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Madison’s Lumber Prices Index: A Powerful Tool for Data-Driven Decision Making (video)

view the video of Madison’s Lumber Reporter explaining the brand *new* Madison’s Lumber Prices Index: Madison’s Lumber Prices Index can signal upcoming changes and broad trends in the economy, which has tremendous value when examined across a period of time. Madison’s Lumber Reporter specializes in providing comprehensive insights to drive informed decision-making. With a team […] The post Madison’s Lumber Prices Index: A Powerful Tool for Data-Driven Decision Making (video) first appeared on Madison’s Lumber Reporter.

Softwood Lumber Market Update: May 2023

view the latest video of Madison’s Lumber Reporter softwood lumber prices and market update, for mid-May 2023: Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending May 12, 2023, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was again US$360 mfbm, […] The post Softwood Lumber Market Update: May 2023 first appeared on Madison’s Lumber Reporter.

Ongoing Soft Demand Keeps Lumber Prices Stable

May dawned to witness no particular increase in lumber demand. Supply remained good as sawmills had plenty of inventory on hand. Customer inquiries did improve, as is normal for the time of year, but was still along the levels of the past winter. Players wondered when ever would the spring construction season materialize for 2023. […] The post Ongoing Soft Demand Keeps Lumber Prices Stable first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index: May 12, 2023

The Madison’s Lumber Prices Index for the week ending May 12, 2023 is: US$388.4 mfbm The Madison’s Lumber Prices Index for the week ending May 12, 2023 is: US$388.4 mfbmThis is down by -1.04%, or -$4.05, from the previous week when it was US$392.5 Interestingly, this week matches exactly with the same week in 2020. […] The post Madison’s Lumber Prices Index: May 12, 2023 first appeared on Madison’s Lumber Reporter.

Lumber Demand Remains Soft for the Time of Year

As April waned, the usual spring buying of construction framing softwood lumber had not yet materialized. Suppliers had plenty of inventory on hand for customers who continued to only order wood for immediate needs. As such, supply remained quite ahead of demand. Even as the days got progressively longer and the weather improved, there did […] The post Lumber Demand Remains Soft for the Time of Year first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index: A Powerful Tool for Data-Driven Decision Making

Madison’s Lumber Prices Index: A Powerful Tool for Data-Driven Decision Making Madison’s Lumber Reporter, your premiere source for weekly softwood lumber prices and market commentary since 1952, is overjoyed to announce the brand new Madison’s Lumber Prices Index. The post Madison’s Lumber Prices Index: A Powerful Tool for Data-Driven Decision Making first appeared on Madison’s Lumber Reporter.

Madison’s Sawmill Curtailment Lookout: April 2023

Madison’s Sawmill Lookout is our brand new monthly digital publication, tracking sawmill curtailment news for you! With Madison’s Sawmill Lookout, you will save time and money by getting the latest information on production volume changes at US and Canadian sawmills straight into your inbox. Each month, be the first to find out about curtailments, downtime, […] The post Madison’s Sawmill Curtailment Lookout: April 2023 first appeared on Madison’s Lumber Reporter.

Lumber Prices and US Housing Market: April 2023

view the latest video by Madison’s Lumber Reporter about US housing and new home sales update for March 2023 Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. Total housing starts in the US for March 2023 were almost flat after a big surge the previous month, at 1.420 million […] The post Lumber Prices and US Housing Market: April 2023 first appeared on Madison’s Lumber Reporter.

Lumber Prices Tick Up Slightly Even as Demand Remains Low

At this time of year, the historical trend would normally be for lumber prices to be rising. Usually by mid-April the building activity for housing is ramping up, and sales volumes of construction framing lumber are approaching their high for the year. This year, however, is proving to be quite the exception. The biggest reason […] The post Lumber Prices Tick Up Slightly Even as Demand Remains Low first appeared on Madison’s Lumber Reporter.

Lumber Prices Flatten as Demand Remains Weak

Ongoing harsh winter weather and ample supply of lumber inventories in the field served to keep prices stable. It seemed that only the sawmill downtime and curtailment announcements of recent weeks — and months — kept lumber prices from falling lower. The balancing act of keeping manufacturing volumes in line with demand was made even […] The post Lumber Prices Flatten as Demand Remains Weak first appeared on Madison’s Lumber Reporter.