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...

Continued Soft Demand Keeps Lumber Prices Flat

The first week of July, with its dual Canada-US national holidays, was a continuation of the muted demand seen so far this year. Lumber manufacturers and sawmills across North America kept up their strategy of rotating curtailments to maintain lower production volumes...

Madison’s Lumber Prices Index July 12, 2024: US$369 mfbm

The Madison’s Lumber Prices Index for the week ending july 12, 2024 is: US$369 mfbm The Madison’s Lumber Prices Index for the week ending July 12, 2024 is: US$369 mfbmThis is down -3%, or -$11, from the previous week when it was US$380. For information regarding the...

Lumber Prices Drop Further on Plentiful Supply

There was no notable increase in demand for lumber in advance of the dual Canada and US national holidays. Veteran players continued to shake their heads in wondering when, and/or if, there will be the usual seasonal lumber sales push at all this year. Indeed, at this...