INDUSTRY NEWS
Weston Forest acquires Ontario’s Kings Wood Products
Weston Forest acquires Ontario’s Kings Wood ProductsJennifer Ellson Weston Forest, a distributor…
Improved construction activity, continued wildfires raise lumber prices: Madison’s
Improved construction activity, continued wildfires raise lumber prices: Madison’sJennifer Ellson In the…
US Housing Market and Lumber Prices: June 2023
US housing starts and new home sales data for May 2023 both show a turn-a-round point from the slow-down of mid-2022, when lending rates started to rise. Total housing starts in the US for May 2023 shot up by +22% from the previous month, to 1.631 million units,...
Softwood Lumber Market Update: June 2023
view the latest video of Madison’s Lumber Reporter softwood lumber prices and market update, for end of June 2023: In the week ending June 23, 2023, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$406 mfbm. This is up...
Three Facts About Eastern White Pine.
1. The tallest tree in New York is a white pine, standing at 174′ tall. In 2021, the white pine known as Tree 103, which stood in a grove and was last measured at 160 ft., fell down. However, in June 2022, a new giant tree was discovered near Bolton, believed to be...
Improved Construction Activity and Ongoing Wildfires Raise Lumber Prices
As June reached it’s latter weeks, a stellar new housing construction report, for May, and continued very low inventory levels served to pop up lumber demand. Prices on many items rebounded somewhat, with specialty commodities like studs leading the charge. Customers...
Madison’s Lumber Prices Index: June 30, 2023
The Madison’s Lumber Prices Index for the week ending June 30, 2023 is: US$472 mfbm The Madison’s Lumber Prices Index for the week ending June 30, 2023 is: US$472 mfbmThis is up by +6.8%, or +$30, from the previous week when it was US$442. For information regarding...
South American softwood lumber exports struggle with European expansion on global markets
Softwood lumber exports from South America plummeted deeper in the first quarter…
N. American lumber prices rally as market concerned by supply issues
While supply chain disruptions arising from wildfires were not the primary driver…