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It is normal that the US Thanksgiving holiday marks the end of true construction season across North America, thus also lumber sales, and this year was no exception. However, given the discipline of sawmills over the past year to reduce production volumes and curtail in an effort to keep supply in line with demand, lumber […] The post Lumber Prices Rise on Ongoing Supply Constraints first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending december 1, 2023 is: US$447 mfbm The Madison’s Lumber Prices Index for the week ending December 1, 2023 is: US$447 mfbmThis is flat from the previous week when it was US$447. For information regarding the construction of this Index (species mix, weighed averages) please go here: […] The post Madison’s Lumber Prices Index December 1, 2023: US$447 mfbm first appeared on Madison’s Lumber Reporter.

As the US Thanksgiving holiday approached, which usually marks the end of significant-volume lumber sales for the year, ongoing limited supply and hungry customers kept wood prices higher. After the severe volatility of the previous couple of years, the trendline for lumber prices through 2023 was quite stable indeed. This provides sawmills with the ability […] The post Limited Supply Keeps Lumber Prices Higher first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending November 24, 2023 is: US$447 mfbm The Madison’s Lumber Prices Index for the week ending November 24, 2023 is: US$447 mfbmThis is up by +2.5%, or +$11, from the previous week when it was US$436. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index November 24, 2023: US$447 mfbm first appeared on Madison’s Lumber Reporter.

At a time of year when construction activity, thus lumber sales, are usually slowing down which generally means lumber prices drop; this year the ongoing severe supply constraints worked to pop lumber prices higher Customers continued to stick to the practice of just-in-time buying, since approximately the middle of last year, so have got caught […] The post Increased Demand Pops Up Lumber Prices first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending November 17, 2023 is: US$436 mfbm The Madison’s Lumber Prices Index for the week ending November 17, 2023 is: US$436 mfbmThis is up by +2%, or +$9, from the previous week when it was US$427. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index November 17, 2023: US$436 mfbm first appeared on Madison’s Lumber Reporter.

After a minor boost in recent weeks, toward the end of October North American softwood lumber prices began their usual annual seasonal drop. Customers, whether retailers or end-users, continued to make purchases for immediate needs only, keeping their inventories quite lean indeed. This story originally appears in the latest print issue of Canadian Forest Industries […] The post Year-End 2023 North America Softwood Lumber Market Update first appeared on Madison’s Lumber Reporter.

The ongoing strategy of North American sawmills reducing production and curtailing manufacturing volumes succeeded in reversing the usual seasonal drop of lumber prices. As November dawned, the supply-demand balance was such that lumber sellers were able to actually increase prices somewhat. Customers have been running on lean inventories for most of this year, as macroeconomic […] The post Lumber Prices Rise on Supply Constraints first appeared on Madison’s Lumber Reporter.

The Madison’s Lumber Prices Index for the week ending November 10, 2023 is: US$427 mfbm The Madison’s Lumber Prices Index for the week ending November 10, 2023 is: US$427 mfbmThis is up by +5%, or +$21, from the previous week when it was US$406. For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index November 10, 2023: US$427 mfbm first appeared on Madison’s Lumber Reporter.

As home building and construction activity across North America slows down into winter, and demand for solid wood materials also slows, lumber prices usually start to drop. Sometimes, if there is a boost in building, there might be a late-season pop in lumber prices. That happened this year at the end of October. This is […] The post Late-Season Pop in Sales Boosts Lumber Prices first appeared on Madison’s Lumber Reporter.