In the week ending February 27, 2026, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2x4 #2&Btr KD (RL) was US$466 mfbm. This was flat from the previous week, said the weekly forest products industry price guide newsletter Madison’s Lumber Reporter.
That week’s price was up $16, or 4%, from one month ago when it was $449.
For that same time period, the price of WSPF 2x4 #3/Utility was US$344 mfbm which was flat from the previous week. That week’s price was up $34, or 11%, from one month ago when it was $303.
As for WSPF 2x6 #3/Utility KD (RL), that price was US$255 mfbm which was up $7, or 3%, from the previous week when it was $248, and up $24, or 11%, from the previous month when it was $226.
KEY TAKE-AWAYS:
An increasingly frequent topic of conversation for sellers of Western-SPF in the US was the overall lack of supply in the pipeline.
Several sources noted how tight Canadian supply was.
Inconsistent product mixes were evident, with scant availability of low grade and industrial items while supply of mid- and high-grade offerings were ample.
Buyers of Canadian Western-SPF kept their inventories tight as they still felt uncertain about the direction of the market.
Demand for Eastern-SPF weakened further as month-end approached and snowy weather continued to batter the region.
Sawmills in the East were not aggressively looking to move significant volumes.
Transportation issues abounded, as dealers could only offer loose guesstimates about delivery timelines.
The recent drop-off in Southern Yellow Pine demand and takeaway resulted in wood steadily piling up in sawmill and distributer yards.
Regardless, SYP sellers expected to see a significant spate of spring buying from treaters before long.
Eastern Stocking Wholesalers in the tri-state area were united in their condemnation of ongoing harsh winter weather.
March 2026