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Lumber prices begin to show a year-long trend: Madison’s
August 8, 2023 By Madison’s Lumber Reporter
In the week ending July 28, the price of Western S-P-F 2×4 #2&Btr KD (RL) was US$458 mfbm. This is flat from the previous week when it was $458.
That week’s price is up by $68, or 17 per cent, from one month ago when it was US$390 mfbm.
Compared to the same week last year, when it was US$684 mfbm, that week’s price is down by $226, or 33 per cent. Compared to two years ago when it was US$500 mfbm, that week’s price is down by $42 or eight per cent.
In the week ending July 28, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was US$425 mfbm. This is flat from the previous week.
That week’s price is up by $8, or two per cent, from one month ago when it was US$417 mfbm. Compared to the same week last year, when it was US$765 mfbm, that week’s price is down by $340, or 44 per cent. Compared to two years ago when it was US$492 mfbm, that week’s price is down by $67 or 14 per cent.
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