Lumber Prices and Market Update: March 8, 2024 [video]

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.

Sales Volumes of Lumber Increase as Prices Remain Even

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.

Madison’s Lumber Prices Index March 1, 2024: US$486 mfbm

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.

Madison’s Lumber Prices Index February 23, 2024: US$474 mfbm

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 Prices Remain Flat on Muted Sales

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.

Madison’s Lumber Prices Index February 16, 2024: US$469 mfbm

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.

Slow Demand Keeps Lumber Prices Flat

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.

Madison’s Lumber Prices Index February 9, 2024: US$468 mfbm

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.

Lumber Prices Flat on Low Sales Volumes

The month of January 2024 marched on, bringing with it sluggish lumber sales and flat prices. Looking at the graph above, it is clear that the quite stable trend line of price changes through last year is continuing. This return to previously more regular seasonal price movement is providing much-needed stability for the North American […] The post Lumber Prices Flat on Low Sales Volumes first appeared on Madison’s Lumber Reporter.

Winter Weather Keeps Lumber Sales Low

As business in January 2024 got going after the annual Holiday Break, the price trendline for benchmark construction framing dimension lumber commodity item Western Spruce-Pine-Fir KD 2×4 #2Btr continued nicely from where it ended last year. A quick look at the graph above to compare the yellow line of 2023 to the blue line of […] The post Winter Weather Keeps Lumber Sales Low first appeared on Madison’s Lumber Reporter.