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Hurricane Helene Impact on Lumber Supply: Oct 2024 (video)
REQUEST A SAMPLE: https://madisonsreport.com/products/lumber-price-dashboard/ LINKS TO DATA AND INFORMATION NOTED IN VIDEO: https://www.remodeling.hw.net/business/construction/construction-industry-at-the-eye-of-katrinas-aftermath?o=0https://publications.gc.ca/collections/Collection/Fo4-6-2005E.pdfhttps://www.cooperscully.com/uploads/seminars/Senter-HurricaneKatrinaPaperOnly.pdfhttps://abcnews.go.com/US/wireStory/homeowners-hit-hurricane-helene-face-grim-task-rebuilding-114524273https://www.americanprogress.org/article/in-the-wake-of-hurricane-helene-congress-must-invest-in-rebuilding-strong-prosperous-and-climate-resilient-communities/
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Changing Macro-Economic Conditions Dominate the Lumber Market
As September waned the focus of lumber commodity buyers shifted from replenishing their chronically lean inventories to macro-conditions The focus of lumber commodity buyers shifted from replenishing their chronically lean inventories to macro-conditions; such as looming interest rate cuts, the US Presidential election, and the potential work-stoppage at ports on the US eastern seaboard. Thankfully…
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Lumber Market Update: Early Oct 2024 (video)
REQUEST A SAMPLE: https://madisonsreport.com/products/lumber-price-dashboard/ In the week ending October 4, 2024, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$388 mfbm. This is down -$6, or -2%, from the previous week when it was $394.That week’s price is down -$16, or -4%, from one month ago when it was…
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Madison’s Lumber Prices Index Oct 4, 2024: US$424 mfbm
The Madison’s Lumber Prices Index for the week ending October 4, 2024 is: US$424 mfbM The Madison’s Lumber Prices Index for the week ending October 4, 2024 is: US$424 mfbmThis is down -0.5%, or -$2, from the previous week when it was US$426.This is down -3%, or -$14, from one month ago when it was…
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As Autumn Approaches Lumber Sales Volumes Stabilize
The annual seasonal lumber price trend is returning to the more predictable changes historically recognized by industry players. Producers and end-users alike are finally seeing some stability, which provides confidence and makes it easier to plan into the mid-term future. The big question on everyone’s minds, and the main driver to this ongoing attitude of…
