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...

Madison’s Lumber Prices Index July 5, 2024: US$380 mfbm

The Madison’s Lumber Prices Index for the week ending july 5, 2024 is: US$380 mfbm The Madison’s Lumber Prices Index for the week ending July 5, 2024 is: US$380 mfbmThis is down -1%, or -$4, from the previous week when it was US$384. For information regarding the...

Lumber Prices Go Lower as Summer Downtime Approaches

As the end of June loomed and the usual summer holiday slowdowns came into view, prices of many construction framing dimension softwood lumber commodities across North America dropped further. Veteran players shook their heads, questioning if the ongoing soft demand...

Lack of Spring Demand Drops Lumber Prices Further

Since mid-2022 when interest rates, especially mortgage lending rates, starting going up home builders and lumber buyers became extremely cautious in their purchasing of manufactured wood products. In general players avoided stocking up on lumber inventory, mostly out...

Madison’s Softwood Lumber Prices Index vs Futures

In mid-2022 the Chicago Mercantile Exchange launched updated Lumber Futures trading under a new ticker. Using the same species/product mix, Madison’s created an Index tracking that same market cash prices (print). The two-year graph below shows these concurrent data...

Madison’s Lumber Prices Index June 21, 2024: US$394 mfbm

The Madison’s Lumber Prices Index for the week ending june 21, 2024 is: US$394 mfbm The Madison’s Lumber Prices Index for the week ending June 21, 2024 is: US$394 mfbmThis is down -4.6%, or -$19, from the previous week when it was US$413. For information regarding the...