Dan Z. for TTAG
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Reader C. Allen Cody, Jr. writes . . .

Why are ammunition primers scarce? Collusion? Gun Control? Price Controls? Revolution? No one knows for sure, but what we do know is that ammunition primers have been, and will remain, scarce, and there will be limited availability until later this year at the earliest.

Two corporations in the shooting sports arena – Olin Corporation and Vista Outdoor, Inc. – have a corner on the market for ammunition primers, at least here in the US. One startup company, Expansion Industries, is stepping up to help fill the void.

Historical Backdrop

2020 and 2021 saw the addition of several million new gun owners, and the demand for ammunition in all the popular calibers increased dramatically. And yet for months, retailer shelves have remained bare of primers for both pistol (small and large), rifle (small, large, magnum), and even shotgun ammunition. A check of popular retailers’ websites that normally stock primers for sale to the public indicates that most (not all, but close to it) primers are out of stock and on backorder. Sure, scalpers are still offering primers for sale on some websites, but there’s still a very limited supply available.

Gun owners and shooters universally understand that ammunition primers are an essential component in the production of centerfire ammunition. Simply put, the primer is what makes the gun go bang. The cartridge won’t fire until the primer ignites the powder and sends the bullet down the barrel toward its intended target.

Without all of the essential components — the primer, the shell casing, the gunpowder, and the projectile — gun owners can only purchase factory ammunition.

Gun and ammunition sales began to skyrocket at the beginning of 2020 as Covid ramped up, the George Floyd riots raged and the election neared. Ammunition supplies became scarce and only recently has ammunition in most popular calibers become available again, albeit at higher prices. Granted, the Covid pandemic created materials supply challenges and shortages, and this added to the manufacturers’ inability to keep up with demand. Lately, ammunition availability has increased, but so have prices.

Basic laws of economics dictate that prices rise when demand exceeds supply. The lack of supply of primers means that reloaders — the portion of shooting sports enthusiasts in this country that reload spent cartridges at a significant savings — simply means that purchasing factory ammunition is the only solution if the components aren’t available.

To be fair, reloading isn’t all about price. A skilled reloader can achieve greater accuracy over the use of factory ammunition, and the use of specific components will achieve superior results over factory loads for different uses like hunting, target shooting, or self-defense.

Olin Corporation

In 2021 Olin (NYSE: OLIN) recorded sales revenue of $8.9 billion dollars. Olin owns Winchester Ammunition. In September 2019 Winchester received a 7-year contract to operate the Lake City Army Ammunition Plant in Independence, Missouri, and the company assumed full control and operation in October 2020.

In its 2021 annual report the company noted that sales to US Government Agencies under contract accounted for only 4% of revenue, but that is largely due to Winchester. Total 2021 backlog associated with the Winchester business was $2.2 billion, and $1.9 billion as of January 31, 2022. International sales accounted for another 5% of Winchester revenue. 2021 Winchester sales increased by $656 million, primarily due to increased commercial ammunition pricing and higher commercial and military sales volumes, which includes ammunition produced at Lake City.

Vista Outdoor

Vista Outdoor, Inc. (NYSE: VSTO) reported 2021 revenue of $2.2 billion. The company operates two segments – shooting sports, and outdoor products. The shooting sports segment’s share of revenue equaled 68%, or approximately $1.5 billion dollars. Vista owns CCI, Federal Premium, Alliant Powder, and RCBS (reloading equipment), among other brands in its shooting sports segment.

Vista notes in its 2021 annual report that ammunition sales accounted for the largest portion of the shooting sports segment’s revenue, and that ammunition is a “consumable, repeat purchase product.”. The revenue derived from ammunition sales to government agencies is unclear.

A Corner on the Primer Market

Together Winchester, CCI, and Federal Premium currently account for most of the ammunition primers produced and sold in the US. According to publicly available data, since 2015 Olin has received more than 1,600 federal contracts to supply ammunition and components to federal agencies. Vista has racked up more than 1,000 similar contracts in the same timeframe.

Many of these contracts are multi-year procurements, and financial data taken from their respective annual reports suggests that ammunition sales account for annual revenue in the hundreds of millions of dollars for each company.

