Spot Lumber Prices … a New Low?

An interesting question among North American construction framing dimension softwood lumber wholesalers and traders Friday:

“Spot #lumber prices lowest in how many years?” –– veteran softwood lumber trader

Western SPF and Southern Yellow Pine KD 2x4 #2&Btr dimension lumber prices 1980 - May 2019
SOURCE: Madison’s Lumber Reporter

It might be a difficult time right now for producers and sellers of Canadian and US softwood lumber, but it’s nothing compared to 2009 and certainly not compared to 1982. Or, put another way:

Western Spruce-Pine-Fir KD 2x4 #2&Btr Wholesaler (net FOB sawmill) Lumber Prices: May 2019 Compared to Previous Week/Month/Year
SOURCE: Madison’s Lumber Reporter

More on this important subject coming soon!