For years, ash has been the doormat of hardwoods, obtaining minimal respect and demanding nominal pricing. And to add insult to injury, the Emerald ash borer came along and is in the process of potentially wiping out the species.
In the last decade, Woodshop News has referred to ash as the Rodney Dangerfield of woods because it "got no respect," and as "being in the trash." So, just when things looked the bleakest, there has been a resurgence of the species in the last year or two. Wood dealers can't exactly explain why the ash market has turned around, but with prices eclipsing $3/bf, they're not complaining. One theory is that there has been a sizeable increase in the export market of most grades of the species.