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Canada Wildfires and Lumber Prices: June 2023

view the latest video of Madison’s Lumber Reporter softwood lumber prices and market update, for mid-June 2023: In the week ending June 09, 2023, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was again US$360 mfbm, which is flat from the previous week, said weekly forest products industry price guide […] The post Canada Wildfires and Lumber Prices: June 2023 first appeared on Madison’s Lumber Reporter.

Muted Construction Activity Sends Lumber Prices Sideways

As June dawned most lumber prices stayed flat, as the long-awaited 2023 home building activity still did not materialize. Lumber producers remained well stocked with manufactured wood supply, thus customers felt no urgency to order beyond immediate needs for existing projects. Inventories in the field were reasonably robust, providing wholesalers, resellers, and other secondary suppliers […] The post Muted Construction Activity Sends Lumber Prices Sideways first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index: June 09, 2023

The Madison’s Lumber Prices Index for the week ending june 09, 2023 is: US$395 mfbm The Madison’s Lumber Prices Index for the week ending June 09, 2023 is: US$395 mfbmThis is up by +1.5%, or +$6, from the previous week when it was US$389 For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index: June 09, 2023 first appeared on Madison’s Lumber Reporter.

Lumber Sales Low as Nova Scotia Bursts into Flame

As May drew to a close the sales of lumber across North America remained quite low for the time of year. Wildfires in Alberta decreased somewhat but were still a huge problem, as major forest fires erupted in Nova Scotia. Sawmill operators and forest technicians alike expressed great alarm at this fierce and very early […] The post Lumber Sales Low as Nova Scotia Bursts into Flame first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index: June 02, 2023

The Madison’s Lumber Prices Index for the week ending june 02, 2023 is: US$389 mfbm The Madison’s Lumber Prices Index for the week ending June 02, 2023 is: US$389 mfbmThis is up by +2%, or +$7, from the previous week when it was US$382 For information regarding the construction of this Index (species mix, weighed […] The post Madison’s Lumber Prices Index: June 02, 2023 first appeared on Madison’s Lumber Reporter.

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.