Lumber Prices
As of June 6, 2025, the price of lumber stands at approximately $600 per 1,000 board feet, showing a moderate increase compared to May 2025. This figure is based on recent commodity market data.
Market Factors Influencing June 2025
- Trade and Tariffs: Current U.S. tariffs on Canadian softwood lumber remain in effect, with rates above 20%. No new tariff adjustments or announcements have occurred this month.
- Housing Market Demand: Sustained demand for new homes contributes to steady lumber consumption during early summer.
- Supply Chain and Production: Ongoing adjustments including Canadian mill closures and increased U.S. southern mill production affect supply availability.
June 2025 Outlook
Lumber prices are expected to remain stable near current levels throughout June, following typical seasonal demand trends and current supply chain conditions. No major policy or trade developments impacting lumber prices have been reported for this period.
Builders and Buyers
Market participants should monitor commodity price indices and supply reports regularly to align project planning with market realities. Maintaining flexibility in purchase timing may help mitigate cost fluctuations given ongoing tariffs and supply shifts.
Price Summary: December 2024 – June 2025 Projection
| Month | Average Price (USD/1,000 board feet) | Monthly Change (%) |
|---|---|---|
| December 2024 | $505 | — |
| January 2025 | $495 | -1.98% |
| February 2025 | $482 | -2.63% |
| March 2025 | $567 | +17.60% |
| April 2025 | $496 | -12.55% |
| May 2025 | $479 | -3.43% |
| June 2025 (Projected) | $600 | +25.26% |