The Madison’s Lumber Prices Index for the week ending November 8, 2024 was US$481 mfbm.

Lumber

Madison’s Lumber Prices Index up 4%

Madison’s Lumber Prices Index up 4%

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The Madison’s Lumber Prices Index for the week ending November 8, 2024 was US$481 mfbm. This is up +4%, or +$17, from the previous week when it was US$464. This is up +10%, or +$44, from one month ago when it was US$437.

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.