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565 posts

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.

Soft Demand Brings Lower Lumber Prices

Lumber prices dropped yet again at the end of March, as demand remained soft and customers skeptical. While sawmills were able to book order files out two weeks or longer, most buying remained just-in-time. Almost no one was stocking inventory, which is a bit odd given the time of year. Usually by the end of […] The post Soft Demand Brings Lower Lumber Prices first appeared on Madison’s Lumber Reporter.

Strengthening Sawmill Order Files Push Lumber Prices Up

Into the end of March markedly improved weather across the continent perked up demand for lumber, pushing out sawmill order files to almost a month. As such, suppliers were able to boost prices higher. The annual spring break brought a noticeable absence of players, as families took off work while the kids were out of […] The post Strengthening Sawmill Order Files Push Lumber Prices Up first appeared on Madison’s Lumber Reporter.

Softwood Lumber Market Update: Late March 2023

view the latest video of Madison’s Lumber Reporter softwood lumber prices and market update, toward the end of March 2023: Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 24, 2023, the price of Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$380 mfbm, which is […] The post Softwood Lumber Market Update: Late March 2023 first appeared on Madison’s Lumber Reporter.

US Housing Market February & Softwood Lumber Prices March: 2023

The latest US housing starts and new home sales data, for February 2023, demonstrates ongoing demand, however at a requisite slowdown from the frantic momentum of the previous two years. In particular single-family homebuilding and permits rebounded in February, indicating that demand for housing still exceeds supply, a reason for optimism about building and selling sooner […] The post US Housing Market February & Softwood Lumber Prices March: 2023 first appeared on Madison’s Lumber Reporter.

Lumber Prices Flatten as Winter Ends

By mid-March many regions across the continent faced yet another bought of bad weather. Meanwhile the densely-populated southern US states ramped up construction activity. Demand for lumber materials remained somewhat muted, yet suppliers booked enough sales to keep prices generally even from the previous week. Sawmills claimed to have extended order files out to two […] The post Lumber Prices Flatten as Winter Ends first appeared on Madison’s Lumber Reporter.

Fierce Competition for Sales Drops Lumber Prices Further

With cold winter weather still a serious issue across the continent, secondary suppliers of construction framing dimension softwood lumber competed fiercely for whatever small sales volumes they could muster. As for producers, sawmills held their ground on pricing only to be met with resistance from customers. As such, prices did drop — precipitously back to […] The post Fierce Competition for Sales Drops Lumber Prices Further first appeared on Madison’s Lumber Reporter.

US Housing Starts and New Home Sales plus Lumber Prices: Jan and Feb 2023

Total housing starts in the US for January 2023 were down a little bit compared to Dec 2022, which is normal for the season. Single-family starts were also down slightly compared to Dec, but permits were almost flat. Full-year 2022 total housing starts were down only -3% compared to 2021, at 1.55 million units. Single-family […] The post US Housing Starts and New Home Sales plus Lumber Prices: Jan and Feb 2023 first appeared on Madison’s Lumber Reporter.

Ongoing Winter Weather Keeps Lumber Prices Down

As more cold and snow descended yet again across North America, construction activity remained stalled thus lumber sales were similarly slow. Those purchases which were made were generally for just-in-time buying or immediate needs; almost no one was stocking up on inventory yet for this looming spring building season. For their part, sawmills could only […] The post Ongoing Winter Weather Keeps Lumber Prices Down first appeared on Madison’s Lumber Reporter.