Scott Laderoute News Today

Although lumber prices have dropped noticeably since the COVID-19 pandemic, local builders and consumers are still cautious about building new homes in St. Joseph.

Across the country, it’s little to no surprise lumber prices have seen an uptick since early April. Lumber prices per 1,000 board feet have seen an almost 94% increase in the year to date. This is one of the highest increases in a commodity this year. Prices have surged above $700 per 1,000 board feet as of Thursday according to recent Trading Economics charts. In August, price per 1,000 board feet reached almost $1,000 as COVID shutdowns had been sending mill workers home. Companies in th...