Lumber Supply-Demand Balance Potentially Achieved

After a somewhat rush of demand in recent weeks, sales of most North America construction framing dimension softwood lumber items slowed slightly into mid-November. Due to ongoing restricted supply, prices continued their upward trend of the past month or so. Producers looked toward the usual seasonal Holiday downtime as they made their manufacturing plans to […] The post Lumber Supply-Demand Balance Potentially Achieved first appeared on Madison’s Lumber Reporter.

US Housing Market and Lumber Prices Update: November 2024

Single-family starts in the US dropped in October likely as Hurricanes Helene and Milton depressed activity in the South. Meanwhile, permits rose slightly, indicating that an anticipated rebound probably would be muted by higher mortgage rates. The Madison’s Lumber Prices Index for the week ending November 15, 2024 was US$495 mfbm. This is up +3%, […] The post US Housing Market and Lumber Prices Update: November 2024 first appeared on Madison’s Lumber Reporter.

Lumber Prices Continue Rising on Tight Supply

In advance of the Remembrance Day holiday in Canada, this year a Monday so an actual long weekend, it seemed a form of supply-demand balance was reached for lumber. While benchmark Western S-P-F 2×4 prices continued to climb, Southern Yellow Pine 2x4s actually dropped. It is important to note that the run-up for SYP sales, […] The post Lumber Prices Continue Rising on Tight Supply first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index Nov 15, 2024: US$495 mfbm

The Madison’s Lumber Prices Index for the week ending november 15, 2024 is: US$495 mfbM The Madison’s Lumber Prices Index for the week ending November 15, 2024 is: US$495 mfbmThis is up +3%, or +$14, from the previous week when it was US$481.This is up +11%, or +$50, from one month ago when it was […] The post Madison’s Lumber Prices Index Nov 15, 2024: US$495 mfbm first appeared on Madison’s Lumber Reporter.

Many Lumber Prices Rise Sharply at Unusual Time of Year

As November dawned, the extended habit of not stocking inventory and just-in-time buying once again caught customers short of necessary wood. The resultant strength of demand — while not massive volumes — was enough to push prices up further. Sawmills, emboldened by order files which grew from two weeks to almost five weeks, were able […] The post Many Lumber Prices Rise Sharply at Unusual Time of Year first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index Nov 8, 2024: US$481 mfbm

The Madison’s Lumber Prices Index for the week ending november 8, 2024 is: US$481 mfbM The Madison’s Lumber Prices Index for the week ending November 8, 2024 is: US$481 mfbmThis is up +4%, or +$17, from the previous week when it was US$464.This is up +10%, or +$44, from one month ago when it was […] The post Madison’s Lumber Prices Index Nov 8, 2024: US$481 mfbm first appeared on Madison’s Lumber Reporter.

Increased Demand Pops Up Lumber Prices

Ongoing restricted supply coupled with an increase in demand popped up lumber prices during a time of year when business is usually slowing down. Industry players welcomed the more regular price movement along the usual seasonal trends, following the extreme volatility of 2020 to 2022. In this new landscape of a post-Covid world, buyers and […] The post Increased Demand Pops Up Lumber Prices first appeared on Madison’s Lumber Reporter.

Madison’s “Behind the Scenes”

Ever wondered how Madison’s Lumber Reporter gathers the latest market data? Ever wondered how we gather the latest market data? Get an inside look at Madison’s team in action. Subscribe now to save 15% before the January price increase! https://madisonsreport.com/subscribe/ The post Madison’s “Behind the Scenes” first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index Nov 1, 2024: US$464 mfbm

The Madison’s Lumber Prices Index for the week ending november 1, 2024 is: US$464 mfbM The Madison’s Lumber Prices Index for the week ending November 1, 2024 is: US$464 mfbmThis is up +4%, or +$19, from the previous week when it was US$445.This is up +9%, or +$38, from one month ago when it was […] The post Madison’s Lumber Prices Index Nov 1, 2024: US$464 mfbm first appeared on Madison’s Lumber Reporter.

OSB and Plywood Prices Update: Mid-Oct 2024 (video)

REQUEST A SAMPLE: https://madisonsreport.com/products/lumber-price-dashboard/ In the week ending October 18, 2024, the price of Canadian Softwood Plywood – 3/8″ – FOB Toronto was C$660 msf. This is up +$20, or +3%, from the previous week when it was $640.That week’s price is up +$26, or +4%, from one month ago when it was $634. In […] The post OSB and Plywood Prices Update: Mid-Oct 2024 (video) first appeared on Madison’s Lumber Reporter.