According to articles and videos available on social media outlets, when questioned about the lack of availability of ammunition and primers both companies have been quick to respond that (paraphrasing) they are working around the clock to increase capacity to meet pent up consumer demand. To make matters worse, in December of last year a Vista spokesperson stated that CCI and Federal primers would be unavailable for 2022 due to the need to make ammunition to meet demand, and the company would not accept more orders until further notice.

All of this leads to several questions of why are primers still relatively unavailable? Among the possible theories, all but one makes no sense, are unprovable, and will surely enrage certain political factions of the country with cries of conspiracy, or worse.

Gun Control

The most glaring question is why are federal government agencies, e.g., ATF, Homeland Security, FBI (as well as the armed forces through government owned manufacturing facilities, e.g., Lake City) buying so much ammunition? On its face it doesn’t make sense because the Biden Administration is clearly anti-2nd Amendment, and pro-gun control. The plethora of litigation within our federal judicial system is a testament to the government’s repeated attempts to keep guns out of the hands of law-abiding citizens.

One possibility is that the government may be intentionally stockpiling ammunition, either as a form of gun control or in preparation for an unknown, future event. We can’t prove it, but it could be to effectively limit or remove supply available to the public – i.e., as a form of back door gun control.

The government cannot legally prevent citizens from arming themselves or taking advantage of their constitutional rights, but it can buy up available supplies of ammunition and components to prevent — to some degree — the use of civilian-owned guns. Bluntly put, you can’t shoot a gun if you don’t have the ammunition for it. You can’t reload your cases if you can’t get components (i.e., primers, powder, projectiles). The rebuttal to this is that government ammunition purchases quantities have been relatively stable for several years and current purchases don’t represent an unusual increase in volume.

Of course, a more sinister theory would be that the government is stockpiling ammunition in preparation for what it perceives as the possibility of a violent insurrection. That kind of talk, however, promotes claims of crazy conspiracy theories from the left and the mainstream media. We won’t go there.

Price Controls and Collusion

It should be known that while government sales generate a stable revenue stream for ammunition manufacturers like Olin and Vista, the government does not (i.e., will not) pay a premium price. Profit margins rarely exceed 10% for federal contracts. However, it will reimburse the contractor for legitimate (allowable) costs, such as for materials and a separate, modest “fee.” And we know that materials costs have been steadily rising. As we have seen both companies are large, publicly held corporations and shareholders are normally unimpressed (i.e., unsatisfied) with low profitability.

This leads to another theory that Olin and Vista are intentionally limiting commercial supply of ammunition and components to drive up prices, all the while claiming they’re doing the best that they can to produce ammunition. In other words, they’re allegedly colluding to drive prices and profits up. The government won’t pay premium prices so, this theory goes, the higher profit margins have to come from retail and commercial sales.

 

Again, the data don’t support this theory. In fact, Vista claims that its commercial ammunition sales dropped after the 2016 general election, and only picked up prior to the 2020 election.

While the data show that both companies have focused on satisfying government contractual sales, the collusion theory is unprovable and would create a sizable backlash from customers, the media, and politicians. At best we can conclude that both companies are working to meet their government contracts, but may have focused too heavily on the government sales to the detriment of commercial side of the business. Therefore, we will chalk this up to be another conspiracy theory and end it right there.

Reality

This leaves us with the most plausible — and most sane — reason for limited primer availability. The confluence of world events has created the current shortage. The Covid pandemic resulted in labor and materials shortages, higher prices, and increased regulation regarding transportation of product to market. This is coupled with economic and political unrest and uncertainty in the US, increased gun sales, war in eastern Europe, and threats of conflict with other countries.

All have contributed to the current primer shortages. Both Olin and Vista are in business to make a profit, and they are producing as much ammunition (and components) as possible, considering all the market constraints under which they must operate. Adding capacity is a slow and expensive proposition. And adding capacity now may result in idled machinery and layoffs in the future when demand eventually cools…prospects both companies no doubt want to avoid.

