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Subscriber Perks – Lock in Your 2024 Rate
Last Chance to Lock in Your 2024 Rate! Time is running out! Lock in your 2024 subscription rate to Madison’s Lumber Reporter today and save 15% before prices increase in January. WHAT YOU GET: Secure YOUR Subscription Now: https://madisonsreport.com/subscribe/ View one of our customer’s testimonial . . . Special Offer: Don’t miss this chance to…
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Hurricane Helene Aftermath Drives up Southern Pine Prices
Hurricane Helene cut a path much further inland than is normal for such storms, affecting areas which do not typically have this type of weather event. As a result, Florida, Georgia, North Carolina, and Tennessee all suffered significant damage to infrastructure; specifically transportation and power supply. There are three major sawmills in these areas; two…
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Madison’s Lumber Prices Index Oct 11, 2024: US$426 mfbm
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Hurricane Helene Impact on Lumber Supply: Oct 2024 (video)
REQUEST A SAMPLE: https://madisonsreport.com/products/lumber-price-dashboard/ LINKS TO DATA AND INFORMATION NOTED IN VIDEO: https://www.remodeling.hw.net/business/construction/construction-industry-at-the-eye-of-katrinas-aftermath?o=0https://publications.gc.ca/collections/Collection/Fo4-6-2005E.pdfhttps://www.cooperscully.com/uploads/seminars/Senter-HurricaneKatrinaPaperOnly.pdfhttps://abcnews.go.com/US/wireStory/homeowners-hit-hurricane-helene-face-grim-task-rebuilding-114524273https://www.americanprogress.org/article/in-the-wake-of-hurricane-helene-congress-must-invest-in-rebuilding-strong-prosperous-and-climate-resilient-communities/
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Changing Macro-Economic Conditions Dominate the Lumber Market
As September waned the focus of lumber commodity buyers shifted from replenishing their chronically lean inventories to macro-conditions The focus of lumber commodity buyers shifted from replenishing their chronically lean inventories to macro-conditions; such as looming interest rate cuts, the US Presidential election, and the potential work-stoppage at ports on the US eastern seaboard. Thankfully…
