INDUSTRY NEWS
Madison’s Mid-Year Lumber Market Update: CFI Magazine
Check out Madison’s Lumber Reporter in this month’s issue of the Canadian Forest Industries magazine print edition: https://mydigitalpublication.com/publication/?m=853&i=755078&p=36&ver=html5 Canadian Forest Industries magazine / Madison’s Lumber Reporter...
Lumber Prices and Market Update: July 2022 [video]
Check back with the Madison’s Lumber Reporter website often for the latest updates for the latest developments and updates. In the week ending July 29, 2022, the price of WSPF 2×4 #2&Btr KD (RL) was US$684 mfbm, said forest products industry price guide newsletter...
US Housing Market June & Softwood Lumber Prices July: 2022
The latest US housing starts and US new home sales data, for June 2022, continued the downward trend seen in May, when mortgage and interest rate increases hit the housing market. madisonsreport.com It is true that a slow-down is apparent in both construction and home...
Most Lumber Prices Flat as Benchmark Items Rise
The North American construction framing dimension softwood lumber market has found even footing at this mid-summer 2022. Prices on almost all lumber and panel items remained flat, with some benchmark commodities rising slightly. madisonsreport.com A big change coming...
Steady Demand Pops Lumber Price Up Slightly
The mid-point of the summer is past and usually at this time of year lumber sales soften quite bit, taking prices down as well. This year is not much different, except that most customers do not have excess inventory on hand as they had been holding off any...
Lumber Prices Firm Up Slightly as Field Inventories Stabilize
The North American forest products manufacturing industry has entered the usual seasonal slower time; although everyone understands that the past two years have not been usual. madisonsreport.com Since late spring this year, as producers and customers were negotiating...
Normal Seasonal Slow-Down Brings Flat Lumber Prices
As the dual Canada Day – US Independence Day long weekend arrived, most softwood lumber and panel prices stayed relatively flat compared to the previous week. madisonsreport.com This is the time of year when lumber demand starts...
Changes Coming to Random Length Lumber Futures Trading
Chicago Mercantile Exchange will launch updated futures trading in August under the ticker LBR CME Group is set to launch a new lumber futures contract on August 8, 2022. The new derivative is said to feature a more precise hedging acumen and is designed to be more...
Lumber Prices Bounce on Equitable Supply-Demand Balance
The significant price cuts of the previous week were successful in spurring renewed demand for softwood lumber materials. Indeed, so successful that prices bounced almost back up to the levels of the week prior. While sales volumes still were not optimal, looming...