09/16/2026
Turning Point for Lumber Sales at Labour Day 2026
While prices did not make much movement, the state of the North American construction framing dimension softwood lumber market leading up to Labour Day demonstrated a quiet strength.
In the week ending September 04, 2026 the price of Western Spruce-Pine-Fir 2x4 #2&Btr KD (RL) was US$470 mfbm, which was down -$5, or -1% from the previous week when it was $475, said weekly forest products industry price guide newsletter Madison’s Lumber Reporter.
That week’s price was down -$20, or -4%, from one month ago when it was $490.
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KEY TAKE-AWAYS:
• Lean field inventories continued to support an uneasy truce between supply and demand.
• Players were adamant the market could turn on a dime if half-decent autumn demand materializes.
• Significant variations appeared between US Western-SPF suppliers, regions, and origin-destination pairings.
• In Canada, prices on key Western-SPF 2x4 dimension items wavered around the previous week’s levels.
• According to Eastern-SPF suppliers, the Toronto region was a basket case while the Great Lakes market was flat.
• Plenty of distributors in the NorthEast deeply discounted items to keep unwanted stock moving.
• Prices of Southern Yellow Pine narrows continued to lead the way back up after precipitously dropping during summer.
• On the US Eastern seaboard, inventory holders showed varying levels of urgency to move material.
FULL STORY: https://madisonsreport.com/turning-point-for-lumber-sales-at-labour-day-2026/