Lumber

Softwood from British Columbia and the boreal forest. US duties on Canadian lumber are a standing trade dispute.

518.0

USD/mbf, −2.7% on the week

CME lumber, indicative, week of October 23, 2026. Source: Commodities-API (commodities-api.com), indicative prices.

52 weeks of Friday closes

500550600650700NovJanMarMayJulSep
Lumber, weekly closes, USD/mbf. From 539.5 to 518.0 USD/mbf, between 2025-10-31 and 2026-10-23.
Week
−2.7%
13-week range
518.0 to 613.5
52-week range
508.0 to 654.5
Over the year
−4.0%
Matters to
North America, Asia

Where Canada sells it

Lumber: C$7.0 billion of Canadian exports in the 12 months to August 2026, 21% of it outside the United States.

Source: Statistics Canada, Canadian International Merchandise Trade Web Application (catalogue 71-607-X), domestic exports, by destination.

Largest buyers outside the United States

Largest buyers of Canadian lumber outside the United States, 12 months to August 2026
ChinaC$442 million
JapanC$384 million
PhilippinesC$108 million
TaiwanC$92 million
GermanyC$62 million
United KingdomC$55 million

Selling, buying or financing lumber?

Our retainer clients get this reading built around their own commodities and regions, with a principal on call. The Friday Close covers it every Friday.

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