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Post-Labour Day Brings Stable Lumber Prices
Read more: Post-Labour Day Brings Stable Lumber PricesHistorically for the softwood lumber and panel market, the week following Labour Day is the harbinger for what prices will be until the true seasonal slowdown arrives at US Thanksgiving. For the past two years, of course, the annual cycle of lumber price changes has not been anything approaching the historical trends. Could this year…
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Lumber Prices Drop as Labour Day Approaches
Read more: Lumber Prices Drop as Labour Day ApproachesAn old adage often used by Madison’s to explain the typical seasonal cycle of lumber prices is, “Labour Day is the beginning of the end and US Thanksgiving in the end of the end.” Meaning that lumber prices usually drop around Labour Day then keep falling until US Thanksgiving, which normally marks the lowest prices…
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US Housing Market July & Softwood Lumber Prices Aug: 2022
Read more: US Housing Market July & Softwood Lumber Prices Aug: 2022It is important to note that month-over-month starts and permits have indeed dropped, however new building and permits activity for the first seven months of this year were up compared to January to July 2021. The latest US housing starts and US new home sales data, for July 2022, continued the downward trend seen in…
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Most Lumber Prices Flatten on Holiday Slowdown
Read more: Most Lumber Prices Flatten on Holiday SlowdownAs we continue to enjoy summer bliss, the calendar moves inexorably into autumn. It is usual for this time of year for most lumber prices to be soft or softening, as most large-volumes buyers (IE: large US home builders) have received the wood they need for ongoing and expected projects. There is an interesting symmetry…
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After Steep Drop, Lumber Prices Recover Somewhat
Read more: After Steep Drop, Lumber Prices Recover SomewhatDuring these months of deep summer when construction activity is still going on but lumber sales slow because most retailers and end-user have received the wood they expect to need before 3Q, the lumber market generally finds new balance. There are, of course, other variables which affect solid wood prices during the summer season; such…
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Lumber Prices Dip as Seasonal Slowdown Arrives
Read more: Lumber Prices Dip as Seasonal Slowdown ArrivesMost softwood lumber and panel prices dropped significantly on a holiday-shortened week in Canada, as customers were well stocked with wood and producers faced shrinking order files. All of which is normal for this time of year. Something very interesting is that this current price matches very closely to the same week in 2020. Are…
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Madison’s Sawmill Curtailment Lookout: July 2022
Read more: Madison’s Sawmill Curtailment Lookout: July 2022We hope you enjoy the very important timely North America sawmill and lumber manufacturer information inside! This update is related to the fabulous Madison’s Lumber Directory, currently available with our good friends at Lumber Blue Book https://www.lumberbluebook.com/join-today-2/ Madison’s Sawmill Curtailment Lookout: July 2022 Your trusted source for weekly softwood lumber prices and market updates, Madison’s…
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US Housing Market and Lumber Prices: JULY 2022
Read more: US Housing Market and Lumber Prices: JULY 2022Click SUBSCRIBE here to get updates as-they-happen. Go to the website https://madisonsreport.com/subscribe/ to get a sample of the full 500 individual lumber and panel commodity prices for that week, as well as the market commentary explaining why the prices are changing. The latest US housing starts and US new home sales data, for June 2022,…
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Slower Mid-Summer Activity Brings Flat Lumber Prices
Read more: Slower Mid-Summer Activity Brings Flat Lumber PricesAs 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
Read more: Madison’s Mid-Year Lumber Market Update: CFI MagazineCheck 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
Read more: Lumber Prices and Market Update: July 2022Check 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
Read more: US Housing Market June & Softwood Lumber Prices July: 2022The 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
Read more: Most Lumber Prices Flat as Benchmark Items RiseThe 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…
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Steady Demand Pops Lumber Price Up Slightly
Read more: Steady Demand Pops Lumber Price Up SlightlyThe mid-point of the summer is past and usually at this time of year lumber sales soften quite bit, taking prices down as well. This year is not much different, except that most customers do not have excess inventory on hand as they had been holding off any unnecessary buying in the hopes that prices…
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Lumber Prices Firm Up Slightly as Field Inventories Stabilize
Read more: Lumber Prices Firm Up Slightly as Field Inventories StabilizeThe North American forest products manufacturing industry has entered the usual seasonal slower time; although everyone understands that the past two years have not been usual. Since late spring this year, as producers and customers were negotiating to find where softwood lumber price levels would be, the market correction downward did overshoot a little bit.…
