The Madison’s Lumber Prices Index for the week ending August 9, 2024 was US$407 mfbm. This is up +3%, or +$13, from the previous week when it was US$394. This is up +11%, or +$40, from one month ago when it was US$367.
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.
