Prices of Western- and Eastern-SPF settled into a holding pattern while Southern Yellow Pine slid further. Panel prices seemed to have topped out, but it was hard to tell. In the week ending May 15, 2026, the price of benchmark softwood lumber item Western Spruce-Pine-Fir 2×4 #2&Btr KD (RL) was US$490 mfbm. This was flat from the previous week, said weekly forest products industry price guide newsletter Madison’s Lumber Reporter. That week’s pr…