Tag: Softwood Lumber Prices

For the week ending Oct 24, total U.S. weekly rail traffic was 522,653 carloads and intermodal units, up +2% compared with the same week last year. Total carloads for the week ending October 24 were 227,543 carloads, down -6.5% compared with the same week in 2019, while U.S. weekly intermodal volume was 295,110 containers and…

Madison’s Monthly Softwood Log Prices and Forestry Data Table: September 2020 The British Columbia government announced in mid-September changes to the Manufactured Forest Products Regulation (MFPR), regarding export requirements for sawn-wood products, and Western Red Cedar and Cypress logs, which went into effect Sept. 30, 2020. These changes were intended to increase the amount of processing…

U.S. New Home Sales for September 2020 surge +32% year-on-year; September Existing Home Sales climb to a 14-Year high, up more than +9% compared to August, the fourth straight monthly increase Benchmark Softwood Lumber Prices Oct 2020 & US NEW Home Sales Sept 2020 While New Home Sales are the best indicator of recent lumber…

“What goes up must come down,” as the saying goes. Particularly when talking about markets. After holding firm for four weeks while most other species’ prices fell, the price of benchmark construction framing dimension softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr fell a not unexpected -$260, or -27%, to end last week at a…

After holding firm for several weeks while almost all other North American construction framing dimension softwood lumber commodity prices drop, the price of benchmark item Western Spruce-Pine-Fir KD 2×4 #2&Btr R/L finally dropped for the week of October 23, said weekly lumber price newsletter Madison’s Lumber Reporter. For the week ending October 23, 2020 the…