Strengthening Sawmill Order Files Push Lumber Prices Up

Into the end of March markedly improved weather across the continent perked up demand for lumber, pushing out sawmill order files to almost a month. As such, suppliers were able to boost prices higher. The annual spring break brought a noticeable absence of players, as families took off work while the kids were out of […] The post Strengthening Sawmill Order Files Push Lumber Prices Up first appeared on Madison’s Lumber Reporter.

Softwood Lumber Market Update: Late March 2023

view the latest video of Madison’s Lumber Reporter softwood lumber prices and market update, toward the end of March 2023: Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 24, 2023, the price of Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$380 mfbm, which is […] The post Softwood Lumber Market Update: Late March 2023 first appeared on Madison’s Lumber Reporter.

US Housing Market February & Softwood Lumber Prices March: 2023

The latest US housing starts and new home sales data, for February 2023, demonstrates ongoing demand, however at a requisite slowdown from the frantic momentum of the previous two years. In particular single-family homebuilding and permits rebounded in February, indicating that demand for housing still exceeds supply, a reason for optimism about building and selling sooner […] The post US Housing Market February & Softwood Lumber Prices March: 2023 first appeared on Madison’s Lumber Reporter.

Lumber Prices Flatten as Winter Ends

By mid-March many regions across the continent faced yet another bought of bad weather. Meanwhile the densely-populated southern US states ramped up construction activity. Demand for lumber materials remained somewhat muted, yet suppliers booked enough sales to keep prices generally even from the previous week. Sawmills claimed to have extended order files out to two […] The post Lumber Prices Flatten as Winter Ends first appeared on Madison’s Lumber Reporter.

Ongoing Winter Weather Keeps Lumber Prices Down

As more cold and snow descended yet again across North America, construction activity remained stalled thus lumber sales were similarly slow. Those purchases which were made were generally for just-in-time buying or immediate needs; almost no one was stocking up on inventory yet for this looming spring building season. For their part, sawmills could only […] The post Ongoing Winter Weather Keeps Lumber Prices Down first appeared on Madison’s Lumber Reporter.

Plywood and OSB Prices: March 2023

REQUEST A SAMPLE of madison’s lumber reporter weekly data: https://madisonsreport.com/subscribe/ Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 3, 2023, the price of Canadian Softwood Plywood – 3/8 – FOB Toronto was C$678 msf, which is flat from the previous week, said weekly forest […] The post Plywood and OSB Prices: March 2023 first appeared on Madison’s Lumber Reporter.

Ample Supply Brings a Drop in Lumber Prices

At the end of February, despite a noticeable reduction in lumber manufacturing since 4Q 2022, supply was ample enough that prices dropped significantly. A fresh round of harsh winter weather, including in southern California, brought a stop to any construction activity that might still have been going on. Noting the recent waffling of price levels, […] The post Ample Supply Brings a Drop in Lumber Prices first appeared on Madison’s Lumber Reporter.

Lumber Prices and Market Update: March 2023

REQUEST A SAMPLE of madison’s lumber reporter weekly data: https://madisonsreport.com/subscribe/ Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 03, 2023, the price of WSPF 2×4 #2&Btr KD (RL) was US$400 mfbm. This is down by -$17, or -4%, from the previous week when it […] The post Lumber Prices and Market Update: March 2023 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.

US Housing Market January and Softwood Lumber Prices February: 2023

US housing starts and new home sales data has been released for January 2023, with the latest numbers showing an ongoing momentum of activity. In 2022 the US began building 1.55 million homes, just a -3% drop from full-year 2021. Single-family starts in 2022 totalled 1.01 million, down -10.6% from the previous year. Total housing […] The post US Housing Market January and Softwood Lumber Prices February: 2023 first appeared on Madison’s Lumber Reporter.