The softwood lumber trade dispute between the U.S. and Canada has sent prices significantly higher in the first seven months of 2017. The Random Lengths Composite Price—a weighted-average measure consisting of multiple species and dimensions of softwood lumber products—increased 14% over just three weeks in February. Certain framing lumber—such as spruce-pine-fir (S-P-F) studs—remains 40% more expensive than it was seven months ago.

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