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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 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 ...
Jul. 4—After climbing to record highs, lumber prices are finally starting to fall. The long-awaited break in the wood products market already is creating ripple effects in the Flathead Valley's ...
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]
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 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 ...