Stable Sales Volumes Bump Lumber Prices up Slightly

After a very slow first half of this year for lumber sales, at the beginning of August demand picked up enough to turn around the most recent price drops. There was enough sales volumes for suppliers to be able to firm up prices, potentially providing understanding of the new bottom. A few more curtailment announcements […] The post Stable Sales Volumes Bump Lumber Prices up Slightly first appeared on Madison’s Lumber Reporter.

Canada’s Softwood Lumber Duty Challenge: Extension Granted to US Commerce Dept

NAFTA Ruling May 6, 2024: U.S. Department of Commerce to correct errors in its setting of countervailing duties on Canadian softwood lumber, given 90 days to respond. Background info in previous update here: https://madisonsreport.com/nafta-chapter-19-panel-on-u-s-countervailing-duties-on-canadian-softwood-lumber/ Madison’s Lumber Reporter reached out to Global Affairs Canada to find out what are the next steps, now that the 90-day […] The post Canada’s Softwood Lumber Duty Challenge: Extension Granted to US Commerce Dept first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index Aug 9, 2024: US$407 mfbm

The Madison’s Lumber Prices Index for the week ending AUGUST 9, 2024 is: US$407 mfbm The Madison’s Lumber Prices Index for the week ending Aug 9, 2024 is: US$407 mfbmThis is up +3%, or +$13, from the previous week when it was US$394.This is up +11%, or +$40, from one month ago when it was […] The post Madison’s Lumber Prices Index Aug 9, 2024: US$407 mfbm first appeared on Madison’s Lumber Reporter.

Panel Market Update: OSB and Plywood [video]

Gain deep understanding of the market dynamics for softwood panel prices produced and sold across North America: Oriented strand board and plywood Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending August 02, 2024, the price of Canadian Softwood Plywood – 3/8 – FOB Toronto was […] The post Panel Market Update: OSB and Plywood first appeared on Madison’s Lumber Reporter.

Lumber Market Update: Early August 2024 [video]

Gain deep understanding of the market dynamics between the three main 2×4 construction framing dimension softwood lumber prices produced and sold across North America: WSPF, ESPF, and SYP East Side. Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending July 26, 2024, the price of Western […] The post Lumber Market Update: Early August 2024 first appeared on Madison’s Lumber Reporter.

Lumber Prices Moderate Toward Same Level as One Year Ago

As July drew to a close the past long-time habit of cautious buying seemed to be fading, as a good number of customers got off the fence and made substantial lumber purchases. Because there continued to be weak field inventories, even wholesalers and reloads had to put their orders in at sawmills. This demand pushed […] The post Lumber Prices Moderate Toward Same Level as One Year Ago first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index Aug 2, 2024: US$394 mfbm

The Madison’s Lumber Prices Index for the week ending AUGUST 2, 2024 is: US$394 mfbm The Madison’s Lumber Prices Index for the week ending Aug 2, 2024 is: US$394 mfbmThis is up +2.6%, or +$10, from the previous week when it was US$384.This is up +7%, or +$25, from one month ago when it was […] The post Madison’s Lumber Prices Index Aug 2, 2024: US$394 mfbm first appeared on Madison’s Lumber Reporter.

Balanced Supply and Demand Brings Stable Lumber Prices

As 1H 2024 forestry data is released, the bigger picture of timber harvest volumes, log sales, lumber manufacturing, and lumber exports — together with madison’s price data — will well illuminate what to expect. As can be seen from the first graph at the top of this page; at this time two years ago lumber […] The post Balanced Supply and Demand Brings Stable Lumber Prices first appeared on Madison’s Lumber Reporter.

Madison’s Lumber Prices Index July 26, 2024: US$384 mfbm

The Madison’s Lumber Prices Index for the week ending july 26, 2024 is: US$384 mfbm The Madison’s Lumber Prices Index for the week ending July 26, 2024 is: US$384 mfbmThis is up +5%, or +$17, from the previous week when it was US$367.This is up +1%, or +$4, from one month ago when it was […] The post Madison’s Lumber Prices Index July 26, 2024: US$384 mfbm first appeared on Madison’s Lumber Reporter.

Lumber Buyers Maintain Cautious Attitude

The post-dual national holidays in Canada and the US did nothing to jolt an increase in lumber sales. As true summer weather is upon North America any hopes of a seasonal jump in demand for lumber did not materialize. Sawmills and wholesalers alike prepared to hang “Gone Fishing” signs at their desks, so little inquiry […] The post Lumber Buyers Maintain Cautious Attitude first appeared on Madison’s Lumber Reporter.