Tree Frog Forestry News

Softwood lumber prices stabilize

By Madisons Lumber Reporter
Wood Business – Canadian Forest Industries
December 3, 2019
Category: Finance & Economics
Region: Canada, United States

Construction framing dimension softwood lumber prices in Canada and the US stabilized last week to levels moderate when compared to one-year and two-years ago price levels. …The price of benchmark lumber commodity Western Spruce-Pine-Fir KD 2×4 #2&Btr last week dropped -$2 to close Friday at US$394 mfbm (net FOB sawmill; cash price, or “print”). Recovering from drops in autumn, last week’s price is also -$2 less than it was one month ago. Continuing to gain ground after severe lows, compared to one year ago this price is up +$40 or +11%.

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