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Madison’s Reporter: Lumber Sales Improve in Mid-Summer 2023

Analysis
Madison's Lumber Reporter Logo

In the week ending July 07, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$446 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is up by +$10, or +2%, from the previous week when it was $436.

That week’s price is up by +$56, or +14%, from one month ago when it was US$390 mfbm.

Compared to the same week last year, when it was US$640 mfbm, that week’s price is down by -$194, or -30%. Compared to two years ago when it was US$760 mfbm, that week’s price is down by -$314 or -41%.

Graph of Madison's Top Six benchmark Dimension Softwood Lumber and Panel Prices 07192023

In the week ending July 07, 2023, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was US$410 mfbm. This is up by +$5 or +1% compared to the previous week when it was US$405 mfbm.

That week’s price is down by -$7, or -2%, from one month ago when it was US$417 mfbm.

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

Chart of Madison's Lumber Reporter Weekly Prices Dashboard 07192023

Compared to the same week last year, when it was US$685 mfbm, that week’s price is down by -$275, or -40%. Compared to two years ago when it was US$615 mfbm, that week’s price is down by -$205 or -33%.

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