Softwood Lumber Market Update: June 2023


view the latest video of Madison’s Lumber Reporter softwood lumber prices and market update, for end of June 2023:

In the week ending June 23, 2023, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$406 mfbm. This is up by +$16, or +4%, from the previous week when it was $390, said weekly forest products industry price guide newsletter Madisonโ€™s Lumber Reporter.

That weekโ€™s price is up by +$49,ย or +14%,ย from one month ago when it was $358.

Compared to the same week last year, when it was US$535 mfbm, the price of Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) for the week ending June 23, 2023 was down by -$129, or -24%. Compared to two years ago when it was $1,048, that weekโ€™s price is down by -$642, or -61%.

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