It stands for spruce, pine and fir, and it’s the benchmark for lumber pricing in the United States. Back in 2021, with demand soaring and supply chains a mess, the price peaked at $1,600 per ...

U.S. builders already pay a premium for the spruce, pine and fir lumber that B.C. produces and could soon face additional tariffs after President Donald Trump’s proclamation that America doesn ...

Generally, softwood is used as construction lumber. All of your everyday 2x4s, 2x6s, 4x4s, and so on, are made of softwood lumbers like spruce or pine. Hardwood is used in a variety of other ways ...

Lumber analysts say the U.S. has relied for decades on high-quality spruce pine from Canada, particularly British Columbia, and big changes won’t happen overnight. SEE ALSO: U.S. construction ...

Lumber futures were up 4.6% week-over-week, or 11% year-over-year. That was also up 5.6% month-over-month. Most of the price growth in 2024 was in the 2x10 market. Western spruce, pine ...

Lumber producers have migrated from Canada to the U.S. South. Now lumber-futures trading is heading to the Southern pineries ...

The company experienced mixed results across its segments. There was strong demand for Spruce-Pine-Fir (SPF) lumber and solid performance in the North American Engineered Wood Products segment.

Traders have been gearing up for a 25% import tax on Canadian lumber, which fulfills about one-fourth of U.S. demand. On-the-spot prices for the spruce, pine and fir boards that homes are built ...

Requarth Lumber also sold 1,000 board-feet of spruce to Orville Wright, which was milled in Dayton, then shipped to his brother Wilbur for their plane’s 1908 demonstration flights in LeMans ...