Lake City Ammo plant

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Pivot Dr said:
Define hoarding!
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Hoarding is stockpiling more of something than you could ever possibly use, often for irrational reasons. But hoarding isn’t the right term to describe what we’ve been seeing over and over this last decade.

What we’ve been experiencing is panic buying, where people stockpile something they weren’t otherwise planning on buying out of a fear that it won’t be available then next time they actually want to buy it. This creates a self-fulfilling prophecy as everyone empties the shelves out of a fear of empty shelves.

Soon we’ll be seeing threads about price gouging, which is an entirely different thing. It’s amazing how otherwise hard-right gun owners and capitalists become socialists when it comes to ammo price.
 
Scooter22 said:
Besides Lake City/Winchester cancelling consumer contracts don't forget Vista sold their ammo companies to a Czech based company that is a major military supplier. Thats CCI, Federal, Remington, Hevi Shot, and Speer. So who knows what the future of ammo supply will be in the US. Especially whats going on over seas.
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I don't see that in itself, making any difference. I actually trust the Czechs more than I do the management of Vista in the first place. The Czechs learned the lessons the hardest way possible...under the boots of the Nazis, only in turn to have that right boot replaced by the Communist left boot. If anything, I see improvements coming from that. They won't be packing up the plants and moving them to the Czech Republic.
What will effect it..no matter who owns the plants..is demand buying up more than they can make.
 
I stocked up the day after the hamas ( doesn't deserve caps ) maggots attacked Israel ( THEY deserve caps. ) In the two weeks since I have noticed that M-855 ammo disappeared overnight. I was lucky to snag one box of 150 rounds. on day one. A drive a week later to the Scheel's in Iowa city was a waste of time. "They were gone two days ago" the clerk told me. They still had some M-193s so I bought 500 rounds of those.
 
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Elkins45 said:
Hoarding is stockpiling more of something than you could ever possibly use, often for irrational reasons. But hoarding isn’t the right term to describe what we’ve been seeing over and over this last decade.

What we’ve been experiencing is panic buying, where people stockpile something they weren’t otherwise planning on buying out of a fear that it won’t be available then next time they actually want to buy it. This creates a self-fulfilling prophecy as everyone empties the shelves out of a fear of empty shelves.

Soon we’ll be seeing threads about price gouging, which is an entirely different thing. It’s amazing how otherwise hard-right gun owners and capitalists become socialists when it comes to ammo price.
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I constantly have to point out "price gouging" is not a real concept in economics, its the economics equivalent of a perpetual motion machine in physics.

Hoarding is also a dangerous term. How is one to delineate "than you could ever possibly use"? By that standard neither toilet paper nor masks, nor sanitizer was really hoarded during COVID. And as you point out neither was ammunition.

People bought large amounts of Ammo during COVID partially out of fear of shortages making supply difficult, but also because they perceived that they would need it in the event of civil disorder. The demand curve shifted to the right as supply shifted left, and this process created a feedback loop on the demand curve where fear of future shortages drove up demand. But the start of that process was not a fear of shortage.
 
About 4 months ago I saw a lull in the rise in ammo prices and the whole Ukraine thing sorta fell from the news cycles so I felt it was a good time to buy ammo.
That translates to 4K rounds of 9mm, 3K rounds of 223, 1K of .45, 2K of .308 and about 3K of shotgun shells because I shoot trap/skeet often.
I think I'm okay for now!
Edit: Now that I look at my post I'll buy more, <EG>
Just added another 1K of 223 and 2K of 9mm
 
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You know we go through these cycles all the time and the shortages are created by panic buying and unfortunately when the cycle ends, it ends with prices being higher than before it began . I've got enough inventory and resources to last me the rest of my life even if I shoot daily, simply because I always did monthly purchases every pay period. Been doing this for years and over the decades I have amassed a healthy cache to resist an invasion. Just came from the P.X a couple of hours ago and they had CCI ammo the 100 count box for $6.99, bought 2000 rounds and left 1000 for the rest. I'll check in a couple of days and if it is still there I'll buy it. Can't never have too much 22lr.
 
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Thankfully, I'm not too concerned about buying ammo. The three main calibers I use I either reload myself (when I can get brass & primers) or I already have a large supply. Those three are .380, .38 Special, and .357 Magnum. I have enough .22LR to last me the rest of my lifetime - considering how little I get to shoot. 😞
I also don't use my .243 for anything anymore but I keep several hundred rounds of different weights handy. Same for my 12 gauges but that numbers about 5K now (down from ~10K) as I haven't bought any in several years.
 
Balrog said:
I heard reports that the plant at Lake City will stop civilian sales because of military demand.

If things continue to heat up in the Middle East, do you think ammo supply in the US will dry up? Is anyone stocking up now while stuff is available?
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Since thr.ptimer shortage in.the 90s during the Clinton Administration I've made it a point to maintain adequate stocks.
 
9mm 115 grain ammo is available from a number of big internet vendors for around $259 for 1000 rounds right now. That's fairly typical for prices over the past year or so - I've seen as low as $239 for 1000. This is for 9mm ammo like Blazer Brass, MagTech, S&B, Remington, etc. I don't think the current fighting in the Middle East is going to affect the supply of 9mm directly, because not that much fighting (or practicing) is done with pistols in 9mm.

But major producers may dedicate raw materials and focus production facilities for the manufacture of 5.56 and 7.62, which is being used prodigiously in the fighting in Gaza. One of the lessons of Ukraine is that you can't have enough ammo.
 
HighRoadRover said:
9mm 115 grain ammo is available from a number of big internet vendors for around $259 for 1000 rounds right now. That's fairly typical for prices over the past year or so - I've seen as low as $239 for 1000. This is for 9mm ammo like Blazer Brass, MagTech, S&B, Remington, etc. I don't think the current fighting in the Middle East is going to affect the supply of 9mm directly, because not that much fighting (or practicing) is done with pistols in 9mm.

But major producers may dedicate raw materials and focus production facilities for the manufacture of 5.56 and 7.62, which is being used prodigiously in the fighting in Gaza. One of the lessons of Ukraine is that you can't have enough ammo.
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Excellent point !
 
I just left a large sporting goods store. The gun counter was full of guns and the shelves were full of ammo and components. Some what inflated prices but they had stuff. A large selection of powder, mostly in the $40/lb range. A good selection of ammo. My buddy bought 2 boxes of 243 for $39.95/20. They had most of your common cartridges covered and some not so common stuff. Somewhat inflated prices but they had it. I bought 500 Sierra .224 55 grain BlitzKing bullets for $129.
 
A man can have whatever supplies he feels nessary, and can afford. I don't like scalpers of any kind, but my opinion is only worth what you paid for it.
 
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