18 WESTERN PALLET
That week’s price was up +$34, or +8%, from one month ago when it was $446.
For that same time period, the price of WSPF 2x4 #3/Utility was US$301 mfbm which was down -$28, or -9%, from the previous week when it was $325. That week’s price is down -$28, or -9%, from one month ago when it was $329.
As for WSPF 2x6 #3/Utility KD (RL), that price was US$245 mfbm which was flat from the previous week and was down -$17, or -6%, from one month ago when it was $262.
Key Takeaways
As June waned, lukewarm demand followed an underwhelming spring building season.
Persistently cautious Western S-P-F buying was balanced by middling supply in both Canada and the US.
While demand for Eastern S-P-F remained below seasonal standards, firming prices and limited supply prompted increased sales. Order files at Eastern sawmills extended through the two-week summer shutdowns planned for late July.
Extreme heat in the US Southeast affected building activity, while thunderstorms in the Southwest disrupted forestry oper- ations for Southern Yellow Pine operators.
Eastern stocking wholesalers noted that Douglas fir mills kept their prices firm, were not receptive to major counter offers.
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In the week ending June 27, 2025, the price of Southern Yellow Pine West Side 2x4 #2&Btr KD (RL) was US$342 mfbm. This was down -$10, or -3%, from the previous week when it was $352.
That week’s price was down -$107, or -24%, from one month ago when it was $449.
As well, for the end of June, SYP West 2x4 #3/Utility KD (RL) was US$302 mfbm, which was up +$2, or +1%, from the previous week when it was $300 and was down -$109, or -27%, from one month ago when it was $411.
As for SYP West 2x6 #3/Utility KD (RL), that price was US$212 mfbm, which was up
+$2, or -1%, from the previous week when it was $210 and was down -$88, or -29%, from one month ago when it was $300.
Lumber producers kept manufacturing volumes lower to keep supply in line with still-muted demand. Capacity utilization rates at North America sawmills have been well below optimal levels for approximately 2 years, since rising interest rates brought slower home sales thus reduced new housing starts. Solid wood manufacturers prefer to keep production volumes higher, due to the very complex process of securing log supply over a longer term.
As such, maintaining balance between amount of sales and prices can get tricky. As true summer months this year arrive, it seems this balance has been achieved; as lumber prices reversed recent drops and started climbing.