Western Spruce News Today : Breaking News, Live Updates & Top Stories | Vimarsana

That isn’t always guaranteed either. A combination of a boom in U.S. housing construction with a COVID-19-inspired explosion in home renovations that lumber producers still haven’t caught up with have pushed lumber prices to stratospheric highs, said Keta Kosman, publisher of the industry journal Madison’s Lumber Reporter. Madison’s last week quoted a price of $1,330 US for 1,000 board feet of Western Spruce, pine or fir two-by-fours, a standard measure in the industry, which would have cost $336 US a year ago. “For the past 15 years or whatever, lumber has not been sexy and now,...

Long a boring commodity, B.C. lumber prices soar to stratospheric highs Prices have more than tripled in the last year, hitting US$1,330 per 1,000 board feet Author of the article: Derrick Penner Publishing date: May 10, 2021  •  1 day ago  •  3 minute read  •  The combination of a boom in U.S. housing construction with a COVID-19-inspired explosion in home renovations that lumber producers still haven't caught up with have pushed lumber prices to stratospheric highs, said Keta Kosman, publisher of the industry journal Madison's Lumber Reporter. Photo by ian lindsay /Vanc...