05/20/2026
Lumber Sales Take a Breath on Dual Long Weekends
The dual mid-May long weekends in Canada and the US provided a break for North America lumber sales. Top of everyone’s minds was delivery; freight charges and tight supply of trucks and rail cars.
In the week ending May 8, 2026 the price of Western Spruce-Pine-Fir 2x4 #2&Btr KD (RL) was US$490 mfbm, which was flat from the previous week, said weekly forest products industry price guide newsletter Madison’s Lumber Reporter.
That week’s price was flat from one month ago when it was $490.
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KEY TAKE-AWAYS:
• There wasn’t enough production of Western-SPF in the US to allow buyers slack to make counter-offers.
• Western-SPF suppliers in Canada had sustained inquiry and takeaway from buyers which kept both sawmills and distributors busy.
• Sentiment among customers remained cautious, as they committed only to coverage in a near-term, two- to four-week, range.
• ***On May 1st, the UP and BN railroads added another $6 to $10 per thousand in fuel surcharges, substantially increasing shipping costs per rail car. ***
• Trucking availability remained tight across Western Canada, with limited capacity reducing flexibility on prompt orders.
• Eastern-SPF mills maintained order files in a roughly three-week range.
• As buyers refused to build inventory in anticipation of spring jobs, distributors and sawmills also avoided carrying or processing excess inventory.
• Producers of Southern Yellow Pine now had order files, so buyers who needed quick coverage had to pay to get it.
• Commodity prices and tight supply increasingly occupied the minds of Eastern Stocking Wholesalers.
• Vendors in the tri-state area faced the fact their cross-country shipments were subject to sky-high freight rates.
FULL STORY: https://madisonsreport.com/lumber-sales-take-a-breath-on-dual-long-weekends/