The Combination Of Remembrance Day In Canada And Two Big Lumber Industry
Association Annual Meetings Took A Lot Of Folks Away From Their Desks.
The combination of Remembrance Day in Canada and two big lumber industry
association annual meetings took a lot of folks away from their desks. As
such, lumber sales in mid-November were soft. Naturally, prices continued to
drop a bit as the usual seasonal slow-down truly took effect.
The lack of data releases for US housing starts was troubling, as this
information is necessary for operators to make plans for production activity
to come the following year. Winter is the time that sawmills across North
America invest in timber harvest, to get the log supply they will need for
lumber demand in advance of the next construction season. This is a
months-long effort.
So solid wood manufacturers must know where the housing market stands at
this time of year to estimate the requirements for loading up on feedstock
for the next building cycle.
In the week ending November 14, 2025, the price of benchmark softwood lumber
item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$410 mfbm. This was
down -$20, or -5%, from the previous week when it was $430, said weekly
forest products industry price guide newsletter Madison’s Lumber Reporter.
That week’s price was down -$55, or -12%, from one month ago when it was
$465.
Compared To The Same Week Last Year, When It Was Us$444 Mfbm, The Price Of
Western Spruce-Pine-Fir 2×4 #2&Btr Kd (Rl) For The Week Ending November 14,
2025 Was Down -$34, Or -8%.
Compared To Two Years Ago When It Was $404, That Week’S Price Was Up +$6, Or
+1%....
KEY TAKE-AWAYS:
Several Western-SPF producers in the US indicated their openness to
counter-offers.
Canadian Western-SPF suppliers reported zero urgency and subpar demand from
downstream buyers.
Primary and secondary suppliers worked to move inventory and solidify
sawmill order files through December.
Decreasing Eastern-SPF prices cajoled many buyers into covering at least
some of their more pressing needs.
Price spreads were evident in Southern Yellow Pine with differing numbers
across mills, the distribution network, and geographical zones.
Eastern stocking wholesalers mostly had their yard stock and incoming
shipments to the ports at New Jersey covered for the balance of this year.
MADISON’S BENCHMARK TOP-SIX SOFTWOOD LUMBER AND PANEL PRICES: MONTHLY
AVERAGES
Source:
madisonsreport.com
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