The Madison’s Lumber Prices Index for the week ending February 23, 2024 was US$474 mfbm. This is up by +1%, or +$5, from the previous week when it was US$469.

Lumber

Madison’s Lumber Prices Index up 1%

Madison’s Lumber Prices Index up 1%

Image: Depositphotos

The Madison’s Lumber Prices Index for the week ending February 23, 2024 was US$474 mfbm. This is up by +1%, or +$5, from the previous week when it was US$469.

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.