Lumber Demand Remains Unseasonably Soft

Even in the middle of May the usual spring home construction did not materialize. The harsh winter was a distant memory as normal seasonal weather was upon North America, yet building activity did not increase. Whether it was concerns over macroeconomic conditions,...

Madison’s Lumber Prices Index: May 26, 2023

The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$382 mfbm The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$382 mfbmThis is down by -2%, or -$8, from the previous week when it was US$390 For information regarding the...

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...