Posted on 11/16/2023 3:01:25 AM PST by CFW
Comments during Ammo Inc.’s Nov. 9 earnings conference call indicate enthusiasts can expect cartridge prices to increase for the rest of the year and continue to do so through 2024. Officials from the firm base that prediction on demand for its Streak Visual Ammunition, Jagemann Munition Components, /stelTH/ Subsonic Ammunition and Ammo Incorporated Signature lines. Sell through on Gunbroker, which it also owns, supports that conclusion.
One caller asked if the recent increase in ammunition sales reflected a seasonal trend, rather than an unexpected market shift. Ammo Inc. CEO Jared Smith answered, “So we would expect anywhere between a 5- to 6-percent increase and a gentle trend coming from September into October. This was a pretty sharp trend in that 14.7 percent. And that’s really because these events happened in the second half of October, it was really sharp incline after the events in Israel and Hamas that we saw the uptick.”
Retail prices haven’t—so far—reached Covid-19’s painful level, although “…we’re seeing wholesale pricing increase slightly,” Smith said. “And we continue to see opportunistic buys out there that says that price continues to escalate. So, do we think it will—that this is a long-term hold? We think there is a strategic repricing that’s happening going into the 2024 year.”
(Excerpt) Read more at shootingillustrated.com ...
Ping!
Ammo prices have already put a dent in the recreational shooting around here.
It was common to hear somebody out mag dumping and plinking away .... now ... even with deer season wide open ..
barley hear any shots at all.
It only takes a moment to throw 20 or 30 bucks down range.
I know I’v taken to popping off more 22s then I used to.
And that’s not cheap.
Not shocking considering everything is going up up up.
This is high quality ammunition. Order $200 or more and shipping is free.
6.9 cents a round is a good price for this ammo. It works very well in suppressed .22 rifles and pistols.
This is the lowest price, including shipping, I have seen for this ammo for a long time.
Learned to reload. My costs went significantly down.
Ammo
” reload. “
I would love to reload ... but I just don’t have the time or a good place to set up.
I have looked in to it a little , and I hope to get a set up someday. I do keep brass.
Is there a set up you would recommend for someone to start with ... sort of get my feet wet and start the real learning process?
Just wait until the war stops in stalemate and both sides decide to sell the stacks of ammo in Ukraine. I have alreay seen some US contract 5.56 that looks like it went via the taliban back through 3 other nations to land in the midwest for sale. They are kind enough to put it in new boxes.
That was the joy of the late 1980s, every thing that was not nailed down was back on the market to be sold for cash. 308, 556, 303BR, 9mm and dare I say 50cal that has more travel miles than I do will be back in the US to be sold soon enough. Since I still have piles from back then, I provably will only by the thousands of 5.56 at less than a quarter each.
Isn’t the brass plated CCI Mini Mags running about the same at around .07 cents when buying 100 rounds?
I’d advise people to buy reloading equipment and components but that market has gone crazy, too. Thankfully I bought cheap and stacked deep.
L
50 year reloader here. Reloading is not cheap anymore, if you had not purchased your components at least a few years back. Some components are very hard to come by these days and very expensive(think large rifle primers). In short, reloading is not really sensible to get into right now for a beginner unless you can buy a bunch of used equipment and some former reloader’s stash of components. IMHO you would be better served at this time to take the 5 or 600 dollars you would spend on a press and all the other equipment you would need to get started and spend it on buying a stockpile of ammo to sit on.
What this is the 3rd run on ammo in the past 20 years....
5 to 8 cents for 22 is buy
Anything under 20 cents is a buy for handguns
Anything under a quarter for 556 is buy
Anything for less than 50 cents is a buy in 303/308
Quality rifle rounds have always been a dollar or more.
As someone who has a time problem shooting more than handgun proficiency and keeping the long rifles zeroed, I tell people choose a caliber, and find a quantity discount and spend a year ammo budget at once and give a few places a call at year end. After a few years, you will have a pile and will only need to buy when you hear ammo prices have crashed and some company is laying off shifts.
“Is there a set up you would recommend for someone to start with ... sort of get my feet wet and start the real learning process.”
A good quality single stage press, I’m partial to my RCBS myself, will get you started. I’ve been using mine for over 20 years and it still works like new. But any major brand will suffice.
Reloading manuals-MUST HAVE. Follow the instructions to the letter.
Most manufacturers make a starter kit of some kind. Look into them. Once again, I’m partial to the RCBS brand. You’ll need dies for the calibers you intend to reload. I recommend starting out with straight wall pistol cases until you get the hang of things.
You’ll need powder, bullets, and primers, of course. Good luck finding those.
Let me know If you have any questions.
L
I see them online for the price. Shipping makes the difference. Seven cents for a minimag, if you can find them, without additional shipping, seems pretty good.
To be clear. I have not received any Ammo from Beebe family arms.
They seem legit, but I have seen some complaints of shipments taking a long time.
As always, buyer beware, do your homework!
There are a couple different types I used previously. I like the RCBS products. Cabelas will probably have some items on black Friday sales.
https://www.cabelas.com/shop/en/rcbs-chargemaster-link-electronic-powder-dispenser
you’ll also need to clean the brass, get dies for each caliber, buy powder and primers for your specific ammo. It’s a learning curve. The accuracy of my firearms has significantly improved since switching from stock ammo. Feel free to ping me with any questions.
Same here. I mostly hear 22’s.
I’m just saying at the end of the day If prefer the brass or copper plated mini mags then the dirty lead nose round even paying a premium for them.
Reload? Maybe 20 years ago. I see these comments now and laugh.
Primers are $100 for 1000, powder is $70 a lb. Component costs are astronomical these days
I can get 1000 rds of good 9mm range ammo for $289, free shipping. Much cheaper than reloading. Still get good bulk deals on ammo for the AKs too, plenty of that around.
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