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Raging Wildfires Hit Alberta as Winter Snow Barely Melted

The seemingly never-ending winter of 2022/23 had barely moved into spring when an enormous amount of forest fires broke out in Alberta. Raging wildfires forced the evacuation of roughly 25,000 residents, so far. At time of writing, more than 350,000 hectares burned...

Madison’s Lumber Prices Index: May 19, 2023

The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$390.5 mfbm The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$390.5 mfbmThis is up by +0.5%, or +$2, from the previous week when it was US$388.4 To check the respective...

Madison’s Lumber Prices Index: A Powerful Tool for Data-Driven Decision Making (video)

view the video of Madison’s Lumber Reporter explaining the brand *new* Madison’s Lumber Prices Index: Madison’s Lumber Prices Index can signal upcoming changes and broad trends in the economy, which has tremendous value when examined across a period of time. Madison’s...

Softwood Lumber Market Update: May 2023

view the latest video of Madison’s Lumber Reporter softwood lumber prices and market update, for mid-May 2023: Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending May 12, 2023, the price of...

Madison’s Lumber Prices Index: May 12, 2023

The Madison’s Lumber Prices Index for the week ending May 12, 2023 is: US$388.4 mfbm The Madison’s Lumber Prices Index for the week ending May 12, 2023 is: US$388.4 mfbmThis is down by -1.04%, or -$4.05, from the previous week when it was US$392.5 Interestingly, this...

Lumber Demand Remains Soft for the Time of Year

As April waned, the usual spring buying of construction framing softwood lumber had not yet materialized. Suppliers had plenty of inventory on hand for customers who continued to only order wood for immediate needs. As such, supply remained quite ahead of demand. Even...