After a somewhat rush of demand in recent weeks, sales of most North America construction framing dimension softwood lumber items slowed slightly into mid-November. Due to ongoing restricted supply, prices continued their upward trend of the past month or so. Producers looked toward the usual seasonal Holiday downtime as they made their manufacturing plans to…

The Madison’s Lumber Prices Index for the week ending november 22, 2024 is: US$505 mfbM The Madison’s Lumber Prices Index for the week ending November 22, 2024 is: US$505 mfbmThis is up +2%, or +$10, from the previous week when it was US$495.This is up +9%, or +$41, from one month ago when it was…

Single-family starts in the US dropped in October likely as Hurricanes Helene and Milton depressed activity in the South. Meanwhile, permits rose slightly, indicating that an anticipated rebound probably would be muted by higher mortgage rates. The Madison’s Lumber Prices Index for the week ending November 15, 2024 was US$495 mfbm. This is up +3%,…

In advance of the Remembrance Day holiday in Canada, this year a Monday so an actual long weekend, it seemed a form of supply-demand balance was reached for lumber. While benchmark Western S-P-F 2×4 prices continued to climb, Southern Yellow Pine 2x4s actually dropped. It is important to note that the run-up for SYP sales,…

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The Madison’s Lumber Prices Index for the week ending november 15, 2024 is: US$495 mfbM The Madison’s Lumber Prices Index for the week ending November 15, 2024 is: US$495 mfbmThis is up +3%, or +$14, from the previous week when it was US$481.This is up +11%, or +$50, from one month ago when it was…

REQUEST A SAMPLE: https://madisonsreport.com/products/lumber-price-dashboard/ The Madison’s Lumber Prices Index for the week ending November 8, 2024 is: US$481 mfbmThis is up +4%, or +$17, from the previous week when it was US$464.This is up +10%, or +$44, from one month ago when it was US$437. In the week ending November 8, 2024, the price of…

As November dawned, the extended habit of not stocking inventory and just-in-time buying once again caught customers short of necessary wood. The resultant strength of demand — while not massive volumes — was enough to push prices up further. Sawmills, emboldened by order files which grew from two weeks to almost five weeks, were able…

The Madison’s Lumber Prices Index for the week ending november 8, 2024 is: US$481 mfbM The Madison’s Lumber Prices Index for the week ending November 8, 2024 is: US$481 mfbmThis is up +4%, or +$17, from the previous week when it was US$464.This is up +10%, or +$44, from one month ago when it was…

Ongoing restricted supply coupled with an increase in demand popped up lumber prices during a time of year when business is usually slowing down. Industry players welcomed the more regular price movement along the usual seasonal trends, following the extreme volatility of 2020 to 2022. In this new landscape of a post-Covid world, buyers and…