Sort of.
Locally our softwood either goes to softwood pulp - most often sold to biomass generators - or to dimensional lumber (1x6, 1x8, etc); dimensional lumber on the board foot price as not increased dramatically... it has actually been fairly stable.
The increase in prices has hit the hardest on engineered lumber, and structural lumber. A 2x4x8 stud has five and a third board feet in it... even at current cost it is selling for less than two dollar per board foot; as a dimensional stick it would sell for closer to three and a half depending on grade.
With the tariffs on Canadian lumber, we did see regional mills try to create more structural lumber, but that meant eating into their dimensional lumber supply. So it would be unsustainable without a 2x4x8 going to twenty dollars or so.
Shortages in dimensional lumber have been at most sporadic.
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