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Lumber’s price drop has been particularly dramatic in just the last 90 days in the futures market, with contract prices for July falling 28% to $466 per thousand board feet (futures prices are ...
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]
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On March 4, 2021, the U.S. Department of Commerce announced the notice of initiation of its Third Administrative Review (AR3) of the softwood lumber countervailing and anti-dumping duty orders. [50] On 9 November 2021, the US implemented a double tariff on Canadian softwood, which in turn increased lumber prices in the US even further.
Finger-jointed lumber – solid dimensional lumber lengths typically are limited to lengths of 22 to 24 feet (6.7–7.3 m), but can be made longer by the technique of "finger-jointing" by using small solid pieces, usually 18 to 24 inches (460–610 mm) long, and joining them together using finger joints and glue to produce lengths that can be ...
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