Spruce-pine-fir (SPF) is a classification of
lumber
Lumber is wood that has been processed into dimensional lumber, including beams and planks or boards, a stage in the process of wood production. Lumber is mainly used for construction framing, as well as finishing (floors, wall panels, wi ...
that can be
traded
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market.
An early form of trade, barter, saw the direct excha ...
on
commodities exchanges
A commodities exchange is an exchange, or market, where various commodities are traded. Most commodity markets around the world trade in agricultural products and other raw materials (like wheat, barley, sugar, maize, cotton, cocoa, coffee, ...
.
In
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
, and parts of the
United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...
, most of the
spruce tree species,
pine tree species, and
fir tree species share similar physical and mechanical characteristics, to the point where lumber derived from any of these species are interchangeable for construction purposes. Therefore, it makes sense to harvest and process them together, and sell them as one product.
On some exchanges, there are different prices for Eastern and Western SPF varieties, and the price of Eastern SPF is generally higher than the price of Western SPF. When both types are sold together, the term Composite SPF is used. There is also utility-grade SPF, which is the lowest and cheapest grade.
Western SPF species generally grow faster and larger, but Eastern SPF species are generally stronger.
Western SPF
Western SPF comes from the Canadian provinces of
British Columbia
British Columbia (commonly abbreviated as BC) is the westernmost province of Canada, situated between the Pacific Ocean and the Rocky Mountains. It has a diverse geography, with rugged landscapes that include rocky coastlines, sandy beaches, ...
and
Alberta
Alberta ( ) is one of the thirteen provinces and territories of Canada. It is part of Western Canada and is one of the three prairie provinces. Alberta is bordered by British Columbia to the west, Saskatchewan to the east, the Northwest Ter ...
, and the US states of
California
California is a state in the Western United States, located along the Pacific Coast. With nearly 39.2million residents across a total area of approximately , it is the most populous U.S. state and the 3rd largest by area. It is also the m ...
,
Idaho
Idaho ( ) is a state in the Pacific Northwest region of the Western United States. To the north, it shares a small portion of the Canada–United States border with the province of British Columbia. It borders the states of Montana and Wyomi ...
,
Montana
Montana () is a state in the Mountain West division of the Western United States. It is bordered by Idaho to the west, North Dakota and South Dakota to the east, Wyoming to the south, and the Canadian provinces of Alberta, British Columb ...
,
Nevada
Nevada ( ; ) is a state in the Western region of the United States. It is bordered by Oregon to the northwest, Idaho to the northeast, California to the west, Arizona to the southeast, and Utah to the east. Nevada is the 7th-most extensive, ...
,
Oregon
Oregon () is a state in the Pacific Northwest region of the Western United States. The Columbia River delineates much of Oregon's northern boundary with Washington, while the Snake River delineates much of its eastern boundary with Idaho. T ...
,
Washington
Washington commonly refers to:
* Washington (state), United States
* Washington, D.C., the capital of the United States
** A metonym for the federal government of the United States
** Washington metropolitan area, the metropolitan area centered o ...
, and
Wyoming
Wyoming () is a state in the Mountain West subregion of the Western United States. It is bordered by Montana to the north and northwest, South Dakota and Nebraska to the east, Idaho to the west, Utah to the southwest, and Colorado to the s ...
.
It consists of the following species:
* White spruce (''
Picea glauca
''Picea glauca'', the white spruce, is a species of spruce native to the northern temperate and boreal forests in North America. ''Picea glauca'' is native from central Alaska all through the east, across southern/central Canada to the Avalon Pe ...
'')
* Engelmann spruce (''
Picea engelmannii
''Picea engelmannii'', with the common names Engelmann spruce, white spruce, mountain spruce, and silver spruce, is a species of spruce native to western North America. It is mostly a high-altitude mountain tree but also appears in watered cany ...
