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Changing Macro-Economic Conditions Dominate the Lumber Market
As September waned the focus of lumber commodity buyers shifted from replenishing their chronically lean inventories to macro-conditions The focus of lumber commodity buyers shifted from replenishing their chronically lean inventories to macro-conditions; such as looming interest rate cuts, the US Presidential election, and the potential work-stoppage at ports on the US eastern seaboard. Thankfully…
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Lumber Market Update: Early Oct 2024 (video)
REQUEST A SAMPLE: https://madisonsreport.com/products/lumber-price-dashboard/ In the week ending October 4, 2024, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$388 mfbm. This is down -$6, or -2%, from the previous week when it was $394.That week’s price is down -$16, or -4%, from one month ago when it was…
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Madison’s Lumber Prices Index Oct 4, 2024: US$424 mfbm
The Madison’s Lumber Prices Index for the week ending October 4, 2024 is: US$424 mfbM The Madison’s Lumber Prices Index for the week ending October 4, 2024 is: US$424 mfbmThis is down -0.5%, or -$2, from the previous week when it was US$426.This is down -3%, or -$14, from one month ago when it was…
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As Autumn Approaches Lumber Sales Volumes Stabilize
The annual seasonal lumber price trend is returning to the more predictable changes historically recognized by industry players. Producers and end-users alike are finally seeing some stability, which provides confidence and makes it easier to plan into the mid-term future. The big question on everyone’s minds, and the main driver to this ongoing attitude of…
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Limited-Time Offer – Save 15% Before Prices Rise
The clock is ticking! You have a limited-time chance to save 15% on your subscription to Madison’s Lumber Reporter before prices go up in January next year. Lock in your rate for 2024 and enjoy one full year of savings. Bonus: Get extra savings by signing up more team members or subscribing to multiple products. Buy Now…
