-
Madison’s Lumber Prices Index Aug 2, 2024: US$394 mfbm
The Madison’s Lumber Prices Index for the week ending AUGUST 2, 2024 is: US$394 mfbm The Madison’s Lumber Prices Index for the week ending Aug 2, 2024 is: US$394 mfbmThis is up +2.6%, or +$10, from the previous week when it was US$384.This is up +7%, or +$25, from one month ago when it was…
-
Balanced Supply and Demand Brings Stable Lumber Prices
As 1H 2024 forestry data is released, the bigger picture of timber harvest volumes, log sales, lumber manufacturing, and lumber exports — together with madison’s price data — will well illuminate what to expect. As can be seen from the first graph at the top of this page; at this time two years ago lumber…
-
Madison’s Lumber Prices Index July 26, 2024: US$384 mfbm
The Madison’s Lumber Prices Index for the week ending july 26, 2024 is: US$384 mfbm The Madison’s Lumber Prices Index for the week ending July 26, 2024 is: US$384 mfbmThis is up +5%, or +$17, from the previous week when it was US$367.This is up +1%, or +$4, from one month ago when it was…
-
Lumber Buyers Maintain Cautious Attitude
The post-dual national holidays in Canada and the US did nothing to jolt an increase in lumber sales. As true summer weather is upon North America any hopes of a seasonal jump in demand for lumber did not materialize. Sawmills and wholesalers alike prepared to hang “Gone Fishing” signs at their desks, so little inquiry…
-
US Housing Market and Lumber Prices Update: July 2024
A dramatic drop in multi-family starts the previous month brought total housing starts for the US in May down significantly. The latest data release, for June, shows a bounce back in multi-family starts, which was enough to drive total housing starts back up. The Madison’s Lumber Prices Index for the week ending July 12, 2024…
