Ticker Symbol: LB

Trading Unit: 160,000 Board Feet

Price Quote: $ per MBF (Thousand Board Feet)

Description: Nominal 2 x 4s of random lengths from 9 to 20 ft.; kiln dried (moisture content of each piece shall not exceed 19%) and double end trimmed; Surfaced four sides and eased edges and of minimum dressed dimensions.

Grade: CONSTRUCTION AND STANDARD; STANDARD AND BETTER or #1 and #2. #2 may not exceed 50% of the delivery unit.

Species: Alpine Fir, Engleman Spruce, Hem-Fir, Lodgepole Pine and/or Spruce Pine-Fir

Origin: Manufactured in California, Idaho, Montana, Nevada, Oregon, Washington, Wyoming in the United States and Provinces of British Columbia and Alberta in Canada.

Min Price Fluct: $.10 per MBF ($1.60/pt. = $16.00/tick)

Daily Price Limit: $10.00 per MBF ($1,600 per contract); $15.00 per MBF ($2,400 per contract) after 2 Successive limit bid or limit offer closes in the lead (non-spot) month contract. limits revert to $10.00 if the lead month does not close limit bid or limit offer. (No limit in spot month)

Contract Months: Jan, Mar, May, Jul, Sep, Nov

Trading Hours: 9:00 a.m. 1:05 p.m. (Chicago Time)
First day: 9:00 pm-12:05 p.m.

Last Day of Trading: Business day immediately preceding the 16th calendar day of the contract month