Lumber Pricing Trends

view the latest video of Madison’s Lumber Reporter softwood lumber prices and market update, toward the end of April 2023: Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending April 21, 2023, the price of Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$360 mfbm, which is […] The post Softwood Lumber Market Update: Late April 2023 first appeared on Madison’s Lumber Reporter.

As macroeconomic conditions stabilize, particularly mortgage lending rates, the latest US housing starts and new home sales data, for March 2023, demonstrates a reversal of the dropping demand last year. Spring is a historically popular time for new home building and for home sales, and as good weather finally comes on across the continent, builders […] The post US Housing Market March & Softwood Lumber Prices April: 2023 first appeared on Madison’s Lumber Reporter.

Following the Easter long weekend, demand for lumber increased somewhat however supply remained abundant. Sales to retailers increased noticeably, as weather across the continent became more seasonably mild. A reminder to all that Madison’s Lumber Reporter has been tracking Canadian Plywood and OSB (oriented strand board) prices since the beginning. This is of course in […] The post Abundant Supply Keeps Lumber Prices Moderated first appeared on Madison’s Lumber Reporter.