The Madison’s Lumber Prices Index for the week ending January 5, 2024 was US$476 mfbm. This is up +7%, or +$30, from the previous week when it was US$446.
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.