Sanderson, CEO and managing partner of a firm that specializes in timberland investment, said lumber's price will hover above $1,000 per thousand board feet through the second quarter of the year.
The price of Western SPF two-by-four lumber — an industry benchmark — shot up from under $400 per thousand board feet in January 2020 to over $1,600 in May 2021. But what comes up often comes ...