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Increased Production Volume Brings Drop in Lumber Prices

As August dawned it became clear that there would be no big increase in new housing construction activity this season. While demand remained reasonably stable, producers chose to increase production volumes and sell more wood rather than keeping supply tight and get...

Madison’s Lumber Prices Index: August 11, 2023

The Madison’s Lumber Prices Index for the week ending august 11, 2023 is: US$437 mfbm The Madison’s Lumber Prices Index for the week ending August 11, 2023 is: US$437 mfbmThis is down by -6.8%, or -$32, from the previous week when it was US$469. SPECIAL ADDED BONUS...

Lumber Prices Begin to Show a Year-Long Trend

After the remarkable volatility in 2020 and 2021, the price trendline for framing softwood lumber commodities this past year is beginning to look like something understandable. In mid-2022 when the long-announced interest rate increases actually started to happen, the...

As July Wanes, Lumber Prices Flatten

With the annual home building season well under way, most construction framing softwood lumber prices flattened out toward the end of July. Prices have crested at what could well become the “new normal”, which those interested in the forestry and sawmilling industries...