By Research Editor Brandon Sawyer
Western softwood mills sawed 11.1 billion board feet of lumber in 2010, 27.9% more than 2009. July year-to-date they have produced 6.5% more lumber than last year. Random Lengths’ composite price index of framing lumber bounced back 27.9% in 2010 to $284 per thousand board feet, the same level as 2007, before the collapse of the housing market. Through August 2011, though, the index has dropped 5.3% from last year.