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A Message From Federal, CCI, Speer And Remington President Jason Vanderbrink On Ammo Demand
nononsense
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Thanks for posting the video, and getting the straight story.
Shared, thank you.
I happen to watch it on youtube last night and debated posting it
so thanks for sharing it .
you can tell the frustration and also the appreciation he has for the situation
I would image it would get old having all the complaints and sure most are not nice in there wording while trying to fill the void
Unfortunately in the gun business, there is a segment of the customer base that is not the most eloquent and have no understanding of how the free market system functions. And typically they also happen to be the loudest.
I seen that. Didn't realize one company made all those brands.
8,000,000 new shooters X 100 rounds each = 800,000,000 rounds of ammo. That's not the total demand, mind you. That's ON TOP OF all previous demand.
"Hello, Federal? Could you double my order to a full billion rounds please? And can I get it by Friday?"
I'm not a conspiracy guy, but it for there to be extremely high ammo demand, there has to be extremely high ammo purchases. Yet, every caliber I have looked for in stores and online for weeks is unavailable. It can't be purchased if it isn't available, so where is the demand coming from?
Should have stocked up a head of time. Now prices are ^
Me too ! Glad to see you
This is deja vu all over again. I've talked to guys in a couple of different stores and they do get ammo shipments in. Not as often as before this latest run on ammo because their distribution warehouses are depleted. One guy told me to check on gun broker and the local small dealers if I needed anything because all the ammo they sell at somewhat normal prices ends up there. I told them they might as well raise their prices to discourage the guys buying it to resell. At least their customers could avoid the shipping charges. I don't need anything but I could stand to have a few more 17hmrs. I can wait for one of the dealers to let me know when they have some because I won't pay the going auction rate. $100 a brick is bad enough so I won't pay 2-3 time that at auction. Thank goodness I stocked up on everything else over the last 4 years so I can just sit back and watch the craziness unfold. Bob
Think about what an empty supply chain for 100's of thousands of retail outlets has to do to get ample supply on each shelf. Then add in employees buying up or selling to friends the few boxes that trickle in, plus backorders being filled, plus big buyers buying large quantities to sell online at inflated prices.
"Better get it while you can."
"I bought all they had"
"Stock up now."
And you ask where the demand comes from? There are something like 150 million gun owners in the country, most of them with several or many guns. You realize what it takes to supply that kind of normal demand, yet alone panic buying? Get real.
I never thought it was a manufacturer slowing things down. That is dumb business.
I see hoarding, new shooters, military demand, panic buying and plain old fashioned greed by some sellers.
Biden's election has only made it worse, it will stay bad for a long time, possibly years.
At least another year maybe two
My question concerns pricing. I noticed that was not mentioned in the video. Tight supply and increased demand can result in higher pricing. If I owned stock in an ammo producing company I would expect (hope?) that to happen. With that in mind, and a reality that end user pricing has increased, is that only on the retail end or does it come from manufacturer to distributor or wholesaler?
Seems to be a theme. Hornady
https://www.youtube.com/watch?v=cCgQ2DV0n6Q