Lumber Today: Price per Thousand Board Feet (MBF)
Indexed estimate: $380.60 per Thousand Board Feet (MBF). Sourced from CME Lumber Futures (Ticker: LBP=F). Last updated: 2026-07-01.
Estimate Lumber Material Cost
Estimated Lumber Cost
$380.60
Calculated as: 1000 BF × ($380.60 per 1000 BF).
Understanding CME Lumber Futures & Retail Rates
Lumber futures track bulk wholesale wood trading (typically 110,000 board feet of 2x4s per contract). Local retail yard lumber prices (per piece at home improvement centers) are generally 20% to 50% higher than the wholesale index to cover sorting, freight distribution, and storage overhead.
This pricing index provides structural carpenters and framing estimators with a clear picture of directional price shifts in bulk lumber markets.