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Softwood Lumber Prices Moderate Downward Over One-Month-Ago
Last week Western Spruce-Pine-Fir KD 2×4 #2&Btr rose +$2 to close at US$370 mfbm. Last week’s price is -$12 less than it was one month ago. However compared to one year ago, when it was US$356 mfbm, this price is up +$14, or almost +4%. In a time when literally no one knows what is…
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Province Specific Impacts of the 2006 United States-Canada Softwood Lumber Agreement: A Seemingly Unrelated Regression Approach
In November 2016 Madison’s was co-author of an economics study on the impacts of the 2006 Canada-US Softwood Lumber Agreement on each of Canada’s provincial forest industries: The full report “Province Specific Impacts of the 2006 United States-Canada Softwood Lumber Agreement: A Seemingly Unrelated Regression Approach” is available for a small fee here: https://www.sciencedirect.com/science/article/pii/S1389934117303209 AbstractIn…
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US Home Building, Canada Lumber Production: 3Q 2019
The Case-Shiller US National Home Price Index, reported September 24 by S&P Dow Jones Indices, rose at a seasonally adjusted annual growth rate of +3.2% in July 2019, following an increase of +3.4% in June. On a year-over-year basis, the Case-Shiller U.S. National Home Price NSA Index rose by +3.3% in July.See Full Details Here:…
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Madison’s WSPF Lumber Prices Oct 17: sneak preview
The full North America softwood lumber price list will be updated as usual first thing Friday morning Eastern time, however here is a sneak peak at benchmark WSPF prices: After dropping -$8 last week, The price of benchmark softwood lumber item Western Spruce-Pine-Fir KD 2×4 #2&Btr rose +$2 this week to US$370 mfbm; Utility/#3 regains…
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Benchmark Softwood Lumber Price Loses Ground, Specialty Item Prices Tank
The price of benchmark construction framing dimension softwood lumber commodity Western Spruce-Pine-Fir KD 2×4 #2&Btr dropped another -$8 last week as customer reluctance to buy won over supplier stubbornness to keep prices higher. For their part, many specialty items like Douglas fir green, studs in Eastern Canada, and plywood, dropped significantly as players were better…
