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Sales Volumes of Lumber Increase as Prices Remain Even
Actual sales of construction framing dimension softwood lumber did improve at the end of February, even as prices remained flat. Suppliers fielded good volumes of calls, many of which followed through to actual sales. Customers dropped their recent habits of buying only the wood absolutely needed for ongoing projects. As the first signs of spring…
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Madison’s Lumber Prices Index March 1, 2024: US$486 mfbm
The Madison’s Lumber Prices Index for the week ending march 1, 2024 is: US$486 mfbm The Madison’s Lumber Prices Index for the week ending March 1, 2024 is: US$486 mfbmThis is up by +2.5%, or +$12, from the previous week when it was US$474. For information regarding the construction of this Index (species mix, weighed…
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Lumber Sales Improve as Builders Look Toward Spring
Customers remained cautious as the effects of ongoing winter weather kept construction activity low. Sellers warned of looming supply shortages in the future if everyone held off buying until they absolutely needed the wood. Sawmills and wholesalers alike were generally fielding orders highly-specified mixed loads. The large-volume, bulk purchases which usually signal the spring building…
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Madison’s Lumber Prices Index February 23, 2024: US$474 mfbm
The Madison’s Lumber Prices Index for the week ending february 23, 2024 is: US$474 mfbm The Madison’s Lumber Prices Index for the week ending February 23, 2024 is: US$474 mfbmThis is up by +1%, or +$5, from the previous week when it was US$469. For information regarding the construction of this Index (species mix, weighed…
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Lumber Prices Remain Flat on Muted Sales
Lumber sales remained muted into mid-February, as it seemed like many buyers were waiting on the sidelines to see what everyone else was doing. Inquiry at sawmills was good, however there was not yet much follow-through with actual sales. The forest products manufacturing industry was poised for the next home building season, but since that…
