The Madison’s Lumber Prices Index for the week ending November 1, 2024 was US$464 mfbm. This is up +4%, or +$19, from the previous week when it was US$445.
This is up +9%, or +$38, from one month ago when it was US$426.
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.