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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 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]
An example of planed lumber is softwood "two by four" lumber sold by large lumber retailers, nominally 2 by 4 inches (50 mm × 100 mm). The 2 × 4 is actually only 1 + 1 ⁄ 2 in × 3 + 1 ⁄ 2 in (38 mm × 89 mm), but the dimensions for the lumber when purchased wholesale could still be represented as full 2 × 4 lumber, although the "standard ...
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In fact, on Tuesday, lumber prices rose ~6% in the commodity markets amid increased demand. It brings up a situation in which investors can make gains on lumber stocks, and Wall Street’s ...
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 ...