Lumber Demand Remains Unseasonably Soft

Even in the middle of May the usual spring home construction did not materialize. The harsh winter was a distant memory as normal seasonal weather was upon North America, yet building activity did not increase. Whether it was concerns over macroeconomic conditions, questions about potentially low new home sales, or simply uncertainty in general; most […] The post Lumber Demand Remains Unseasonably Soft first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index: May 26, 2023

The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$382 mfbm The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$382 mfbmThis is down by -2%, or -$8, from the previous week when it was US$390 For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index: May 26, 2023 first appeared on Madison’s Lumber Reporter.

Raging Wildfires Hit Alberta as Winter Snow Barely Melted

The seemingly never-ending winter of 2022/23 had barely moved into spring when an enormous amount of forest fires broke out in Alberta. Raging wildfires forced the evacuation of roughly 25,000 residents, so far. At time of writing, more than 350,000 hectares burned since January 1st, compared to an average of 800 hectares by this time […] The post Raging Wildfires Hit Alberta as Winter Snow Barely Melted first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index: May 19, 2023

The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$390.5 mfbm The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$390.5 mfbmThis is up by +0.5%, or +$2, from the previous week when it was US$388.4 To check the respective price trendlines, we decided to plot the […] The post Madison’s Lumber Prices Index: May 19, 2023 first appeared on Madison’s Lumber Reporter.

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.

France: Lumber prices for Q1/2023

As the below table shows, Q1/2023 prices for various lumber products in…

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.