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Ongoing soft demand plagues softwood lumber market

Spruce prices continued to grind upward while Southern Yellow Pine seemed to hit bottom on long-beleaguered 2×6 dimension. A supply-driven uptick was evident in plywood.

In the week ending June 20, 2025, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$475 mfbm. This is up +$13, or +3%,from the previous week when it was $462, said weekly forest products industry price guide newsletter Madison’s Lumber Reporter.

That week’s price is up +$29, or +7%, from one month ago when it was $446.

Compared to the same week last year, when it was US$384 mfbm, that week’s price was up +$91, or +24%. Compared to two years ago when it was $390, that week’s price was up +$85 or +22%.

In the week ending June 20, 2025, the price of Southern Yellow Pine East Side 2×4 #2&Btr KD (RL) was US$415 mfbm. This is down -$10, or -2%, from the previous week when it was $445.

That week’s price is down -$94, or -19%, from one month ago when it was $509.

When compared to the same week last year, when it was $360, that week’s price was up +$55, or +15%. Compared to two years ago when it was $410, that week’s price was up +$5, or +1%.

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 U.S. construction framing dimension lumber and panel wholesaler pricing information 50 weeks a year and provides access to historical pricing as well.