Softwood Lumber Prices

Even as true spring weather has not yet begun this year, lumber sales improved to the point that prices surpassed the levels of one year ago. Since mid-2022 when mortgage lending rates started increasing, both construction activity and lumber sales dropped somewhat. The trend line for lumber prices during last year was quite stable, as […] The post Prices of Lumber Jump as Sales Improve first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending march 8, 2024 is: US$487 mfbm The Madison’s Lumber Prices Index for the week ending March 8, 2024 is: US$487 mfbmThis is up by +0%, or +$1, from the previous week when it was US$486. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index March 8, 2024: US$487 mfbm first appeared on Madison’s Lumber Reporter.

Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 1 2024, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$452 mfbm, which is up by +$10, or +2%, from the previous week when it was $442. This is up […] The post Lumber Prices and Market Update: March 8, 2024 first appeared on Madison’s Lumber Reporter.

Actual sales of construction framing dimension softwood lumber did improve at the end of February, even as prices remained flat. Suppliers fielded good volumes of calls, many of which followed through to actual sales. Customers dropped their recent habits of buying only the wood absolutely needed for ongoing projects. As the first signs of spring […] The post Sales Volumes of Lumber Increase as Prices Remain Even first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending march 1, 2024 is: US$486 mfbm The Madison’s Lumber Prices Index for the week ending March 1, 2024 is: US$486 mfbmThis is up by +2.5%, or +$12, from the previous week when it was US$474. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index March 1, 2024: US$486 mfbm first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending february 23, 2024 is: US$474 mfbm The Madison’s Lumber Prices Index for the week ending February 23, 2024 is: US$474 mfbmThis is up by +1%, or +$5, from the previous week when it was US$469. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index February 23, 2024: US$474 mfbm first appeared on Madison’s Lumber Reporter.

Lumber sales remained muted into mid-February, as it seemed like many buyers were waiting on the sidelines to see what everyone else was doing. Inquiry at sawmills was good, however there was not yet much follow-through with actual sales. The forest products manufacturing industry was poised for the next home building season, but since that […] The post Lumber Prices Remain Flat on Muted Sales first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending february 16, 2024 is: US$469 mfbm The Madison’s Lumber Prices Index for the week ending February 16, 2024 is: US$469 mfbmThis is up by +0%, or +$1, from the previous week when it was US$468. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index February 16, 2024: US$469 mfbm first appeared on Madison’s Lumber Reporter.

Steady take-a-way amid normal seasonally slow demand was the name of the game for January 2024 North American construction framing dimension softwood lumber sales. Prices remained essentially flat, providing much-needed stability for both the forest products manufacturing industry and home builders alike. Expectations for reasonably good housing starts numbers this year are widely acknowledged. The […] The post Slow Demand Keeps Lumber Prices Flat first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending february 9, 2024 is: US$468 mfbm The Madison’s Lumber Prices Index for the week ending February 9, 2024 is: US$468 mfbmThis is down by -1%, or -$5, from the previous week when it was US$473. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index February 9, 2024: US$468 mfbm first appeared on Madison’s Lumber Reporter.