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People are stealing lumber from contractors and lumber yards as prices soar


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Lumber prices are so high they’ve created an entire black market.

US lumber prices are currently more than double last year’s, after they hit a record high last month. Jim Yarbough, a supply-chain expert from British Standards Institution, told Bloomberg the soaring prices have created a massive opportunity for an underground lumber market, as reports come out of lumber heists at construction sites, lumber yards, as well as logging trucks.

“The value on the black market of commodities changes just like they do above the board,” he told the publication. “That’s going to drive criminal details ⇒

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