The Madison’s Lumber Prices Index for the week ending May 12, 2023 is: US$388.4 mfbm. This is down by -1.04%, or -$4.05, from the previous week when it was US$392.5
Interestingly, last week matches exactly with the same week in 2020.
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.
