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Most Lumber Prices Crest Level of Same Week Last Year
Following the Thanksgiving long weekend in Canada and Columbus Day in the US, sales of softwood lumber in that shortened week improved somewhat among ongoing lower supply. Prices responded accordingly; rising slightly on almost all construction framing commodity items. As well, sawmill order files stretched out another week or so into mid-November. The price trendline…
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Madison’s Lumber Prices Index Oct 25, 2024: US$445 mfbm
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Lumber Market Update: Mid-Oct 2024 (video)
REQUEST A SAMPLE: https://madisonsreport.com/products/lumber-price-dashboard/ In the week ending October 18, 2024, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$402 mfbm. This is up +$14, or +4%, from the previous week when it was $388. That week’s price is down -$2, or -0%, from one month ago when it…
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Severe Weather Events Disrupted Transportation and Knocked Out Power
The destruction far inland from Hurricane Helene in locations not typically experiencing this kind of severe weather was nowhere near being fixed more than a week later. There was still significant areas without power, and work crews had not yet begun to rebuild the large amount of road damage. Lumber customers and resellers alike, who…
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Madison’s Lumber Prices Index Oct 18, 2024: US$437 mfbm
