Madison’s Reporter: Severe Weather Events Disrupted Transportation and Knocked Out Power

Demand was sideways-to-solid depending on the product category, species, and region. Sales of Southern Yellow Pine continued to strengthen in the wake of production and logistical disruptions caused by Hurricane Helene.

In the week ending October 1, 2024, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$388 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat from the previous week when it was $388.

That week’s price is down -$16, or -4%, from one month ago when it was US$404 mfbm.

When compared to the same week last year, when it was $382, that week’s price is up +$6, or +2%. Compared to two years ago when it was $445, that week’s price is down -$57, or -13%.

In the week ending October 11, 2024, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was US$458 mfbm. This is up +$26, or +6%, from the previous week when it was US$432 mfbm.

That week’s price is up +$58, or +14%, from one month ago when it was US$400 mfbm.

Madison’s Benchmark Top-Six Softwood Lumber and Panel Prices: Monthly Averages

When compared to the same week last year, when it was $480, that week’s price is down -$22, or -5%. Compared to two years ago when it was $535, that week’s price is down -$77, or -14%.

About Madison’s Lumber Reporter

Established in 1952, Madison’s Lumber Prices is your premiere source for North American softwood lumber news, prices, industry insight, and industry contacts. The weekly Madison’s Lumber Reporter publishes current Canadian and US construction framing dimension lumber and panel wholesaler pricing information 50 weeks a year and access to historical pricing as well.

Contact:

Keta Kosman – Publisher, Madison’s Lumber Reporter – (604) 319-2266 – https://madisonsreport.com/

Source: Madison’s Lumber Reporter