Softwood Lumber Market Update: (Video) Feb 2021 Madison’s Lumber Reporter

Now reaching levels never seen before, in the week ending February 26, 2021, the price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr rose another +$28, or +3%, to US$1,040 mfbm, from $1,012 the previous week.

Last week’s price is +$42, or +4%, more than one month ago when it was $998.
Compared to the price one-year-ago, of US$446 mfbm, last week benchmark softwood lumber item Western S-P-F KD 2×4 #2&Btr was selling for US$1,040 mfbm which is +594, or +133% more.