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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]
Prices for the key construction material went on a wild ride during the pandemic and after, soaring as high as $1,514 per thousand board feet in May 2021 as housing starts surged, then crashing in ...
Lumber is reported as price per 1,000 board feet, as this is the typical size used in the construction of homes and other buildings, and serves as an appropriate market gauge. As of this morning ...
Lumber prices. The Canada–U.S. softwood lumber dispute is one of the largest and most enduring trade disputes between both nations. [1] This conflict arose in 1982 and its effects are still seen today. British Columbia, the major Canadian exporter of softwood lumber to the United States, was most affected, reporting losses of 9,494 direct and ...
The Michigan lumber market experienced a crash in July 1877 [66] [67] that coincided with the Great Railroad Strike of 1877. By 1880 the Great Lakes region would dominate logging, with Michigan producing more lumber than any other state. [68] The commercial fishing industry also flourished in the 1880s.