The composite southern yellow pine lumber price inched down during week 38 of 2016 to the $373/mbf mark. While prices have remained fairly steady through the summer months, this number is 14 percent above its January 2016 starting point of $326/mbf, and 26 percent above its 2015 week 38 price of $297/mbf.
- 1Q2016 Average Price: $338/mbf
- 2Q2016 Average Price: $394/mbf
- 3QTD2016 Average Price: $381/mbf
- YTD2016 Average Price: $369/mbf