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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...

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...

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...

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...

US Housing Market and Lumber Prices Update: July 2024

A dramatic drop in multi-family starts the previous month brought total housing starts for the US in May down significantly. The latest data release, for June, shows a bounce back in multi-family starts, which was enough to drive total housing starts back up. The...

Madison’s Lumber Prices Index July 19, 2024: US$367 mfbm

The Madison’s Lumber Prices Index for the week ending july 19, 2024 is: US$367 mfbm The Madison’s Lumber Prices Index for the week ending July 19, 2024 is: US$367 mfbmThis is down -0%, or -$2, from the previous week when it was US$369. For information regarding the...