There is Another

There is a glimmer of hope for reloaders, however. Expansion Industries out of Carrollton, Texas, has entered the primer manufacturing arena and expects to begin shipping primers to wholesalers later in 2022. The author contacted the company regarding the future availability of primers and heard back from Rickie Smissen, Jr., Expansion Industries co-owner and national marketing director.

Smissen explained that the company was formed to fill the imbalance in the retail side and will be supplying both primers and ammunition to the commercial market in the coming months. Smissen noted that initial production will be allocated to its original equipment manufacturer customers first because “they took a chance on us and ordered when no one knew who we were.”

Expansion’s OEM customers (i.e., small to medium factory operations, mom and pop ammunition shops, online reloading supply retailers) will get their orders filled first before retail customers will be able to purchase product directly from Expansion, but Smissen added that, “eventually they will be able to do so.”

As far as the collusion theory goes, Smissen said “at the end of the day if you are an ammunition manufacturer and you signed a contract to produce ammunition for Uncle Sam, [then] you are subject to getting that contract done first, and the rest of your business becomes secondary… But it’s not honest to say those contracts don’t have an effect on domestic ammunition supply.”

Smissen went on to say, “The real question that people are not asking is why after such a demand increase, do domestic ammunition manufacturers not double down, reinvest in their companies, reinvest in American Jobs, and produce more product? In our case it’s left an incredible opportunity to fill the gap the other larger manufacturers either don’t want to fill or can’t fill.”

Expansion’s solution to the imbalance between government and commercial sales is “to just make more pie.” Smissen theorizes that a lot of manufacturers are “happy with their profit margins and either lack the will power or logistics to increase their energetics/primer capacity.” He said Expansion designed their energetics lines with cell manufacturing in mind, and that “we can increase our lines at a fraction of the cost of implementing a full line and we can react easier to what the market demand is.”

But what about pricing? Smissen explained that all the OEM customers have signed “MAP” pricing agreements, or the minimum advertised pricing, to try to help prevent any price gouging. He adds, “The biggest way we are combating that is by ramping up our production and selling a sizable amount of primers. Eventually the volume we expect to manufacture will help stabilize the primer market domestically.”

Finally, he stated that, “We are hoping that by the end of the summer that our first energetics/primer building will be at full production with other energetics/primer buildings going live first quarter of 2023.”

It will be interesting to see how the rest of 2022 plays out regarding Olin and Vista Outdoor. For now, however, we can only wait and hope that the future will turn brighter for reloaders once Expansion Industries begins full production.

 

Disclaimer: The opinions in this article are those of the author alone, offer information only, and do not reflect opinions from any other source. Wherever possible, information was gathered from reliable public sources such as the Internet, company press releases, or social media outlets. This article is not intended to promote, advertise, or sell any product or service. The author did not reach out to either Olin or Vista Outdoor for comment. Comments from Expansion Ammunition were used with permission.

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72 COMMENTS

  1. Good, get their asses in gear, we’ll likely never see .03 each ever again, but at .05 per I could live with it…

  2. Why don’t these companies do the right thing and limit the govt contracts to make more available to the public. I understand its easy money in the bank but c’mon. grow some balls and tell the govt to stuff it. And make more available to the public. They do not have to sell everything to those agencies and they know it. An important point this article did not touch on.

    • Pissing off the government, is like picking a fight with a person who makes the rules of the fight, has almost unlimited resources and even if they lose, there are still no real consequences for them.

      I’m sure inspectors can shut down the plants for “inspections” based on anonymous tips, or maybe a full financial audit based on “Discrepancies” in filings. How about forcing compliance on and a new “interpretation” of existing environmental impact laws. You can fight all that in court and even win but how much time and resources will that take, while a judgement against the government is most likely a civil fine paid by the public is both taxes and increased cost to cover the litigation.

      • Absolutely right on the nail head. You don’t want to poke the 800 pound gorilla when he is out in the wilds. You only want to poke him when he is safely in a cage and there is no handy fecal matter lying around for him to hurl at you. There are so many ways the government can intrude into your life. Did you notice that right after Musk bought into Twitter and made a run at the board that his automobile company got visited by the IRS and one other federal goobermint agency? Coincidence? Okay, so I don’t believe in the Tooth Fairy and the Easter bunny. The doesn’t make me wrong to believe that there is no such thing as coincidence when it comes to goobermint agencies.

