Lumber Prices and Market Update: March 15, 2024 [video]

In the week ending March 8, 2024, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$452 mfbm, which is flat from the previous week.

This is up by +$8, or +2%, from one month ago when it was $444.
Compared to the same week last year, when it was US$364 mfbm, this price was up by +$88, or +24%. Compared to two years ago when it was $1,400, that week’s price is down by -$948, or -68%.