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Lumber Prices Moderate Toward Same Level as One Year Ago
As July drew to a close the past long-time habit of cautious buying seemed to be fading, as a good number of customers got off the fence and made substantial lumber purchases. Because there continued to be weak field inventories, even wholesalers and reloads had to put their orders in at sawmills. This demand pushed…
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Madison’s Lumber Prices Index Aug 2, 2024: US$394 mfbm
The Madison’s Lumber Prices Index for the week ending AUGUST 2, 2024 is: US$394 mfbm The Madison’s Lumber Prices Index for the week ending Aug 2, 2024 is: US$394 mfbmThis is up +2.6%, or +$10, from the previous week when it was US$384.This is up +7%, or +$25, from one month ago when it was…
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Balanced Supply and Demand Brings Stable Lumber Prices
As 1H 2024 forestry data is released, the bigger picture of timber harvest volumes, log sales, lumber manufacturing, and lumber exports — together with madison’s price data — will well illuminate what to expect. As can be seen from the first graph at the top of this page; at this time two years ago lumber…
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Madison’s Lumber Prices Index July 26, 2024: US$384 mfbm
The Madison’s Lumber Prices Index for the week ending july 26, 2024 is: US$384 mfbm The Madison’s Lumber Prices Index for the week ending July 26, 2024 is: US$384 mfbmThis is up +5%, or +$17, from the previous week when it was US$367.This is up +1%, or +$4, from one month ago when it was…
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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 “Gone Fishing” signs at their desks, so little inquiry…
