You can find complaints about this on almost any firearms-related forum or social page. As I hit the checkout, all four were out of stock. Maybe three minutes from the time I got the text notification until it was all gone. Ultimately, this is a supply and demand situation. When supply is low and demand is high, opportunists swoop in to make some spare cash, and those opportunities today are abundant. Many local brick-and-mortar retailers have become so desperate for ammunition, they have begun purchasing ammunition back from consumers at inflated rates.
He recognizes that he can make a little side money if he sells a quantity of his ammo back to the retailer for.
The store then adds their margin, say. Once customers realize that selling ammunition back to a local retailer is easy money, the next step is obvious: scour the internet and big box stores like Walmart to find ammunition for sale at normal pricing. Those rounds, of course, are marked up and bought by anxiously waiting customers. In fact, it has gotten so bad that some of these scalpers have gone so far as to obtain delivery schedules from employees at large stores like Walmart.
They arrive at the store at a specific time to get the choice pickings. Of course, those are direct from Federal Premium prices, meaning from the manufacturer. There is a new problem that has wormed its way out into plain sight. When this article was first written, a box of 9mm would cost you The good news to this, is that the higher price ensures that it is in stock for much longer.
I check their website multiple times per week to follow the flow of ammo, and 9mm is almost always in stock. The same rings true for the rifle calibers.
The more popular rifle cartridges like. But if you want something like 6. A box of Speer, for example, has much lower priced 9mm in stock again, as of this writing at Why is the ammunition so expensive?
Because the individual parts, what we call components, are more expensive. This should come as no surprise. As of right now the re-loaders are telling us that there are almost zero components to be found out there. And in fact, the reloaders have been asking for primers, and the manufacturers have basically said no. Simple supply and demand economics dictate that when something is harder to find, whatever is actually out there for sale will undoubtedly cost more.
A few months ago someone even reached out to me and offered me an AR in trade for some primers. Or bullets. Or powder. This means that what is out there is now more expensive. Everything around the world is more expensive.
Not all of the things have a direct impact on the price of ammo, but some of them do. Copper, for example, is still near all time highs. You can argue about this, but copper is found on the jacket of the round and is a main ingredient in brass. Everything is more expensive, not just the ammo. The price is going to keep going up because the price of everything is going up. Believe it or not, the ammunition industry is about as cyclical as our election cycle is. What this means is that each time there is an election the prices will fluctuate as more people buy more ammo, straining the supply, more during this time than other periods.
This spells disaster for those of us who wanted to regain some ground for the 2A. The point is that there is another set of elections coming down the pipe in Remember above when I said that we may be feeling these higher prices into ? Federal Ammunition stated that they were a year out back in November as stated above. Have they made up any ground? And those are only the numbers based on the previous metal prices. Another election. This time, a presidential election, and who knows what will happen.
Not anymore, anyway. Sure, some of it is, but most of it is not. The prices have gone up so much that in order for the re-sellers to make any money they also have to raise their prices. It was Of course it costs them less to make the ammo, but the guys in between, like the gun stores, have to make money too, so the price goes up at least some. During the past year and a half, an influx of new gun owners and widespread ammo stockpiling have contributed to bare shelves and high prices, Oliva said.
So it is much more expensive and it is much more difficult to find ammunition. Oliva said a key thing to understand is that the number of gun owners in America skyrocketed in , as evidenced by a record 21 million background checks for firearm purchases, up from a previous high of If you just kind of do back-of-the-napkin math, if you're looking at 8. Oliva said most new gun owners want to do some target practice at the range, take a marksmanship class or otherwise improve their proficiency with their new firearm.
That takes ammunition, so most new gun owners leave the store with several boxes of bullets. That, in turn, prompts other gun owners to do the same. Addressing the current ammunition shortage, Oliva said, "People walked into their local gun stores It remains to be seen whether Biden can enact significant gun control legislation with a slim Democratic majority in Senate.
Some police departments have reportedly cut back on ammo consumption or expanded their budgets to pay the inflated prices. Chuquicamata, the world biggest opencast mine, is 4,3 kilometer long, 3 km large and meter deep. As all the other mining enterprises in Chile, it was nationalized in by late Chilean President Salvador Allende.
Ammunition inflation is compounded by supply chain issues over basic components including primers, brass and lead. Copper, a basic ingredient in bullets, is a sought-after metal in the international markets, with mines concentrated in South America. Leading ammunition makers like Vista Outdoor, and smaller ones like Olin Corp.
Their competitors include Chinese construction companies, which need it for electrical wiring, Tesla TSLA Chief Executive Office Elon Musk, who needs it for his electric cars, and Chinese semiconductor manufacturers, which need it for chips. The supply chain is experiencing a semiconductor shortage, prompting General Motors GM to temporarily suspend production of some pickup trucks earlier this year.
The price of copper has slipped from its May peak but is still much higher than last year.
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