The Madison’s Lumber Prices Index for the week ending November 17, 2023 was US$436 mfbm. This is up by +2%, or +$9, from the previous week when it was US$427.
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.