Madison’s Lumber Prices Index: October 4, 2024

VANCOUVER, BC, Oct. 7, 2024 /CNW/ – The Madison’s Lumber Prices Index for the week ending October 4, 2024 was US$424 mfbm.

This 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 US$438.

Click for information regarding the construction of the Madison’s Lumber Prices Index:  https://madisonsreport.com/madisons-lumber-prices-index-a-powerful-tool-for-data-driven-decision-making/

Shrewd investors know that construction framing softwood lumber prices are a good leading indicator for US housing activity, including home building and home sales.  Don’t miss out, get lumber price data updates directly to your desktop every Friday morning.

* Madison’s Lumber Prices, weekly, are a good forecast indicator of US home builder’s current lumber buying activity ——> DETAILS

STAY AHEAD of US housing price data by getting access to softwood lumber prices. Released every Friday for that week, since 1952 Madison’s Lumber Prices is used by the forest products industry as a price guide for North American construction framing dimension softwood lumber. These are, of course, the inputs into US and Canadian home building materials.

Madison’s Lumber Prices Index vs Lumber Futures (available here: https://www.cmegroup.com/markets/agriculture/lumber-and-softs/lumber.quotes.html)

To subscribe to Madison’s Lumber Reporter, simply fill out an order form here: https://madisonsreport.com/subscribe/

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.

Madison’s offers a variety of products to meet your information needs regarding the North American forest products industry including:

Madison’s Lumber Prices: https://madisonsreport.com/products/lumber-price-dashboard/

Madison’s Heating Wood Pellet Prices: https://madisonsreport.com/products/pellets/

Madison’s British Columbia Coast Log Prices: https://madisonsreport.com/products/bc-coastal-logs/

Madison’s Forest Pulse: https://madisonsreport.com/products/forest-pulse/

Madison’s North America Sawmill Listings: https://madisonsreport.com/products/sawmill-directory/

Madison’s Sawmill Curtailment Lookout: https://madisonsreport.com/products/sawmill-lookout/

SOURCE Madison’s Lumber Reporter