21–30 of 156 posts
The chart in the article does a nice job at illustrating that prices are roughly speaking back to essentially pre-pandemic levels after giant spikes. This seems healthy to me.
I love the tradingeconomics site for tracking commodities prices. Indeed, lumber is at pre-pandemic prices from 5 years ago https://tradingeconomics.com/commodity/lumber
Supposedly, wholesale chicken wings are lower than pre-pandemic prices. https://www.nbcnews.com/business/consumer/chicken-wing-price... I've yet to find a restaurant, however, where menu prices for wings aren't at least 20% higher than 2019 or so -- often much higher. Similarly, I have a hard time believing that lower lumber prices will reduce new construction costs.
Earlier quoted context omitted.
metric system is so much easier: m³
I don’t think you can have a 1m^3 of wood. Life is not Minecraft.
Earlier quoted context omitted.
I love the tradingeconomics site for tracking commodities prices. Indeed, lumber is at pre-pandemic prices from 5 years ago https://tradingeconomics.com/commodity/lumber
Cripes what is going on with orange juice.. there’s some seasonal patterns in the last 25 years, but the last year has just kept climbing.
Supposedly, wholesale chicken wings are lower than pre-pandemic prices. https://www.nbcnews.com/business/consumer/chicken-wing-price... I've yet to find a restaurant, however, where menu prices for wings aren't at least 20% higher than 2019 or so -- often much higher. Similarly, I have a hard time believing that lower lumber prices will reduce new construction costs.
Retail prices are generally pretty sticky - if the wholesale price persists, they'll come down, but it'll take time.
Maybe I'm too price-conscious, but I'd expect demand to go down over time as the rising interest rates affect daily life.
Earlier quoted context omitted.
I love the tradingeconomics site for tracking commodities prices. Indeed, lumber is at pre-pandemic prices from 5 years ago https://tradingeconomics.com/commodity/lumber
Cripes what is going on with orange juice.. there’s some seasonal patterns in the last 25 years, but the last year has just kept climbing.
Things like plywood (for furniture) didn't come down in price yet to pre-pandemic levels; hoping they catch up soon. You used to be able to get 3/4 maple 4x8 for ~$50, now it's $85 at Home Depot and over $100 from the local lumberyard.
Earlier quoted context omitted.
metric system is so much easier: m³
I don’t think you can have a 1m^3 of wood. Life is not Minecraft.
A board foot is a measure of volume - with an implicit third dimension.
So you could just use the SI unit for volume.
A board foot ~= 2.4 litres.
This seems a bit silly though, as timber is not fungible in the way you'd expect a volume of something to be.
As noted by sibling comments, you very much can buy timber in cubic metres - a convenience for costing / transport - but you're not going to buy timber without knowing dimensions of the individual lengths.
For the unfamiliar, a "board foot" is a unit of lumber volume representing a square foot of board with 1 inch thickness. So an 8' long board 12" wide and 1" thick is 8 board feet. Or half as wide and twice as thick (6" x 2") in the same length is also 8 board feet. You get the idea.