Tag: Softwood Lumber Prices

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Lumber prices dropped yet again at the end of March, as demand remained soft and customers skeptical. While sawmills were able to book order files out two weeks or longer, most buying remained just-in-time. Almost no one was stocking inventory, which is a bit odd given the time of year. Usually by the end of…

Into the end of March markedly improved weather across the continent perked up demand for lumber, pushing out sawmill order files to almost a month. As such, suppliers were able to boost prices higher. The annual spring break brought a noticeable absence of players, as families took off work while the kids were out of…

view the latest video of Madison’s Lumber Reporter softwood lumber prices and market update, toward the end of March 2023: Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates. In the week ending March 24, 2023, the price of Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$380 mfbm, which is…

The latest US housing starts and new home sales data, for February 2023, demonstrates ongoing demand, however at a requisite slowdown from the frantic momentum of the previous two years. In particular single-family homebuilding and permits rebounded in February, indicating that demand for housing still exceeds supply, a reason for optimism about building and selling sooner…