Eoin Treacy's view I've been watching lumber for a number of weeks because it had been forming a probable base in a tight band between $200 and $220 and was lagging other industrial resources. It broke upwards today and I am willing to give the upside the benefit of the doubt provided the breakout is sustained. I bought a November contract at $227.05 including spread-bet dealing costs this afternoon when it briefly pulled back from its limit-up condition.

This video from the Globe and Mail on the mountain pine beetle infestation, while last updated on April 3rd 2009 is no less relevant today.