Expert Insights
Quick Insights on Industry Trends
Cumming Group knows how important it is to stay on top of important industry trends and developments. Through the Expert Insights Blog we can help you do just that. In short, accessible, and regularly updated posts, our own expert team members share their insights and knowledge on a variety of topics — all with the goal of keeping you on the cutting edge and providing actionable insights that will help you take your projects to the next level.
Lumber Price Updates
As of early June, the first nearby expiration for Western Spruce-Pine-Fir on the Chicago Mercantile Exchange (delivery in mid-July) is showing some clear choppiness in the softwood price. While it has had a downward trajectory since mid-May, there has been high volatility as well.
Concrete Price Updates
This year, the prices for cement are expected to increase by 3.2%, partially making up for the weak price growth of 2020. Producers have noted increases so far this year in various regions and hope to gain further traction after the COVID-19 pandemic stymied price increases last year.