October 2025 Market Report: Lumber Markets Face Perfect Storm
The North American lumber market entered a critical inflection point in October 2025 as combined tariffs exceeding 45% on Canadian softwood lumber collided with aggressive production curtailments and recovering prices. After months of weakness, lumber futures climbed to $610 per thousand board feet by October 20, up 16.18% year-over-year, while the Madison’s Lumber Index surged…