There are multiple reasons for this.
Late 2018, through 2019, and into early 2020 - Lumber mills saw a massive amount of arson across the country. (If you try to search for news stories, they've been memory holed and almost completely unsearchable.) This was done in order to prepare for the pandemic. They needed ways of keeping people desperate and under control. They couldn't have everyone becoming independent, moving, starting new businesses, etc. So they took out many of the lumber mills.
Timber prices have remained the same, while lumber prices have skyrocketed. (Timber being what goes into the mill and lumber is what comes out.) Lumber can be easily imported/exported, but timber can't. So timber can only be sold for American dollars, but lumber can be sold in "international money". Due to the way they're hiding inflation, timber stays the same price. Meanwhile lumber is affected by inflation and skyrockets in price.
One of the lies they use to hide the above two is to pull out the supply/demand lie. (Lies work best when they hold some truth.) Yes, there has been an uptick in demand. Yes, mills slowed down slightly in early 2020 because they didn't know what would happen with demand. Yes, there are fewer mills due to arson. But more importantly, demand will drop prices, not increase prices. A mill working at 50% capacity will produce lumber at $___ per board foot. But if they increase to 100% capacity, they use the same equipment, workers, facilities. That second 50% of production will cost far less than the first 50%. Driving down the price. In the end - If the supply/demand thing wasn't a lie, we'd be seeing prices dropping back to normal right now instead of increasing.
There are multiple lies floating around right now. But in the end, they want us controlled and desperate. And inflation is increasing at a ridiculous rate.
nope, it's a beetle
If that was the only factor, or one of the larger factors, then the price of timber would be up along with lumber.
But the price of timber has stayed close to the same.
they are processing the dead trees
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