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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 ...
Laminated veneer lumber (LVL) is an engineered wood product that uses multiple layers of thin wood assembled with adhesives. It is typically used for headers , beams , rimboard , and edge-forming material.
Finished lumber is supplied in standard sizes, mostly for the construction industry – primarily softwood, from coniferous species, including pine, fir and spruce (collectively spruce-pine-fir), cedar, and hemlock, but also some hardwood, for high-grade flooring. It is more commonly made from softwood than hardwoods, and 80% of lumber comes ...
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]
The Weyerhaeuser Company (/ ˈ w ɛər h aʊ z ə r / WAIR-how-zər) is an American timberland company which owns nearly 12,400,000 acres (19,400 sq mi; 50,000 km 2) of timberlands in the U.S., and manages an additional 14,000,000 acres (22,000 sq mi; 57,000 km 2) of timberlands under long-term licenses in Canada. [5]