The Madison’s Lumber Prices Index for the week ending November 15, 2024 was US$495 mfbm.

Lumber

Madison’s Lumber Prices Index up 3%

Madison’s Lumber Prices Index up 3%

Image: Depositphotos

The Madison’s Lumber Prices Index for the week ending November 15, 2024 was US$495 mfbm.

This is up +3%, or +$14, from the previous week when it was US$481. This is up +11%, or +$50, from one month ago when it was US$445.

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.