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Slower Mid-Summer Activity Brings Flat Lumber Prices
As July waned, lumber prices remained flat but players warned that muted demand and ample supply could mean lower prices on the horizon. Field inventories were strong and transportation issues — while still frustrating — were getting worked out. Highly populated areas of traditionally significant building activity turned quiet as scorching temperatures prevented most construction…
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Madison’s Mid-Year Lumber Market Update: CFI Magazine
Check out Madison’s Lumber Reporter in this month’s issue of the Canadian Forest Industries magazine print edition: https://mydigitalpublication.com/publication/?m=853&i=755078&p=36&ver=html5 We are also on Page 8, a snippet from the fabulous monthly Madison’s Sawmill Curtailment Lookout: Check back often … there are many informative and timely updates to come.
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Lumber Prices and Market Update: July 2022 [video]
Check back with the Madison’s Lumber Reporter website often for the latest updates for the latest developments and updates. In the week ending July 29, 2022, the price of WSPF 2×4 #2&Btr KD (RL) was US$684 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by $0, or 0%, from…
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US Housing Market June & Softwood Lumber Prices July: 2022
The latest US housing starts and US new home sales data, for June 2022, continued the downward trend seen in May, when mortgage and interest rate increases hit the housing market. It is true that a slow-down is apparent in both construction and home buying activity, it is important to note that while month-over-month starts…
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Most Lumber Prices Flat as Benchmark Items Rise
The North American construction framing dimension softwood lumber market has found even footing at this mid-summer 2022. Prices on almost all lumber and panel items remained flat, with some benchmark commodities rising slightly. A big change coming to how lumber futures are traded on the Chicago Mercantile Exchange has many players excited. The recent increase…
