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Spot lumber prices have plummeted 75% from their May 2021 record high of $1,514 per thousand board feet to just $366 this week, roughly matching pre-pandemic levels, according to Random Lengths ...
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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A common 50 by 100 mm (2-by-4-inch) board. Dimensional lumber is lumber that is cut to standardized width and depth, often specified in millimetres or inches (but see below for information on nominal dimensions vs. actual dimensions). Carpenters extensively use dimensional lumber in framing wooden buildings.
Black spruce stand at Arctic Chalet, Inuvik, NT Spruce-pine-fir (SPF) is a classification of lumber that can be traded on commodities exchanges.. In Canada, and parts of the United States, most of the spruce tree species, pine tree species, and fir tree species share similar physical and mechanical characteristics, to the point where lumber derived from any of these species are interchangeable ...
In the United States, planks can be any length and are generally a minimum of 2×8 (1 + 1 ⁄ 2 in × 7 + 1 ⁄ 4 in or 38 mm × 184 mm), but planks that are 2×10 (1 + 1 ⁄ 2 in × 9 + 1 ⁄ 4 in or 38 mm × 235 mm) and 2×12 (1 + 1 ⁄ 2 in × 11 + 1 ⁄ 4 in or 38 mm × 286 mm) are more commonly stocked by lumber retailers.