The Bureau of Labor Statistics released its producer price index report for February 2022. …The price of softwood lumber rose by the second highest monthly percentage, rising 5.2 percent. …The market price of lumber has risen steadily since the beginning of February, closing at $1,420 on March 14. …In February, soft plywood products saw the highest monthly rise of the construction materials prices we track. The price index was up 6.4 percent in the month and up 157 percent from its level around January 2020. …The prices of general millworks continue to move steadily higher in line with the overall rise in construction materials prices. Prices for hardwood lumber actually fell slightly for the month, although they are still up 27 percent for the year.