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Madison’s Lumber Prices Index Sept 27, 2024: US$426 mfbm
The Madison’s Lumber Prices Index for the week ending september 27, 2024 is: US$426 mfbm The Madison’s Lumber Prices Index for the week ending September 27, 2024 is: US$426 mfbmThis is down -2%, or -$7, from the previous week when it was US$433.This is down -2%, or -$8, from one month ago when it was…
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Benchmark Lumber Price Meets Level of Same Week One Year Ago
In mid-September some big questions about what is happening with the lumber market and lumber prices were answered; when the benchmark lumber price reached the exact amount of the same week in 2023. The sales price (FOB sawmill) of Western Spruce-Pine-Fir KD 2×4 #2&Btr was US$410 mfbm, just as it was in mid-September last year.…
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Madison’s Lumber Prices Index Sept 20, 2024: US$433 mfbm
The Madison’s Lumber Prices Index for the week ending september 20, 2024 is: US$433 mfbm The Madison’s Lumber Prices Index for the week ending September 20, 2024 is: US$433 mfbmThis is down -1%, or -$5, from the previous week when it was US$438.This is up +1%, or +$5, from one month ago when it was…
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Labour Day Long Weekend Provides No Boost to Lumber Sales
The enduring extremely low inventory levels of lumber throughout the supply chain served to raise prices somewhat after the seasonal turning-point of Labour Day, but demand remained tepid at best. Into the beginning of September the benchmark lumber commodity WSPF 2×4 price approached quite close to the same week last year, potentially providing indication of…
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Forestry and Lumber Market: Sept 2024 (video)
Explanation of current market conditions including details of why prices are where they are. Deeper dive into the supply-demand situation and what is happening operationally at the sawmills, to provide a forward look at expectations. Check back with the Madison’s website www.madisonsreport.com often for the latest developments and updates.The lumber market is seeing a notable…
