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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 [1]. It equals the volume of a board that is one foot (30.5 cm) in length, one foot in width, and one inch (2.54 cm) in thickness, or exactly 2.359 737 216 liters .
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. To ...
110,000 nominal board feet LBS Hardwood Pulp [4] Chicago Mercantile Exchange: 20 metric tonnes HWP Softwood Pulp [4] Chicago Mercantile Exchange: 20 metric tonnes WP ...
The Act of 1704 encouraged the import of naval stores form New England, offering £4 per ton of tar or pitch, £3 per ton of resin of turpentine, and £1 per ton of masts and bowsprits (40 cubic feet). The Act of 1705 forbade the cutting of unfenced or small pitch pine and tar trees with a diameter less than twelve inches.
Timber is the main one, with prices that range from a few hundred dollars per thousand board feet (MBF) to several thousand dollars for a veneer log. Others include grazing and fodder, specialty crops such as mushrooms or berries, usage fees for recreation or hunting, and biomass for bioenergy production.
The hoppus cubic foot (or ‘hoppus cube’ or ‘h cu ft’) was the standard volume measurement used for timber in the British Empire and countries in the British sphere of influence before the introduction of metric units. It is still used in the hardwood trade in some countries.
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