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Lumber Market Update
  • Madison’s Weekly Softwood Lumber Prices: May 19, 2020

    Prices updated May 19, 2020 (CLICK TABLE TO ENLARGE) MADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT: Key comment: “Demand in both the West and the East was robust, as order files at sawmills stretched out and most prices advanced further.”

    Read more: Madison’s Weekly Softwood Lumber Prices: May 19, 2020
    May 19, 2020

    Madison’s Lumber Reporter

  • US Home Improvement & Remodelling Activity: 1Q 2020

    A recent report by the Harvard Joint Center for Housing Studies shows US home remodelling punches above its weight in the ratio of it’s contribution to US total GDP, compared to new home building.Over 50% of US housing is now over 40 years old and the average price tag is getting a lot bigger, at:…

    Read more: US Home Improvement & Remodelling Activity: 1Q 2020
    May 15, 2020

    Madison’s Lumber Reporter

  • North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: February 2020

    The latest issue of the Western Wood Products Association’s monthly Lumber Track, for February 2019 – February 2020, shows US lumber production volumes continued previous improvement, this time up by +4.2% over the previous year, to 6,108 mmfbm.February 2019 – February 2020 Canada softwood lumber production has not yet been released by Statistics Canada, but…

    Read more: North America Softwood Lumber Production, Sawmill Capacity Utilization, WWPA: February 2020
    May 14, 2020

    Madison’s Lumber Reporter

  • Softwood Lumber Prices Bounce Higher Than in May 2019

    Suppliers of Western SPF commodities in the United States were cautiously optimistic to start the month of May. Both primary and secondary suppliers reported a positive tone to the market. Producers extended the bulk of their sawmill order files into late-May. Sales activity of most commodities was solid, with 2×6 #2&Btr R/L the only item…

    Read more: Softwood Lumber Prices Bounce Higher Than in May 2019
    May 13, 2020

    Madison’s Lumber Reporter

  • Many Softwood Lumber Prices Surpass Levels of the Same Week Last Year

    North American construction framing dimension softwood lumber prices last week improved greatly over those one-month-ago, even surpassing what prices were in May 2019. The wholesaler price of benchmark softwood lumber commodity item Western Spruce-Pine-Fir KD 2×4 #2&Btr (RL) last week was US$354 mfbm (net FOB sawmill), catapulting up +$22, or almost +7%, compared to the…

    Read more: Many Softwood Lumber Prices Surpass Levels of the Same Week Last Year
    May 12, 2020

    Madison’s Lumber Reporter

  • Canada and US Railcar Loadings: to May 2, 2020

    The Association of American Railroads (AAR) on May 6 reported total US weekly rail traffic for the week ending May 2, 2020 was 416,954 carloads and intermodal units, down -22% compared with the same week last year. Total carloads for that week were 189,190 carloads, down -29% compared with the same week in 2019, while…

    Read more: Canada and US Railcar Loadings: to May 2, 2020
    May 11, 2020

    Madison’s Lumber Reporter

  • Madison’s Weekly Softwood Lumber Price Snippet:

    MADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT: Key comment: “Western S-P-F prices continued to push higher as construction in the US and Canada opened up.” Prices updated May 11, 2020 (CLICK TABLE TO ENLARGE)

    Read more: Madison’s Weekly Softwood Lumber Price Snippet:
    May 11, 2020

    Madison’s Lumber Reporter

  • Madison’s Western S-P-F Lumber Prices May 8: sneak preview

    The full Madison’s Lumber Reporter North America softwood lumber price list will be updated as usual first thing Friday morning Eastern time, however here is a SNEAK PEAK at tomorrow’s benchmark Western Spruce-Pine-Fir (WSPF) prices: After some recovery from steep drops in April last week,The wholesaler price of benchmark softwood lumber item Western Spruce-Pine-Fir KD…

    Read more: Madison’s Western S-P-F Lumber Prices May 8: sneak preview
    May 7, 2020

    Madison’s Lumber Reporter

  • Some Softwood Lumber Prices Recover From Recent Drops

    Improved demand and continued restricted supply last week brought some North American construction framing dimension softwood lumber prices back up to levels of one-month-ago, and indeed to match exactly what prices were at this time last year. The wholesaler price of benchmark softwood lumber commodity item Western Spruce-Pine-Fir KD 2×4 #2&Btr (RL) last week gained…

    Read more: Some Softwood Lumber Prices Recover From Recent Drops
    May 6, 2020

    Madison’s Lumber Reporter

  • MADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT:

    Key comment: “Buyers in active construction markets scrambled to secure limited supply.” Prices updated May 5, 2020 (CLICK TABLE TO ENLARGE)

    Read more: MADISON’S SOFTWOOD LUMBER MARKET WEEKLY COMMENT:
    May 5, 2020

    Madison’s Lumber Reporter

  • Latest EIA Bioenergy Forecast: North America Heating Wood Pellets

    The US Energy Information Administration recently released its latest Short-Term Energy Outlook (STEO), forecasting a decline in electricity usage this year. Total US electric power generation is anticipated to drop by 3 per cent in 2020, mostly in the form of fossil-fuel energy production. The report forecasts a 20 per cent decline in coal-fired power…

    Read more: Latest EIA Bioenergy Forecast: North America Heating Wood Pellets
    May 1, 2020

    Madison’s Lumber Reporter

  • Madison’s North America Lumber and Sawmill Update: Jan 2020

    Western US sawmills production of softwood lumber down -2.3 percent in January 2020 Western US sawmills produced 1.245 bbf of softwood lumber in January, down -2.3 percent from January 2019 when output was 1.275 bbf, but up +10 percent compared with December 2019’s 1.132 bbf, according to the Western Wood Products Association (WWPA) Coastal mills…

    Read more: Madison’s North America Lumber and Sawmill Update: Jan 2020
    May 1, 2020

    Madison’s Lumber Reporter

  • Softwood Lumber Prices Bounce Off Lows of Two Weeks Ago

    As Madison’s said in mid-April, “only in the future will we know” if North America construction framing dimension softwood lumber prices reached the bottom, or if they would fall further. Given the wee surge last week, we now know that prices have bounced from those lows of two weeks ago. Whether they will remain there…

    Read more: Softwood Lumber Prices Bounce Off Lows of Two Weeks Ago
    April 30, 2020

    Madison’s Lumber Reporter

  • UBC Forestry professor receives ‘Nobel Prize of Forest Research’

    Marcus Wallenberg Prize supports research on how forests respond to climate change VISUALS LINK FOR MEDIA USE The Faculty of Forestry at University of British Columbia has announced faculty member and Canada Research Chair in Remote Sensing (I), Nicholas Coops, is the recipient of the world’s most prestigious forestry honour, the Marcus Wallenberg Prize.With this distinction, UBC…

    Read more: UBC Forestry professor receives ‘Nobel Prize of Forest Research’
    April 29, 2020

    Madison’s Lumber Reporter

  • Softwood Lumber Prices Fall More Slowly or Remain Steady

    In contrast to the sharp plummets of recent weeks, most North American construction framing dimension softwood lumber prices either remained steady or dropped by smaller increments last week as distributors had decent demand from end-users. Supply remained limited to tight, and sawmills held firm on price lists from the previous week as their order files…

    Read more: Softwood Lumber Prices Fall More Slowly or Remain Steady
    April 23, 2020

    Madison’s Lumber Reporter

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