Tag: madisons lumber reporter

August 13, 2021 — The big softwood lumber market correction of summer 2021 continued, however the drops in some benchmark lumber prices slowed while others corrected upward yet more. Underpinning overall market conditions was ongoing quite strong US construction activity and very severe wildfires in the important timber supply baskets of British Columbia and the…

“What Goes Down Comes Back Up” Here is a SNEAK PEAK at tomorrow’s print for North American construction framing softwood lumber and panel prices. The full Madison’s Lumber Reporter North America softwood lumber price list of 450 individual lumber and panel commodity items is updated overnight Thursdays. Stay up-to-date on these weekly lumber price updates,…

North America softwood lumber production volumes and sawmill capacity utilization rates released by Western Wood Products Association (www.wwpa.org) show: US lumber production for Jan – May 2021 up +5.9% compared to the first five months of 2020. Canada lumber production for up +15.3% compared to one year ago. British Columbia lumber production up +24% in…

After reaching a record US$374,400 in May, the median sales price of a new home in the US moderated down to US$361,800. A phenomenal 76% of homes sold last month were either under construction or yet to be built. There were 676,000 new homes on the market in June, down -6.6% from 724,000 in May.…

Is the softwood lumber supply-demand balance reaching equilibrium? We will only know in the coming weeks … check back often: SUBSCRIBE TO MADISON’S: https://madisonsreport.com/subscribe/ Compared to the price one-year-ago, when it was US$746 mfbm, for the week ending August 13, 2021, the price of Western S-P-F KD 2×4 was down by -$307 or -41%. Madison’s…