The Madison’s Lumber Prices Index for the week ending March 1, 2024 was US$486 mfbm. This is up by +2.5%, or +$12, from the previous week when it was US$474.
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.