Lumber Pricing Trends

True housing construction activity finally got going across the North American continent as the month of June closed. Many builders found themselves short of the lumber supply they would need for existing projects. While no one was yet building inventory, the availability of wood remained quite tight due to ongoing sawmill curtailments and lessened production […] The post Increased Housing Construction Activity Brings Higher Lumber Prices first appeared on Madison’s Lumber Reporter.

As June reached its latter weeks, a stellar new housing construction report, for May, and continued very low lumber inventory levels served to pop up demand for wood. Prices on many lumber items rebounded somewhat, with specialty commodities like studs leading the charge. Customers were caught flat-footed by diminishing supply as actual building activity got […] The post Mid 2023 North America Softwood Lumber Market Update first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending July 21, 2023 is: US$498 mfbm The Madison’s Lumber Prices Index for the week ending July 21, 2023 is: US$498 mfbmThis is up by +0.8%, or +$4, from the previous week when it was US$494. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index: July 21, 2023 first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending July 14, 2023 is: US$494 mfbm The Madison’s Lumber Prices Index for the week ending July 14, 2023 is: US$494 mfbmThis is up by +1.6%, or +$8, from the previous week when it was US$486. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index: July 14, 2023 first appeared on Madison’s Lumber Reporter.

True housing construction activity finally got going across the North American continent as the month of June closed. Many builders found themselves short of the lumber supply they would need for existing projects. While no one was yet building inventory, the availability of wood remained quite tight due to ongoing sawmill curtailments and lessened production […] The post Increased Housing Construction Activity Brings Higher Lumber Prices first appeared on Madison’s Lumber Reporter.