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Madison’s Lumber Prices Index December 8, 2023: US$444 mfbm
The Madison’s Lumber Prices Index for the week ending december 8, 2023 is: US$444 mfbm The Madison’s Lumber Prices Index for the week ending December 8, 2023 is: US$444 mfbmThis is down by -1%, or -$3, from the previous week when it was US$447. For information regarding the construction of this Index (species mix, weighed…
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Lumber Prices Rise on Ongoing Supply Constraints
It is normal that the US Thanksgiving holiday marks the end of true construction season across North America, thus also lumber sales, and this year was no exception. However, given the discipline of sawmills over the past year to reduce production volumes and curtail in an effort to keep supply in line with demand, lumber…
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Madison’s Lumber Prices Index December 1, 2023: US$447 mfbm
The Madison’s Lumber Prices Index for the week ending december 1, 2023 is: US$447 mfbm The Madison’s Lumber Prices Index for the week ending December 1, 2023 is: US$447 mfbmThis is flat from the previous week when it was US$447. For information regarding the construction of this Index (species mix, weighed averages) please go here:…
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Limited Supply Keeps Lumber Prices Higher
As the US Thanksgiving holiday approached, which usually marks the end of significant-volume lumber sales for the year, ongoing limited supply and hungry customers kept wood prices higher. After the severe volatility of the previous couple of years, the trendline for lumber prices through 2023 was quite stable indeed. This provides sawmills with the ability…
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Madison’s Lumber Prices Index November 24, 2023: US$447 mfbm
The Madison’s Lumber Prices Index for the week ending November 24, 2023 is: US$447 mfbm The Madison’s Lumber Prices Index for the week ending November 24, 2023 is: US$447 mfbmThis is up by +2.5%, or +$11, from the previous week when it was US$436. For information regarding the construction of this Index (species mix, weighed…
