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Lumber Prices and Market Update: Sept 2022 (video)

Check back with the Madison’s website often for the latest updates for the latest developments and updates. In the week ending Sept 30, 2022, the price of WSPF 2×4 #2&Btr KD (RL) was US$505 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is down by-$15, or -3%, from the previous week […]

US Housing Market August & Softwood Lumber Prices Sept: 2022

US housing starts and US new home sales for August 2022 sharply reversed the downward trend seen in the past few months since mortgage and interest rate increases hit the housing market. While it is true that a slow-down is apparent in both construction and home buying activity, it is important to note that month-over-month […]

Madison’s BC Coast Log prices report: Aug 2022

North America Sawmill Capacity Utilization Rates: WWPA June 2022 US sawmill production as a per cent of practical capacity for January-June 2022 was down to 84%, compared to the first six months of last year when it was 87%, said the Western Wood Products Association’s monthly Lumber Track. Canada’s sawmill capacity utilization rate continued to […]

Lumber Prices Stay Level on Low-er Field Inventories

As inventories in the field tightened up, many benchmark softwood lumber prices stayed flat in mid-September. Supply at producers was quite lean, providing sawmills the opportunity to keep prices flat as they boosted order files out to two weeks — which is quite strong for the time of year. For their part, wholesalers and other […]

Madison’s Heating Wood Pellet Report: Aug 2022

Global Wood Pellet Operations Update: Colossal US Senate Bill Includes Funding for Biomass In another show of political support for biomass as a renewable energy source in the inchoate fight against climate change, the US Senate recently passed a massive government spending bill that includes incentives for much of the biomass sector. Provisions aimed at […]

Lumber Prices Drop as September Marches On

It is normal for this time of year for North America construction framing dimension softwood lumber prices to be falling, as the bulk of main home building activity is finished for the season. There are times when the weather is good so a bump in Do-It-Yourself and home remodelling brings an increase in demand at […]

Madison’s Sawmill Curtailment Lookout

With Madison’s Sawmill Lookout you will save time and money by ensuring your outreach is timely and relevant. Lookout signals and alerts cut through the noise by providing exactly the data updates you need when you need them. Madison’s Sawmill Curtailment Lookout: Now Selling Madison’s Lumber Reporter is your premiere source for softwood lumber news, […]

Post-Labour Day Brings Stable Lumber Prices

Historically for the softwood lumber and panel market, the week following Labour Day is the harbinger for what prices will be until the true seasonal slowdown arrives at US Thanksgiving. For the past two years, of course, the annual cycle of lumber price changes has not been anything approaching the historical trends. Could this year […]

Lumber Prices Drop as Labour Day Approaches

An old adage often used by Madison’s to explain the typical seasonal cycle of lumber prices is, “Labour Day is the beginning of the end and US Thanksgiving in the end of the end.” Meaning that lumber prices usually drop around Labour Day then keep falling until US Thanksgiving, which normally marks the lowest prices […]

US Housing Market July & Softwood Lumber Prices Aug: 2022

It is important to note that month-over-month starts and permits have indeed dropped, however new building and permits activity for the first seven months of this year were up compared to January to July 2021. The latest US housing starts and US new home sales data, for July 2022, continued the downward trend seen in […]