025 | 557.00 USD/MBF |
| March 2025 | 668.00 USD/MBF |
| February 2025 | 635.00 USD/MBF |
| January 2025 | 592.00 USD/MBF |
| December 2024 | 550.50 USD/MBF |
| November 2024 | 589.00 USD/MBF |
Source
Data: public market data feeds.
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