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Lumber Prices Rise on Supply Constraints

The ongoing strategy of North American sawmills reducing production and curtailing manufacturing volumes succeeded in reversing the usual seasonal drop of lumber prices. As November dawned, the supply-demand balance was such that lumber sellers were able to actually...

Madison’s Lumber Prices Index November 10, 2023: US$427 mfbm

The Madison’s Lumber Prices Index for the week ending November 10, 2023 is: US$427 mfbm The Madison’s Lumber Prices Index for the week ending November 10, 2023 is: US$427 mfbmThis is up by +5%, or +$21, from the previous week when it was US$406. For information...

Late-Season Pop in Sales Boosts Lumber Prices

As home building and construction activity across North America slows down into winter, and demand for solid wood materials also slows, lumber prices usually start to drop. Sometimes, if there is a boost in building, there might be a late-season pop in lumber prices....