The Madison’s Lumber Prices Index for the week ending November 10, 2023 was US$427 mfbm. This is up by +5%, or +$21, from the previous week when it was US$406.
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.