Category: Weekly Softwood Lumber Blog

In Canada and the US, the interplay between timber harvest, log availability, log costs, and lumber production is as murky — and fascinating — as the interplay between lumber manufacturing and sales / prices, and construction activity. Full-year 2021 data is out for the supply side of the lumber industry. This data clearly demonstrates why…

Softwood lumber buyers and sellers wrestled with price levels. While inventories in the field remained light, many customers were still waiting for wood they had ordered weeks ago, so were reluctant to buy given ongoing higher prices. Some secondary suppliers, at reloads and wholesalers, were offering wood at a discount to producers. Sawmill order files…

North America softwood lumber production volumes and sawmill capacity utilization rates released by Western Wood Products Association (www.wwpa.org) show: For full-year 2021 softwood lumber production in the US was flat compared to 2020, at 37,153 mmfbm. Softwood lumber production in Canada for 2021 it was up +3%, to 23,711 mmfbm, compared to 2020. British Columbia,…

After dropping last month, February starts of single-family housing, the largest share of the market and construction method which uses the most wood, was 1.215 million annualized, up by +5.7% compared to January. Building permits are generally submitted two months before the home building is begun, so the expectation is that April single-family starts will…

Much-welcomed stability in lumber pricing arrived for the week ending March 18, 2022 Check back with the Madison’s website www.madisonsreport.com often for the latest updates for the latest developments and updates. Much-welcomed stability in pricing arrived for the week ending March 18, 2022, when the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr…