The Madison’s Lumber Prices Index for the week ending August 30, 2024 was US$428 mfbm. This is down -0.5%, or -$2, from the previous week when it was US$430.

Lumber

Madison’s Lumber Prices Index down 0.5%

Madison’s Lumber Prices Index down 0.5%

Image: Depositphotos

The Madison’s Lumber Prices Index for the week ending August 30, 2024 was US$428 mfbm. This is down -0.5%, or -$2, from the previous week when it was US$430. This is up +5%, or +$21, from one month ago when it was US$407.

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.