Across the country, itâs little to no surprise lumber prices have seen an uptick since early April.
Lumber prices per 1,000 board feet have seen an almost 94% increase in the year to date. This is one of the highest increases in a commodity this year. Prices have surged above $700 per 1,000 board feet as of Thursday according to recent Trading Economics charts. In August, price per 1,000 board feet reached almost $1,000 as COVID shutdowns had been sending mill workers home. Companies in the St. Joseph area have had to keep up with the demand.
âYeah, I mean itâs been difficult to keep up with the pricing. Itâs been difficult at times to find materials due to plant shutdowns, certain items not all,â said Scott Laderoute, owner of Sprint Lumber Inc located at 6024 US Highway169.