The Atlanta Journal-Constitution
By Avery Newmark, Access Atlanta
June 16, 2021
After a year that saw record-high lumber prices and shortages nationwide, the price for lumber finally began to drop last week.
Lumber prices soar, but Georgia tree farmers not seeing the profits.
Lumber futures posted their biggest drop Tuesday at $1,009.90 per thousand board feet, down 41% from the record of $1,711.20 in May, The Wall Street Journal reported. Before the COVID-19 pandemic, it traded in the range of $300 to $500 per thousand board feet.