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Lumber Prices Continue Slide in Seasonal Buying Decline
A normal drop in orders for this time of year lead to sharp decreases in lumber prices. Recent sawmill curtailments — due to severe delivery delays and ongoing logistics problems — notwithstanding, lumber supply and inventories in the field increased to more healthy levels. Thus customers were in a better negotiating position than the past…
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Madison’s BC Coast Log prices: March 2022
At this time last year lumber prices started their skyrocket to absolutely unprecedented highs, where they stayed for a few weeks then fell way back down to the lows of 2019. For more details about the full report click here:https://madisonsreport.com/bc-coastal-log-prices/ This year those wild swings seem to be getting worked out, with lower highs and higher lows,…
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Lumber Prices Drop During Usual Seasonal Buying Slowdown
As recent supply-demand imbalance worked out, and for the usual time of year when buying slows, prices of most softwood lumber and panel commodities dropped significantly in the third week of May. Interestingly, this correlates almost exactly to where prices were at the end of June last year … both in trendline at actual price…
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Madison’s Sawmill Curtailment Lookout: May 2022
We hope you enjoy the very important timely information inside!This update is related to the fabulous Madison’s Lumber Directory, currently available with our good friends at Lumber Blue Book. Your trusted source for weekly softwood lumber prices and market updates, Madison’s Lumber Reporter, has launched something new: the monthly Madison’s Sawmill Curtailment Lookout. As a new product, we will be…
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Lumber Prices Remain Mostly Flat as Buying Volumes Ease
It was this same week last year when lumber prices reached an unimaginable all-time high, and stayed that way for a few short weeks before falling consistently through summer to almost meet the lows of 2019. As mentioned last week, this year prices are topping-out lower, and are bottoming-out higher. As industry and customers are…