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The board foot or board-foot is a unit of measurement for the volume of lumber in the United States and Canada [1]. It equals the volume of a board that is one foot (30.5 cm) in length, one foot in width, and one inch (2.54 cm) in thickness, or exactly 2.359 737 216 liters .
The twin-peaked lumber bubble of 2021 and 2022 that once drove home building costs through the roof and ... per thousand board feet (futures prices are around $100 above spot prices due to a ...
And, sure enough, there is: the price of lumber is going through the roof, up some 65% in just the past year. "Prices are How to avoid skyrocketing lumber costs for building and renovating
Lumber prices. Presently there is a healthy lumber economy in the United States, directly employing about 500,000 people in three industries: Logging, Sawmill, and Panel. [62] Annual production in the U.S. is more than 30 billion board feet making the U.S. the largest producer and consumer of lumber. [62]
Random-length lumber futures and options are traded on the Chicago Mercantile Exchange, and western SPF is the type of lumber specified in the trading specs. [3] The term random length is used because even though all the boards are 2x4s, the lengths can be between 2.4 and 6.1 metres (8 and 20 ft).
In 1996, the United States and Canada reached a five-year trade agreement, The Softwood Lumber Agreement, officially ending Lumber III. Under its terms, Canadian lumber exports to the United States were limited to 14.7 billion board feet (34.7 million cubic meters) per year. However, when the agreement expired on April 2, 2001, the two ...
In the narrow sense of the terms, wood, forest, forestry and timber/lumber industry appear to point to different sectors, in the industrialized, internationalized world, there is a tendency toward huge integrated businesses that cover the complete spectrum from silviculture and forestry in private primary or secondary forests or plantations via the logging process up to wood processing and ...
A cord of wood. The cord is a unit of measure of dry volume used to measure firewood and pulpwood in the United States and Canada.. A cord is the amount of wood that, when "racked and well stowed" (arranged so pieces are aligned, parallel, touching, and compact), occupies a volume of 128 cubic feet (3.62 m 3). [1]