The Madison's Lumber Prices Index remained unchanged at $524 per thousand board feet for the week ending May 1, 2026, according to Madison's Lumber Reporter. The flat weekly reading follows a 5% decline from one month ago, when the index stood at $522.
The index construction incorporates the same species used in futures trading, including Western Spruce-Pine-Fir, Eastern Spruce-Pine-Fir, Douglas fir, and Hem-Fir. Weighted averages within the index are calculated based on North American production volume ratios from recent years.
