It's already returning to some vague sense of normalcy.
Not but a couple months ago, in addition to NOBODY having primers except maybe shotshell or four-wing bp-reenactment caps, and even those sold out quickly, we also had $5/rd Grendel, glorified-22 was north of $2/rd 9mm was just gone.
I don't participate in the '9mm/.45' debate I've gone with 357-SIG and ... it's back down to buyable levels, though I still plan exclusively to reload for awhile.
308 Winchester, surprisingly, is experiencing a surge in supply; now might be the time to stock up on the cheapest of calibers.
Which 6.5 Grendel still isn't, sadly. Down to half the going rate before, which is good, I guess?