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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.

Madison’s Lumber Prices Index: A Powerful Tool for Data-Driven Decision Making

Madison’s Lumber Prices Index: A Powerful Tool for Data-Driven Decision Making Madison’s Lumber Reporter, your premiere source for weekly softwood lumber prices and market commentary since 1952, is overjoyed to announce the brand new Madison’s Lumber Prices Index. The post Madison’s Lumber Prices Index: A Powerful Tool for Data-Driven Decision Making first appeared on Madison’s Lumber Reporter.

Madison’s Sawmill Curtailment Lookout: April 2023

Madison’s Sawmill Lookout is our brand new monthly digital publication, tracking sawmill curtailment news for you! With Madison’s Sawmill Lookout, you will save time and money by getting the latest information on production volume changes at US and Canadian sawmills straight into your inbox. Each month, be the first to find out about curtailments, downtime, […] The post Madison’s Sawmill Curtailment Lookout: April 2023 first appeared on Madison’s Lumber Reporter.

Lumber Prices and US Housing Market: April 2023

view the latest video by Madison’s Lumber Reporter about US housing and new home sales update for March 2023 Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. Total housing starts in the US for March 2023 were almost flat after a big surge the previous month, at 1.420 million […] The post Lumber Prices and US Housing Market: April 2023 first appeared on Madison’s Lumber Reporter.

Lumber Prices Tick Up Slightly Even as Demand Remains Low

At this time of year, the historical trend would normally be for lumber prices to be rising. Usually by mid-April the building activity for housing is ramping up, and sales volumes of construction framing lumber are approaching their high for the year. This year, however, is proving to be quite the exception. The biggest reason […] The post Lumber Prices Tick Up Slightly Even as Demand Remains Low first appeared on Madison’s Lumber Reporter.

Softwood Lumber Market Update: Late April 2023

view the latest video of Madison’s Lumber Reporter softwood lumber prices and market update, toward the end of April 2023: Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending April 21, 2023, the price of Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$360 mfbm, which is […] The post Softwood Lumber Market Update: Late April 2023 first appeared on Madison’s Lumber Reporter.

US Housing Market March & Softwood Lumber Prices April: 2023

As macroeconomic conditions stabilize, particularly mortgage lending rates, the latest US housing starts and new home sales data, for March 2023, demonstrates a reversal of the dropping demand last year. Spring is a historically popular time for new home building and for home sales, and as good weather finally comes on across the continent, builders […] The post US Housing Market March & Softwood Lumber Prices April: 2023 first appeared on Madison’s Lumber Reporter.

Abundant Supply Keeps Lumber Prices Moderated

Following the Easter long weekend, demand for lumber increased somewhat however supply remained abundant. Sales to retailers increased noticeably, as weather across the continent became more seasonably mild. A reminder to all that Madison’s Lumber Reporter has been tracking Canadian Plywood and OSB (oriented strand board) prices since the beginning. This is of course in […] The post Abundant Supply Keeps Lumber Prices Moderated first appeared on Madison’s Lumber Reporter.

Lumber Demand Remains Muted for Easter Long Weekend

What is normally considered a “litmus test” of sorts for the construction framing dimension softwood lumber market, the week leading up to the Easter holiday demonstrated still weak demand. Indications, though, were for increasing sales volumes to come, as sawmills were better able to deflect counter-offers than in recent weeks. Another bought of harsh winter […] The post Lumber Demand Remains Muted for Easter Long Weekend first appeared on Madison’s Lumber Reporter.

Madison’s Sawmill Curtailment Lookout: March 2023

Have you signed up for a subscription to the FABULOUS *new* Madison’s Sawmill Curtailment Lookout? Don’t miss out! Your colleagues already have access to this vital and important timely information. With Madison’s Sawmill Lookout you will save time and money by ensuring your outreach is timely and relevant. Lookout signals and alerts cut through the […] The post Madison’s Sawmill Curtailment Lookout: March 2023 first appeared on Madison’s Lumber Reporter.