Month: March 2023

255 posts

Reduced Manufacturing Volumes Push Lumber Prices Up

Despite somewhat soft demand, as many customers weren’t sure where prices were going so waited to buy, lumber prices popped up again in mid-February. This due mostly to ongoing capacity restrictions, especially in the important timber supply basket of British Columbia. As the spring building season fast approaches, end-users will not be able to wait […] The post Reduced Manufacturing Volumes Push Lumber Prices Up first appeared on Madison’s Lumber Reporter.

Lumber Prices and Market Update: Feb 2023

In the week ending February 10, 2023, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$476 mfbm, which is up by +$16 or +3%, from the previous week when it was US$360 mfbm, said weekly forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by +$104, […] The post Lumber Prices and Market Update: Feb 2023 first appeared on Madison’s Lumber Reporter.

More Lumber Price Increases on Tightened Supply

The sawmill curtailments of recent months, especially those ongoing in the western part of North America, served to bring lumber prices up slightly. At this point, levels are still somewhat below cost-of-production in the important supply basket of British Columbia — which has been roughly estimated at approximately US$500 mfbm. The strategy of reducing production, […] The post More Lumber Price Increases on Tightened Supply first appeared on Madison’s Lumber Reporter.

Sawmill Curtailments Bring Increasing Lumber Prices

Since October 2022, quite a few sawmill operators have taken downtime and curtailments. This is normal for the time of year, as usually lumber demand slows in winter and regular maintenance needs to take place, as well as employee vacation time. Over the past few months there has been perhaps a bit more than the […] The post Sawmill Curtailments Bring Increasing Lumber Prices first appeared on Madison’s Lumber Reporter.

Saskatchewan Indigenous Apprenticeship Initiatives to receive funding boost

Saskatchewan Indigenous Apprenticeship Initiatives to receive funding boostJennifer Ellson Additional $500,000 Available…

Ontario helping more students enter skilled trades faster

Ontario helping more students enter skilled trades fasterJennifer Ellson Grade 11 students…

Alberta provides $10.7M to support women in skilled trades

Alberta provides $10.7M to support women in skilled tradesJennifer Ellson Alberta is…

N.S. forestry funding helps with Fiona damage, silviculture

N.S. forestry funding helps with Fiona damage, silvicultureJennifer Ellson More support is…

Plywood and OSB Prices: March 2023

REQUEST A SAMPLE of madison’s lumber reporter weekly data: https://madisonsreport.com/subscribe/ Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 3, 2023, the price of Canadian Softwood Plywood – 3/8 – FOB Toronto was C$678 msf, which is flat from the previous week, said weekly forest […] The post Plywood and OSB Prices: March 2023 first appeared on Madison’s Lumber Reporter.

OptiSaw Quebec is happening this week!

OptiSaw Quebec is happening this week!Jennifer Ellson The countdown is on for…