The Madison’s Lumber Prices Index decreased to $443 per thousand board feet for the week ending November 28, 2025. This marks a 1% decline from the previous week's price of $449 and an 8% drop from the price of $480 recorded one month ago, according to Madison's Lumber Reporter.
The index is calculated using the same species composition as lumber futures – Western and Eastern Spruce-Pine-Fir, Douglas fir, and Hem-Fir – with weighted averages based on recent North American production volume ratios. The weekly and monthly decreases reflect ongoing adjustments in the softwood lumber market.
