Price per MBF Formula:
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Price per MBF (thousand board feet) is a standard unit for pricing lumber that allows comparison of log values regardless of volume. It's calculated by dividing the total price by the volume in board feet divided by 1000.
The calculator uses the following equation:
Where:
Explanation: This calculation standardizes the price to a per-thousand-board-feet basis, making it easier to compare values of different log volumes.
Details: Calculating price per MBF is essential for log buyers and sellers to evaluate fair market value, compare different log sales, and make informed purchasing decisions in the timber industry.
Tips: Enter the total price paid for the logs in dollars and the total volume in board feet. Both values must be positive numbers.
Q1: What is considered a good price per MBF?
A: Prices vary by species, quality, and market conditions. Check current timber price reports for your region.
Q2: How is board footage calculated?
A: Board feet is typically calculated using log scaling methods like Doyle, Scribner, or International rules based on log diameter and length.
Q3: Why use MBF instead of per-log pricing?
A: MBF pricing accounts for volume differences, allowing fair comparison between large and small logs or varying quantities.
Q4: Does this calculator work for any wood species?
A: Yes, but remember that different species command different price ranges per MBF.
Q5: How often do MBF prices change?
A: Timber prices fluctuate with market demand, seasonality, and economic conditions, sometimes changing weekly.