'')
* Lodgepole pine (''
Pinus contorta
''Pinus contorta'', with the common names lodgepole pine and shore pine, and also known as twisted pine, and contorta pine, is a common tree in western North America. It is common near the ocean shore and in dry montane forests to the subalpine ...
'')
* Alpine fir (''
Abies lasiocarpa
''Abies lasiocarpa'', the subalpine fir or Rocky Mountain fir, is a western North American fir tree.
Description
''Abies lasiocarpa'' is a medium-sized evergreen conifer with a very narrow conic crown, growing to tall, exceptionally , with a t ...
'')
Random-length lumber
futures
Futures may mean:
Finance
*Futures contract, a tradable financial derivatives contract
*Futures exchange, a financial market where futures contracts are traded
* ''Futures'' (magazine), an American finance magazine
Music
* ''Futures'' (album), a ...
and
options are traded on the
Chicago Mercantile Exchange, and western SPF is the type of lumber specified in the trading specs.
The term ''random length'' is used because even though all the boards are 2x4s, the lengths can be between {{convert, 8, and, 20, ft, order=flip.
Eastern SPF
Eastern SPF comes from the Canadian provinces of
Saskatchewan
Saskatchewan ( ; ) is a province in western Canada, bordered on the west by Alberta, on the north by the Northwest Territories, on the east by Manitoba, to the northeast by Nunavut, and on the south by the U.S. states of Montana and North Dak ...
,
Manitoba
, image_map = Manitoba in Canada 2.svg
, map_alt = Map showing Manitoba's location in the centre of Southern Canada
, Label_map = yes
, coordinates =
, capital = Winn ...
,
Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central C ...
,
Quebec
Quebec ( ; )According to the Canadian government, ''Québec'' (with the acute accent) is the official name in Canadian French and ''Quebec'' (without the accent) is the province's official name in Canadian English is one of the thirtee ...
,
New Brunswick
New Brunswick (french: Nouveau-Brunswick, , locally ) is one of the thirteen provinces and territories of Canada. It is one of the three Maritime provinces and one of the four Atlantic provinces. It is the only province with both English and ...
,
Nova Scotia
Nova Scotia ( ; ; ) is one of the thirteen provinces and territories of Canada. It is one of the three Maritime provinces and one of the four Atlantic provinces. Nova Scotia is Latin for "New Scotland".
Most of the population are native Eng ...
, and
Newfoundland and Labrador
Newfoundland and Labrador (; french: Terre-Neuve-et-Labrador; frequently abbreviated as NL) is the easternmost provinces and territories of Canada, province of Canada, in the country's Atlantic Canada, Atlantic region. The province comprises t ...
.
It consists of the following species:
* Black spruce ''(
Picea mariana
''Picea mariana'', the black spruce, is a North American species of spruce tree in the pine family. It is widespread across Canada, found in all 10 provinces and all 3 territories. It is the official tree of the province of Newfoundland and Labr ...
'')
* Red spruce (''
Picea rubens
''Picea rubens'', commonly known as red spruce, is a species of spruce native to eastern North America, ranging from eastern Quebec and Nova Scotia, west to the Adirondack Mountains and south through New England along the Appalachians to western ...
'')
* White spruce (''
Picea glauca
''Picea glauca'', the white spruce, is a species of spruce native to the northern temperate and boreal forests in North America. ''Picea glauca'' is native from central Alaska all through the east, across southern/central Canada to the Avalon Pe ...
'')
* Jack pine (''
Pinus banksiana
Jack pine (''Pinus banksiana'') is an eastern North American pine. Its native range in Canada is east of the Rocky Mountains from the Mackenzie River in the Northwest Territories to Cape Breton Island in Nova Scotia, and the north-central and ...
'')
* Balsam fir (''
Abies balsamea
''Abies balsamea'' or balsam fir is a North American fir, native to most of eastern and central Canada ( Newfoundland west to central Alberta) and the northeastern United States (Minnesota east to Maine, and south in the Appalachian Mountains to ...
'')
References
Wood
Forestry in Canada
Commodities