US lumber futures continued to fall over the past few months as weakening housing markets in major economies amid rising interest rates pressured raw material prices. …The November random length lumber contract traded on the Chicago Mercantile Exchange (CME) settled at $451.10 per thousand board feet (bft) on 8 November, up 0.2% from the previous month and a fall of 27.5% year-on-year. …Analysts were mixed about the outlook for lumber futures in the next one to five years. …Trading Economics, as of 9 November, expected lumber futures to trade at $434.02/bft by the end of the fourth quarter, falling to $367.45 in the next 12 months. In contrast, Wallet Investor, as of 9 November, predicted the average lumber prices to rise to $577.511 in the next 12 months and double to $1,122.83 in five years’ time.