Expect Ammunition Prices to Increase

Shooting Illustrated ^ | 11/14/23 | GUY J. SAGI

[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.”

[Noumenon]

Good to know.

[Obadiah]

Thanks. Haven’t used them before, but I will now.

[1of10]

Once again I’m overloaded with the loading...
a lot of things to learn .... and that explosion right beside my face ...

for now ... I think I’ll just have to buy em as long as they still sell em...

If I ever run out ... well ...I still have my stick.

[Lurker]

Sorry, it’s a Lee die.

But I think my point still stands. Someone once asked me why I bought the Lee instead of an RCBS. I told him it’s because it came with the correct shell holder included while RCBS sold it separately for an extra charge.

L

[Noumenon]

I’ve got a mix of RCBS and Hornady dies. I’ll test the premise when I start cranking out black tip projos on top of Lake City match 30.06 brass.

[Lurker]

Don’t be intimidated. Reloading is a fun hobby and a very valuable skill. You don’t have to jump in neck deep all at once. Buy a manual or two. Read and learn.

You can do this.

L

[1of10]

” Buy a manual or two”

I think this is my best bet for now.

I think I’ll build me a small shed with this use in mind ...
if I really start getting the info , maybe I’ll have some idea what I’m doing by the time I have the building .

8’ by 12 foot .... pretty simple ...be ready by spring ..
give me some time to study.

thanks for the prod... I will report back when I have some progress or questions.

[Lurker]

Happy to be of service. Feel free to PM me with any questions.

Best,

L

[Big Red Badger]

My 1911 is going low left...
If figure the noise will
Run them off !