Summary of the week-to-week lumber prices and plywood prices (for the week ending April 26, 2024): The Random Lengths framing lumber composite price fell 3.6% (the fifth consecutive week of declines); The price of lumber futures rose 1.2% (down 12.0% in the past month); The structural panel composite price was down 3.5% (OSB prices decreased 5.3%, Western Fir plywood prices declined 0.9% and Southern Yellow Pine plywood prices dropped 2.4%). …Softwood lumber prices have been especially volatile in recent years largely because of increased demand, rising tariffs, supply-chain bottlenecks and insufficient domestic production. ….Surveys conducted by Home Innovation Research Labs show that the average new single-family home uses more than 2,200 square feet of softwood plywood, and more than 6,800 of OSB, in addition to roughly 15,000 board feet of framing lumber.