I had a dealer at a show I went to on Sat tell me that there’s no truth that the Feds are buying all the ammo including hollow points which is what I was looking at. He said the “rumor” was causing panic buying. I questioned him for awhile but he said he’s been in the business for 20 years so I couldn’t argue with him.
On another thread where I actually read the contracts. It appeared the contracts were an option, locking in price and qty but they only took delivery of a few hundred.
I have been trying to get my hands on some .22 LR ammo for months! I was finally able to find a Remington Bucket O Ammuntion, which is 1,400 rounds of hollow point 22 LR!
Paid out the rear end for it though!