Madison’s Western SPF Lumber Prices Oct 24: 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 benchmark WSPF prices: After rising +$2 last week,

The price of benchmark softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr climbed further this week, Oct 24, 2019, up +$8 to US$378 mfbm; Utility/#3 grade 2×4 gained +$8 to US$250 mfbm.

Madison’s Lumber Reporter
Western Spruce KD 2x4 #2&Btr prices OCT 2019

This week’s lumber market story published to the website Tuesday: Softwood Lumber Prices Moderate Downward Over One-Month-Ago/

“After a quiet Monday the previous week, sellers of Kiln-Dried Douglas-fir commodities reported last week a noticeable groundswell of demand which resulted in higher sales volumes. Demand only got better as the week wore on.
Buyers repeatedly returned to the table, sensing a strengthening trend of the market, so finally filled gaping holes in their inventories.
Sawmills in the Pacific NorthWest pushed their order files on dimension items into the month of November, while production times for studs were still roughly at a week out.” — Madison’s Lumber Reporter

Madison's Historical Softwood Dimension Lumber Price Comparison Table OCT 2019