What we can offer you

We provide detailed transactional data, cost benchmarks and in-depth analytics for participants in the wood raw materials supply chain.
  • Pricing Data
  • Benchmarks
  • Product Forecasting
  • Advisory Services
  • Analytics
Learn More

SilvaStat360 Platform

  • Price Benchmarks
  • Madison’s Lumber Reporter
  • The Beck Group’s Sawmill TQ
  • Timber Supply Analysis 
  • Global Economic Data

Explore Forest2Market's Interactive Business Intelligence Platform

Learn More


From biomass suppliers in the Baltics to pulp producers in Brazil and TIMOs in the United States, Forest2Market provides products and services for suppliers, producers and other stakeholders in the global forest products industry.

Learn More

Lumber Prices in the Final Week Before Traditional Forestry Holiday Break

December 21, 2017
Author: Keta Kosman

This post was written by guest blogger Keta Kosman, who is Publisher of Madison’s Lumber Reporter based in Vancouver, BC, Canada. For over 60 years, Madison’s has been a leading weekly newsletter detailing current US and Canadian softwood lumber and panel prices. The newsletter includes extensive coverage of Western and Eastern Spruce-Pine-Fir (SPF), Western Red Cedar, Canadian plywood, Oriented Strand Board (OSB) and BC cargo and reload lumber activity in the northeastern US.

The North American forest industry is about to take its customary end-of-year break, but expect the lumber business to come back with a bang at the beginning of 2018—just as it was in 2017.

On December 7, the US International Trade Commission released a pre-announcement of its looming Final Determination on Canadian imports of manufactured softwood lumber products to the US. The timing of this announcement indicates that these duties will take effect at the beginning of 2018, even though some small adjustments were made to individual company duty rates.

The below table is a comparison of December 2015, 2016 and 2017 prices for benchmark Western Spruce-Pine-Fir 2x4s and Southern Yellow Pine 2x4s on the East side:


 SOURCE: Madison’s Lumber Reporter


The graph below illustrates peak-and-valley year fluctuations for WSPF KD 2×4 #2&Btr prices.


 SOURCE: Madison’s Lumber Reporter


Year-End Period Usually Slow Time for Selling Lumber

A significant correction on benchmark WSPF dimension prices in recent weeks moderated the wild ride construction framing softwood lumber prices have taken since the beginning of 2017. In the east, ESPF 2×6 also had a big adjustment.

Expectations are that most wood commodity prices will remain generally level until more volatility hits the market right at the beginning of 2018. Anecdotal comments from suppliers indicate the duties have already been absorbed into prices and the US International Trade Commission’s announcement has had no impact on price levels.

Scuttlebutt is forming about #3 / Utility and #4 / Economy grade 2×4 and 2×6 throughout the marketplace. This lower-grade item is often sold as cut-stock into remanufacturing for pallets and crating (as well as furniture and other products). It seems US grocery suppliers and other pallet producers are facing critical shortages in this cut-stock as the majority of manufacturers have been up-grading their #3 and #4 materials to sell into the screaming-hot standard construction framing market.

weekly lumber market report and benchmark


Back to Blog

You May Also be Interested In

February 17, 2020
PNW Log & Lumber Prices: 1Q2020 Update
As Forest2Market data has confirmed over the last several years, log and lumber prices in the Pacific Northwest...
Continue Reading
February 04, 2020
Sustainable Forestry and Land Retention Study Quantifies Impact for Landowners
Clearing Land Title Generates the Greatest Economic Benefit  
Continue Reading
January 20, 2020
US-China Trade Deal Provides Relief for Hardwood Sector
The hardwood industry was finally granted some long-awaited relief last Wednesday when the United States and China...
Continue Reading