Manufacturers say they're producing as much ammunition as they can, but many gun store shelves are empty and prices keep rising.
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That's funny, because right before I saw this article I had just checked ammoseek.com to catch up on current prices.
5.56 is running right at 48 cents a round on the low end. I quit checking earlier this year when it was at 77 cents a round because there was no way in hell I was going to pay that, so I don't know just where it peaked before it started to come back down.
It was at 27 cents a round before the election and all this covid bullshit started, so it's still got a ways to go.
don't forget inflation. i think .48 is the new normal. then again, stagflation hit the lumber yard a couple weeks ago so i could be full of crap. i bought at .20, i bought at 1.50, i'll buy at whatever it goes to, i'll just buy less at a time. revolutions take ammo, lots of ammo.
ReplyDeleteWith old sniffer pervert pretending to be in charge everything is going up or getting smaller
ReplyDeleteJD
If I remember, it peaked right at $1.00/round.
ReplyDeleteFear porn designed to drive up sales even ore.
ReplyDeleteKenny, I haven't noticed an upward trend, but rather a downward trend over my last few purchases. At it's peak I was seeing about 78 cents/round for 5.56mm. My last two purchases were at 48 and 41 cents/round, respectively. However, I won't be making another purchase for at least a month or so, so I haven't been checking prices recently.
ReplyDeleteHeld my nose and paid $2.20 PER ROUND for some .357 hollow points a few weeks ago. Caught a bunch of grief for it, but thought "what if it goes up from here?"
ReplyDeleteFirst off, it ain't 'hoarding' when one stocks up on a commodity when supplies are plentiful. Especially if they USE the commodity on a routine basis. It's called, 'smart shopping.' Way back in '98 when people were going to Costco, Sam's Club, and Walmart and buying up PALLETS of rice, wheat, canned goods, and so on, it wasn't called, 'hoarding' it was called, 'preparing.'
ReplyDeleteThe two terms, "hoarding," and "price gouging" are triggers for me because they are used to demonize people who understand the laws of supply and demand.
I’m a bit puzzled by the continued, years-long shortages of ammo. I would have thought that manufacturers would have ramped up production to capitalize on the demand by now. Is demand rising THAT fast? I don’t get it.
ReplyDeleteThey are manufacturing ammo at full capacity and have been for a year at least.
DeletePrices are falling fairly fast. This means demand is falling even faster.
Yes, and the real value(purchasing power) of the dollar is dropping like a lead balloon. And U.S. government agencies are purchasing what percentage of ammo manufacturers' output?
ReplyDeleteAnd very shortly it will become far more difficult for these manufacturers to obtain primers and powder. How say you, Cassandra?
The Daily Fail is a year behind, as usual and the comments from the Brits always demonstrate their subservient mindset. Personally, I never pay any attention to what foreigners think.
ReplyDeleteStuart, absolutely correct, Daily Mail is pretty much on of Britain's trashy tabloids...I remember 9mm at under a dime, decades ago, and several years ago, in bulk, .16-.18 per round...two years ago, preoCovid, I paid .245 per round and was outraged...now I've seen it hovering around .48, then .41, it'll drop to .30 by year end...don't EVER go to gunbroker.com for auctions, cause those fools, averaging 14-18 bidders drove the price of bulk 9mm up to $1.40 a piece! Peace, out, pass whatever ammo y'all have!
DeleteThe .223 ammo I prefer peaked at $2.125rnd in the auctions (which I've never paid), and secondary ammo I use is currently $1.00rnd directly from manufacturer.
ReplyDeleteSecondary ammo groups 3" @ 200yds with 4" drop in 10mph wind.
I’ll agree with riverrider, inflation has created a new, higher bottom for ammo prices & were all just going to have to suck it up or switch to the no-name brands to find the kind of prices we’re used to paying. Overall the recent trend I’ve seen online is availability increasing & prices going down, not up. Here on the Olympic peninsula most of the LGS shelves are still devoid on any common calibers but the posted prices have at least plateaued if not dropped slightly. Doesn’t help if there is nothing on the shelves but take it for what it is.
ReplyDeleteThe wife & I tend to wait for ammo to go on sale & then buy several cases if we can, or at least we used to before all this insanity. Buying that way averaged us 85¢ a round to feed her bolt gun. That caliber has been unobtainium for the past 15 months even at sky-high gun show prices. Last week I found a case online for $1.87 a round. Had money saved for a shotgun but held my nose & spent it on her ammo instead.
When this crap started I wound up selling about 10k rounds in various calibers to friends & coworkers who were caught flat-footed by the riots & the ammo panic. As DTG said, it ain’t hoarding, it’s smart shopping & it’s preparing.
I recall seeing M855 listed on ammoseek for $1.30/rd within the past year.
ReplyDeleteTotal crap. Yeah ok fear mongers. During CHINA VIRUS .308 was up well over 1.20/rd on ammoseek. It's floating down around $.60/rd now. Meh.
ReplyDelete