Into the month of March, lumber industry players hoped a balance of supply and demand had been reached, so price volatility settles down and true volumes of lumber are sold this spring. The inventory of homes on the market continued extremely tight, as many multiples of buyers showed interest in each single listing. Thus as…

Still hot demand and relentless delivery delays served to pop up lumber prices yet higher. Buyers scoured their supplier contacts for anyone who might have the wood they need on hand at acceptable price levels. Inventories throughout the supply chain remained low to non-existent. A lot of time continued to be spent searching out the…

Canadian and US Biomass Fuel Investments Increase For details about this report click here: https://madisonsreport.com/products/madisons-north-american-heating-wood-pellet-price-report/ Resolute Acquires Biomass, Other Wood Products Interests Quebec-based Resolute Forest Products recently announced two separate acquisitions as the company grows its wood products operations portfolio. Resolute reached a $50 million agreement with Louisiana-Pacific Corp. to buy out the latter’s 50…

Some lumber prices popped up slightly while others dropped a bit, as customers and suppliers were able to hammer out agreeable price levels for 2022. For more details about the full report click here: https://madisonsreport.com/bc-coastal-log-prices/ The question on everyone’s minds, since before the end of last year, was: were the seemingly very high prices of…

Due to the British Columbia railway and highway washouts and mudslides in November, Canadian lumber production and capacity utilization rates fell drastically in December 2021. Full-year 2021 softwood lumber production volumes across North America, however, improved somewhat over 2020. Full-year sawmill capacity utilization rates across North America recovered from drops in 2020, but remained low…

As the month drew to a close and players recovered from the shock of a big pop in lumber prices two weeks ago, for the week ending February 25 these price increases slowed down. This is not saying much, as the trend line seems to be heading toward those incredible highs in spring of last…

Click SUBSCRIBE here to get updates as-they-happen.Go to the websitehttps://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. After climbing to record-level highs during the second half of last year, sales of new homes in…

The Association of American Railroads (AAR) reported March 2 reported US and Canada rail traffic for the week ending February 26, 2022, as well as volumes for February 2022. US railroads originated 1,945,646 combined carloads and intermodal units for the month of February 2022, up +5.7%, or 104,819 units combined, from the same month one…

January starts of single-family housing, the largest share of the market and construction method which uses the most wood, continued the decreases of December 2021 when it was to 1.182 million, down by another -5.6% to 1.116 million annualized. January 2022 single-family permits, however, jumped by +6.8% compared to one year ago, when it was…

Most lumber prices rose by a noticeable margin in the week ending February 18, as ongoing strong demand and relentless delayed deliveries prompted customers who had been waiting on the sidelines to step in and buy. Due to still-lengthening order files, sawmills were able to hold their ground on prices. Some items, which had risen…

Check back with the Madison’s website www.madisonsreport.com often for the latest updates for the latest developments and updates. In the week ending February 25, 2022, the price of benchmark dimension construction framing softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$1,350 mfbm. This is up by +$20, or +2%, from the previous week…

The U.S. Census Bureau and the US Department of Housing and Urban Development released February 24 new home sales and new house price data. New home sales comprise 10% of real estate activity and are considered a leading housing market indicator as they are recorded when contracts are signed. After climbing to record-level highs during…

Some lumber prices popped up slightly while others dropped a bit, as customers and suppliers were able to hammer out agreeable price levels for 2022. The question on everyone’s minds, since before the end of last year, was: were the seemingly very high prices of 2021 a significant anomaly, or is that the “new normal?”…

After relentless increases for the second half of last year, North America construction framing dimension softwood lumber prices reversed their rises during January 2022. Ongoing strong demand, however, served to prop prices up again at the beginning of February. Home building activity slowed somewhat as harsh winter weather hit across the continent and supply chain…

The latest North America Oriented Strand Board and Plywood prices, and market commentary explaining supply and demand conditions behind these price updates. SUBSCRIBE TO MADISON’S: https://madisonsreport.com/subscribe/ Historical ComparisonIn the week ending February 11, 2022, the price of Canadian Softwood Plywood – 3/8 – FOB Toronto was C$1,350 msf. This is up by +$75, or +6%,…