Lumber Market Update: Mid-May 2024 [video]


In the week ending May 10, 2024, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$383 mfbm which is flat from the previous week. This week’s price is down -$47, or -11%, from one month ago when it was $430. When compared to the same week last year, when it was $360, this week’s price is up +$23, or +6%. Compared to two years’ ago when it was $1,110, this week’s price is down -$727, or -65%.

In the week ending May 10, 2024, the price of Southern Yellow Pine East 2×4 #2&Btr KD (RL) was US$340 mfbm. This is up +$10, or +3%, from the previous week when it was $330 and is down -$18, or -5%, from one month ago when it was $358. When compared to the same week last year, when it was $510, this week’s price is down -$170, or -33%. Compared to two years ago when it was $825, this week’s price is down -$485, or -59%