As the dual Canada Day – US Independence Day long weekend arrived, most softwood lumber and panel prices stayed relatively flat compared to the previous week. This is the time of year when lumber demand starts to drop and prices either fall or remain flat. The large-volume buyers — the big US home builders —…

Chicago Mercantile Exchange will launch updated futures trading in August under the ticker LBR CME Group is set to launch a new lumber futures contract on August 8, 2022. The new derivative is said to feature a more precise hedging acumen and is designed to be more accessible to producers. The new futures are now…

The significant price cuts of the previous week were successful in spurring renewed demand for softwood lumber materials. Indeed, so successful that prices bounced almost back up to the levels of the week prior. While sales volumes still were not optimal, looming seasonal curtailments motivated somewhat reluctant customers to pull the trigger and buy. That…

We hope you enjoy the very important timely information inside!This update is related to the fabulous Madison’s Lumber Directory, currently available with our good friends at Lumber Blue Book. Your trusted source for weekly softwood lumber prices and market updates, Madison’s Lumber Reporter, has launched something new: the monthly Madison’s Sawmill Curtailment Lookout. As a new product, we will be…

New home building and permits for the first five months of this year are up compared to January to May of 2021. While month-over-month starts and permits are down in May compared to April, building and permits activity for the first five months of this year are up compared to January to May of 2021.…

After dropping quite a bit in recent weeks, many softwood lumber prices levelled off in mid-June as a modicum of supply-demand balance seemed to have been reached. Over the past two years as the lumber market reacted to big changes in external conditions, there was never-before-seen high price levels and volatility. It looks like the…

While month-over-month starts and permits are down in May compared to April, building and permits activity for the first five months of this year are up compared to January to May of 2021. After dropping quite a bit in recent weeks, many softwood lumber prices levelled off in mid-June as a modicum of supply-demand balance…

Here is a mini-snapshot SNEAK PEAK at tomorrow’s Madison’s Lumber Reporter print for benchmark WSPF R/L North American construction framing softwood lumber prices: Madison’s is your premiere source for North America home building construction framing softwood lumber news, prices, industry insight, and industry contacts. We have a variety of products to meet your information needs.…

As usual for this time of year, most large home builders and construction companies have received the wood needed for their projects, and lumber prices start dropping. It was this week last year when lumber prices reached previously never-imaginable highs and stayed that way for a few weeks before tumbling way back down, to the…

After severe drops in mid-2021 and again at the end of last year, Canadian sawmill capacity utilization rates continued recovering in March 2022. US sawmill production as a per cent of practical capacity for March 2022 dropped to 83%, compared to the same month last year when it was 85%, said the Western Wood Products…

A normal drop in orders for this time of year lead to sharp decreases in lumber prices. Recent sawmill curtailments — due to severe delivery delays and ongoing logistics problems — notwithstanding, lumber supply and inventories in the field increased to more healthy levels. Thus customers were in a better negotiating position than the past…

At this time last year lumber prices started their skyrocket to absolutely unprecedented highs, where they stayed for a few weeks then fell way back down to the lows of 2019.  For more details about the full report click here:https://madisonsreport.com/bc-coastal-log-prices/ This year those wild swings seem to be getting worked out, with lower highs and higher lows,…

As recent supply-demand imbalance worked out, and for the usual time of year when buying slows, prices of most softwood lumber and panel commodities dropped significantly in the third week of May. Interestingly, this correlates almost exactly to where prices were at the end of June last year … both in trendline at actual price…

We hope you enjoy the very important timely information inside!This update is related to the fabulous Madison’s Lumber Directory, currently available with our good friends at Lumber Blue Book. Your trusted source for weekly softwood lumber prices and market updates, Madison’s Lumber Reporter, has launched something new: the monthly Madison’s Sawmill Curtailment Lookout. As a new product, we will be…