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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...

Increased Housing Construction Activity Brings Higher Lumber Prices

True housing construction activity finally got going across the North American continent as the month of June closed. Many builders found themselves short of the lumber supply they would need for existing projects. While no one was yet building inventory, the...

Madison’s Lumber Prices Index: July 21, 2023

The Madison’s Lumber Prices Index for the week ending July 21, 2023 is: US$498 mfbm The Madison’s Lumber Prices Index for the week ending July 21, 2023 is: US$498 mfbmThis is up by +0.8%, or +$4, from the previous week when it was US$494. For information regarding the...

Lumber Sales Improve in Mid-Summer 2023

A very late start to the annual seasonal building cycle finally brought improved lumber sales volumes at the beginning of July. Due to lowered production volumes over the past approximately one year, and ongoing sawmill curtailments, lumber supply did not meet demand....

Increased Housing Construction Activity Brings Higher Lumber Prices

True housing construction activity finally got going across the North American continent as the month of June closed. Many builders found themselves short of the lumber supply they would need for existing projects. While no one was yet building inventory, the...