US sawn timber prices continue to rise

Rising further after reaching seemingly impossible highs, in the week ending April 23, 2021, the wholesaler price of benchmark softwood lumber commodity item Western S-P-F KD 2×4 #2&Btr was $1,330 mfbm. This is up by +$120, or +9%, from the previous week when it was $1,210. That week’s price is up by +$290, or +28%, from one month ago when it was $1,040.