Prices of several Canadian wood products had risen in recent weeks to take into account the big jump in softwood lumber duties. That price increase was only at about 12% (compared to July), a small portion of the new 35% duty. In comparison, prices of the southern species remained quite flat, which is normal for…

REQUEST A SAMPLE: https://madisonsreport.com/products/lumber-price-dashboard/ Deep dive into softwood lumber prices and market update for the middle of August 2025.

The province’s new timber allocation rules set to replace historic supply agreements with auction sales, raising concern across the forestry sector The Government of Quebec’s proposed overhaul of its forestry regime, Bill 97, is now at the centre of one of the province’s most heated debates. Since being tabled in April 2025, the legislation has…

As Canadian operators were off for the August long weekend holiday, sales of lumber across North America remained muted. Customers in the US south had pre-ordered wood from the north and west to arrive before the full force of softwood lumber duty came into effect this month. Demand flowed mostly to reloads and wholesalers, with…

The enormous increases in the softwood lumber duty on Canadian wood shipments into the US finally arrived. This during a normal slower time for both housing construction activity and sawmill manufacturing. As hot summer weather across most of the continent sent folks off to vacation, lumber industry players worked out their responses to this additional…

Hot weather across many parts of the continent brought the usual slow-down in construction activity, as well as at manufacturing facilities. Workers fled both offices and industrial sites to enjoy some time off. Due to continuing weak inventories and generally diminished supply, lumber prices were mostly firm or slightly up. Sales volumes, however, were uninspiring.…

Into mid-July, softwood lumber buyers across the US and Canada had to cast a wide search to find wood. Only those with immediate needs made purchases, looking mostly at smaller producers and secondary suppliers. Discounts on Western-SPF low grade and industrial stock, which were slow to move, suddenly appeared on sawmill price lists. Sparse on-ground…

Following the dual national holiday long weekends for Canada and the US, sales of softwood lumber reached their usual mid-summer torpor. Most conversations were about the previously-announced sizeable increase in lumber duties on Canadian wood entering the US, expected to come in August. As true summer heat arrived in the east, Quebec entered its annual…