The Madison’s Lumber Prices Index for the week ending July 14, 2023 was US$494 mfbm. This is up by +1.6%, or +$8, from the previous week when it was US$486.
Madison’s Lumber Prices Index is constructed using the same species as Futures (WSPF, ESPF, Douglas fir, Hem-Fir), with weighed averages based on the North America production volume ratio over the past few years.