US softwood lumber prices pick up in mid-August
Framing lumber trading in US hit its fastest stride in more than two months, and the market finished the week with a firm tone. Wildfires in Western Canada and the West were a catalyst sparking sales, firming mill quotes, and lifting futures prices through the week. Buyers needing to replenish — but assurance that downside risk was minimal — stepped in, if more cautiously than earlier in the year. The Random Lengths Framing Lumber Composite Price ticked up $1. This Week Aug 17 Last Week Aug 10 Year Ago 2017  ...
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