The Madison’s Lumber Prices Index for the week ending August 2, 2024 was US$394 mfbm. This is up +2.6%, or +$10, from the previous week when it was US$384. This is up +7%, or +$25, from one month ago when it was US$369.
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.