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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 ...
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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]
The caution comes as Lowe's posted a mixed quarter on Wednesday before the market open. The retailer reported adjusted earnings per share of $2.28, topping above analysts expectations for $2.21.
Black spruce stand at Arctic Chalet, Inuvik, NT Spruce-pine-fir (SPF) is a classification of lumber that can be traded on commodities exchanges.. In Canada, and parts of the United States, most of the spruce tree species, pine tree species, and fir tree species share similar physical and mechanical characteristics, to the point where lumber derived from any of these species are interchangeable ...
The market logged its fourth straight day of gains on Friday, fighting its way a little deeper into record-high territory for the last three. It all feels a bit artificial, but it's not a train ...
The Weyerhaeuser Company (/ ˈ w ɛər h aʊ z ə r / WAIR-how-zər) is an American timberland company which owns nearly 12,400,000 acres (19,400 sq mi; 50,000 km 2) of timberlands in the U.S., and manages an additional 14,000,000 acres (22,000 sq mi; 57,000 km 2) of timberlands under long-term licenses in Canada. [4]
Although these numbers topped consensus estimates of just under $20 billion and $2.82 per share, both were down from year-ago comparisons of $20.5 billion and $3.06 per share.
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