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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. It equals the volume of a board that is one foot (30.5 cm) in length, one foot (30.5 cm) in width, and one inch (2.54 cm) in thickness, or exactly 2.359 737 216 liters. Board foot can be abbreviated as FBM (for "foot, board measure ...
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 ...
Stumpage is the price a private firm pays for the right to harvest timber from a given land base. It is paid to the current owner of the land. Historically, the price was determined on a basis of the number of trees harvested, or "per stump". Currently it is dictated by more standard measurements such as cubic metres, board feet, or tons.
Lumber is the most common and widely used method of sawing logs. Plain sawn lumber is produced by making the first cut on a tangent to the circumference of the log. Each additional cut is then made parallel to the one before. This method produces the widest possible boards with the least amount of log waste.
Lumber hit an all-time high of $1,686 per thousand board feet this month, surging by 406 percent from the $333 it was trading at the same time last year. A lumber price surge threatens to crush ...
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]