US lumber prices continue to rise in mid-January 2022

Momentum from strong demand at the end of 2021 pushed prices higher, so in the week ending January 14, 2022 the price of benchmark lumber item Western S-P-F 2×4 #2&Btr KD (RL) continued rising; up by +$70 or +6% to US$1,170 mfbm, from $1,100 the previous week, said forest products industry price guide newsletter Madison’s Lumber Reporter. That week’s price was up by +$226, or +24%, from one month ago when it was $944.