The Madison’s Lumber Prices Index for the week ending August 4, 2023 was US$469 mfbm. This is down by -5.4%, or -$27, from the previous week when it was US$496.
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.