B.C. lumber prices tumble from unprecedented heights From a dizzying peak of $1,611 US per thousand board feet, commodity lumber prices tumble to a still-high $760 US Author of the article: Derrick Penner Publishing date: Jul 15, 2021 • 4 hours ago • 4 minute read • A dramatic drop in commodity lumber prices hasn't yet worked its way down to contractors like Chad Sayers, but they are still getting some relief in that suppliers are now willing to quote firm prices and he doesn't have to worry about them jumping higher. Photo by Francis Georgian /PNG Article content The squeeze of soaring lumber prices looks like it will be easing for contractors such as Langley’s Chad Sayers, although the fall in commodity prices from stratospheric heights hasn’t flowed through to them just yet.