Madison’s Lumber Prices Index Aug 2, 2024: US$394 mfbm

The Madison’s Lumber Prices Index for the week ending AUGUST 2, 2024 is: US$394 mfbm The Madison’s Lumber Prices Index for the week ending Aug 2, 2024 is: US$394 mfbmThis is up +2.6%, or +$10, from the previous week when it was US$384.This is up +7%, or +$25, from one month ago when it was […] The post Madison’s Lumber Prices Index Aug 2, 2024: US$394 mfbm first appeared on Madison’s Lumber Reporter.

Balanced Supply and Demand Brings Stable Lumber Prices

As 1H 2024 forestry data is released, the bigger picture of timber harvest volumes, log sales, lumber manufacturing, and lumber exports — together with madison’s price data — will well illuminate what to expect. As can be seen from the first graph at the top of this page; at this time two years ago lumber […] The post Balanced Supply and Demand Brings Stable Lumber Prices first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index July 26, 2024: US$384 mfbm

The Madison’s Lumber Prices Index for the week ending july 26, 2024 is: US$384 mfbm The Madison’s Lumber Prices Index for the week ending July 26, 2024 is: US$384 mfbmThis is up +5%, or +$17, from the previous week when it was US$367.This is up +1%, or +$4, from one month ago when it was […] The post Madison’s Lumber Prices Index July 26, 2024: US$384 mfbm first appeared on Madison’s Lumber Reporter.

Lumber Buyers Maintain Cautious Attitude

The post-dual national holidays in Canada and the US did nothing to jolt an increase in lumber sales. As true summer weather is upon North America any hopes of a seasonal jump in demand for lumber did not materialize. Sawmills and wholesalers alike prepared to hang “Gone Fishing” signs at their desks, so little inquiry […] The post Lumber Buyers Maintain Cautious Attitude first appeared on Madison’s Lumber Reporter.

US Housing Market and Lumber Prices Update: July 2024

A dramatic drop in multi-family starts the previous month brought total housing starts for the US in May down significantly. The latest data release, for June, shows a bounce back in multi-family starts, which was enough to drive total housing starts back up. The Madison’s Lumber Prices Index for the week ending July 12, 2024 […] The post US Housing Market and Lumber Prices Update: July 2024 first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index July 19, 2024: US$367 mfbm

The Madison’s Lumber Prices Index for the week ending july 19, 2024 is: US$367 mfbm The Madison’s Lumber Prices Index for the week ending July 19, 2024 is: US$367 mfbmThis is down -0%, or -$2, from the previous week when it was US$369. For information regarding the construction of this Index (species mix, weighed averages) […] The post Madison’s Lumber Prices Index July 19, 2024: US$367 mfbm first appeared on Madison’s Lumber Reporter.

Continued Soft Demand Keeps Lumber Prices Flat

The first week of July, with its dual Canada-US national holidays, was a continuation of the muted demand seen so far this year. Lumber manufacturers and sawmills across North America kept up their strategy of rotating curtailments to maintain lower production volumes in an effort to prevent lumber prices from falling further. For their part, […] The post Continued Soft Demand Keeps Lumber Prices Flat first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index July 12, 2024: US$369 mfbm

The Madison’s Lumber Prices Index for the week ending july 12, 2024 is: US$369 mfbm The Madison’s Lumber Prices Index for the week ending July 12, 2024 is: US$369 mfbmThis is down -3%, or -$11, from the previous week when it was US$380. For information regarding the construction of this Index (species mix, weighed averages) […] The post Madison’s Lumber Prices Index July 12, 2024: US$369 mfbm first appeared on Madison’s Lumber Reporter.

Lumber Prices Drop Further on Plentiful Supply

There was no notable increase in demand for lumber in advance of the dual Canada and US national holidays. Veteran players continued to shake their heads in wondering when, and/or if, there will be the usual seasonal lumber sales push at all this year. Indeed, at this time last year prices were rising. The overall […] The post Lumber Prices Drop Further on Plentiful Supply first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index July 5, 2024: US$380 mfbm

The Madison’s Lumber Prices Index for the week ending july 5, 2024 is: US$380 mfbm The Madison’s Lumber Prices Index for the week ending July 5, 2024 is: US$380 mfbmThis is down -1%, or -$4, from the previous week when it was US$384. For information regarding the construction of this Index (species mix, weighed averages) […] The post Madison’s Lumber Prices Index July 5, 2024: US$380 mfbm first appeared on Madison’s Lumber Reporter.