The Madison’s Lumber Prices Index for the week ending November 24, 2023 was US$447 mfbm. This is up by +2.5%, or +$11, from the previous week when it was US$436.

Lumber

Madison’s Lumber Prices Index up 2.5%

Madison’s Lumber Prices Index up 2.5%

Image: Depositphotos

The Madison’s Lumber Prices Index for the week ending November 24, 2023 was US$447 mfbm. This is up by +2.5%, or +$11, from the previous week when it was US$436.

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.