Go here for lumber prices: http://online.wsj.com/mdc/public/page/2_3028.html?category=Other&subcategory=Lumber&mod=mdc_cmd_pglnk Jan 11 closed down at 255.2. Lumber won't make much headway until there's a sustained turnaround in the housing market. Longer term contracts are trading a lot higher, and that could indicate some optimistic sentiment creeping into the markets. Personally, I think it's premature. Open interest is still very small in the out months. I think there's an old saying, "What will be will be."