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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 construction of this Index (species mix, weighed averages)…
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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 construction of this Index (species mix, weighed averages)…
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Madison’s Lumber Prices Index June 28, 2024: US$384 mfbm
The Madison’s Lumber Prices Index for the week ending june 28, 2024 is: US$384 mfbm The Madison’s Lumber Prices Index for the week ending June 28, 2024 is: US$384 mfbmThis is down -2.5%, or -$10, from the previous week when it was US$394. For information regarding the construction of this Index (species mix, weighed averages)…
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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 sets correlate very nicely: This demonstrates a much more reliable symmetry between prices of Futures and…
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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 construction of this Index (species mix, weighed averages)…
