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Raging Wildfires Hit Alberta as Winter Snow Barely Melted
The seemingly never-ending winter of 2022/23 had barely moved into spring when an enormous amount of forest fires broke out in Alberta. Raging wildfires forced the evacuation of roughly 25,000 residents, so far. At time of writing, more than 350,000 hectares burned since January 1st, compared to an average of 800 hectares by this time…
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Madison’s Lumber Prices Index: May 19, 2023
The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$390.5 mfbm The Madison’s Lumber Prices Index for the week ending May 19, 2023 is: US$390.5 mfbmThis is up by +0.5%, or +$2, from the previous week when it was US$388.4 To check the respective price trendlines, we decided to plot the…
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Madison’s Lumber Prices Index: A Powerful Tool for Data-Driven Decision Making (video)
view the video of Madison’s Lumber Reporter explaining the brand *new* Madison’s Lumber Prices Index: Madison’s Lumber Prices Index can signal upcoming changes and broad trends in the economy, which has tremendous value when examined across a period of time. Madison’s Lumber Reporter specializes in providing comprehensive insights to drive informed decision-making. With a team…
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Softwood Lumber Market Update: May 2023
view the latest video of Madison’s Lumber Reporter softwood lumber prices and market update, for mid-May 2023: Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending May 12, 2023, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was again US$360 mfbm,…
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Ongoing Soft Demand Keeps Lumber Prices Stable
May dawned to witness no particular increase in lumber demand. Supply remained good as sawmills had plenty of inventory on hand. Customer inquiries did improve, as is normal for the time of year, but was still along the levels of the past winter. Players wondered when ever would the spring construction season materialize for 2023.…
