Lumber prices down 11% YoY

Post by BoiledCabbage » Wed, Oct 04, 2023, 12:08 AM UTC

singleshot_ wrote: post #30

wlesieutre wrote: post #4

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.

When you say one inch wide, do you mean one of the twelve things in a foot, or one of the two things in the width of a 2x4?

Post by artursapek » Wed, Oct 04, 2023, 12:28 AM UTC

tpmx wrote: post #5

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.

Post by bigmattystyles » Wed, Oct 04, 2023, 12:30 AM UTC

mcculley wrote: post #27

greggsy wrote: post #21

Earlier quoted context omitted.

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.

Here in Florida, citrus greening has devastated the groves.

Post by osigurdson » Wed, Oct 04, 2023, 12:34 AM UTC

olyjohn wrote: post #56

jpitz wrote: post #35

Earlier quoted context omitted.

Metric makes the math easier, but it is much easier for me to relate to 40 board-feet of lumber than to 0.0944 cubic-meters.

Just like temperature. F is easier for me to relate to. 0 is very cold. 100 is very hot. We like it pretty warm, so 70-72 is great. Also F has a much finer scale for adjustments. I don't have to set my thermostat to 22.5 degrees to be comfortable. I don't really care about the boiling point or freezing point of water in my day to day life.

Post by bdcravens » Wed, Oct 04, 2023, 12:35 AM UTC

rgmerk wrote: post #64

adamc wrote: post #58

Earlier quoted context omitted.

Not doubting you, but why?

A few factors - labour markets are very tight generally, new housing construction has increased, WFH and hybrid has increased the demand for renovating existing housing to make space for home offices (and improve the amenity of housing more generally).