Madison’s Reporter: Lumber demand remains unseasonably soft

In the week ending May 19, 2023, the price of Western S-P-F 2×4 #2&Btr KD (RL) was $360 mfbm, said forest products industry price guide newsletter Madison’s Lumber Reporter. This is flat compared to the previous week when it was $360 mfbm.

That week’s price is up by +$9, or +2%, from one month ago when it was $351 mfbm.

Compared to the same week last year, when it was $1,070 mfbm, that week’s price is down by -$710, or -66%. Compared to two years ago when it was $1,640 mfbm, that week’s price is down by -$1,280 or -78%.

Madison's Report, Top Six Benchmark Dimension Softwood Lumber & Panel Prices

Madison's Lumber Reporter

In the week ending May 19, 2023, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was $490 mfbm. This is down by -$20 or -4% compared to the previous week when it was $510 mfbm.

That week’s price is down by -$20, or -4%, from one month ago when it was $510 mfbm.

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

Compared to the same week last year, when it was $815 mfbm, that week’s price is down by -$325, or -40%. Compared to two years ago when it was $1,390 mfbm, that week’s price is down by -$900 or -65%.

Madison Lumber Reporter

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