Madison’s Weekly Softwood Lumber Prices

Is the construction home building wood panel (Oriented Strand Board (OSB) and Plywood) supply-demand balance reaching equilibrium? We will only know in the coming weeks … check back often. Compared to the price one-month-ago, when it was C$1,539 msf, for the week ending July 16, 2021, the price of Canadian Softwood Plywood Toronto 9.5mm was […]

Is the softwood lumber supply-demand balance reaching equilibrium? We will only know in the coming weeks … check back often: SUBSCRIBE TO MADISON’S: https://madisonsreport.com/subscribe/ Compared to the price one-year-ago, when it was US$554 mfbm, for the week ending July 16, 2021, the price of Western S-P-F KD 2×4 was up by +$1. Madison’s Products: https://madisonsreport.com/products/

US housing starts for June 2021 jumped +6.3% compared to May, at a seasonally adjusted annual rate of 1.643 million. This is the highest in three months amid strong demand from buyers, elevated materials costs, and a shortage of qualified workers. US Housing Total and 1-Unit Starts June & Benchmark Softwood Lumber Prices July: 2021 […]

July 8, 2021 — The big drops in lumber prices which started around the dual holidays of Victoria Day in Canada and Memorial Day in the US continued for five weeks, until the dual national holidays at the beginning of July. In the following week most lumber commodity prices were essentially flat, indicating a possible […]

JACKSONVILLE, Fla.–(BUSINESS WIRE)–Rayonier Advanced Materials Inc. (NYSE:RYAM) plans to release its second quarter 2021 earnings on Tuesday, August 3, 2021, after the market closes. Rayonier Advanced Materials will host a conference call and live webcast at 10:00 a.m. ET on Wednesday, August 4, 2021 to discuss these results. Supplemental materials and access to the live […]

Continuing to recover to the higher levels seen in March, for April 2021 softwood lumber production volumes in the United States and Canada increased yet more. Sawmill capacity utilization rates in the United States and in Canada improved substantially. Showing more improvement after the gains in March, for January to April 2021 softwood lumber production […]

The Association of American Railroads (AAR) reported July 7 US and Canadian rail traffic volumes for the week of July 3, 2021. For some rail traffic categories, percentage changes for the current week compared with the same week in 2020 are inflated due to the widespread shutdowns — and subsequent large reduction in rail volumes […]

Here is a SNEAK PEAK at tomorrow’s print for North American construction framing softwood lumber and panel prices: After dropping a total of -52.5% from the all-time record high of US$1,600 mfbm — which had held for several weeks — this week the wholesaler price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir […]

SUBSCRIBE TO MADISON’S: https://madisonsreport.com/subscribe/ Lumber prices wavered slightly before falling dramatically in the past two weeks. Now that price quotes are approaching something reasonably close to what sticker-shocked customers might want to pay, sales volumes are improving. Have suppliers and buyers found the sweet spot where lumber prices will settle until the weather turns winter-like […]

Key comment: “Douglas-fir and sheet goods’ prices continued to hold on comparatively while the rest of the market cratered further.” Prices reflect week of June 17, 2021 (CLICK TABLE TO ENLARGE)