    • As I wrote this article, I asked myself this same question. But both companies are large, publicly held corporations that ultimately answer to their stockholders. It appears that both have focused on the guaranteed revenue from government sales. Remember both have thousands of multi-year contracts. As a reloader I want the opposite, but it is what it is and out of our control. The more important question, in my mind, is why the government is buying so much ammunition? Is this routine? Is the quantity above “normal?” Is there an alternative agenda at work? No one will give us a straight answer. But Expansion’s response is not to limit sales to either segment, but rather to ramp up and make more. Stay tuned.

      • “The more important question, in my mind, is why the government is buying so much ammunition? Is this routine? Is the quantity above “normal?””

        Replenishing stock drawn down by 20 years of oversea combat operations?

        And if it gets down to it, the Government may be able to legally ‘commandeer’ civilian munitions with the Defense Production Act to put DOD 1st in line, as TTAG commenter neiowa adroitly noted just below.

        (I’m also curious as to why TTAG simply didn’t give you the byline, instead of “TTAG Contributor”. You were obviously paid for the article, and I would hope that would be a professional courtesy…)

        • Thanks. FYI I was not paid by TTAG or Expansion. Yes, it would have been nice to get the byline. When I looked at government purchases, it seemed to me that a lot of the contracts were for the federal agencies like FBI, Homeland Security, ATF. Granted a majority of the ammunition may be going to the military via production at plants like Lake City, but it raised the question why the agencies are adding to their supply.

      • “But both companies are large, publicly held corporations that ultimately answer to their stockholders“

        Welcome to capitalism!

        “At best we can conclude that both companies are working to meet their government contracts, but may have focused too heavily on the government sales to the detriment of commercial side of the business. Therefore, we will chalk this up to be another conspiracy theory and end it right there”

        I’m sure the two corporations and hold a monopoly on the production of primers do indeed want to “end it right there”.

        Our grandparents understood the dangers of monopolies and trusts, and also understood that big business was often the enemy of the individual American citizen.

        Those times are over, and the citizens United Supreme Court decision ensures that multinational corporations will continue to use their cash to control our governance.

        • As opposed to our public employee unions, who never do such dastardly things, amirite, MajorStupidity?????

          Next time you “have a thought”??? Treat it kindly; it’s in a strange place.

          You are too stupid to insult, MajorStupidity. Return to your circle jerk.

      • Biden wanted to make sure he left plenty of ammo for the Taliban to sell for cash but mostly for purposes of unlimited murder.

      • Especially when some calibers equal more ammo than was purchased for WWII. I don’t care how many of these — I don’t have a good term for it. At the squad level there is no such thing as a limited war. For the nation, perhaps they qualify for that sobriquet, but whatever. WWII required the mobilization of the whole country. There were no appliances available. No housing was built. No automobiles for civilian use were built. You couldn’t buy bullets at all period. All the copper and lead, both of which were mined in this country, went into making munitions for our armed services. The production lines today are most likely no bigger than they were during WWII and in many cases, I suspect smaller, yet the government contracts call for ammunition purchases larger than were manufactured during WWII. The goobermint says it is to replenish supplies used up in training. Come on. They are buying premium defensive ammo. The goobermint doesn’t waste money on premium ammo for its grunts. And let’s face it, the gun toters are always at the end of the supply line. They get fmj el cheap ammo for practice. I think that ammo is going into “undisclosed location” stockpiles. Yes, of course, I am paranoid. That still doesn’t make me wrong. In my book with the present goings on in DC if your are not paranoid then you are really crazy.

        • No, you’re not crazy and no more paranoid than me. You can easily search “Olin [or Vista Outdoor] government contracts” and then peruse them on the government site. The complexion of these contracts indicates that many of them have been let by the agencies – FBI, ATF, Homeland Security, etc., etc. You wouldn’t expect some of these agencies to buy ammunition, but they are. I could more easily digest this if the bulk of the ammo were going to military. And what are they really doing with it? I just reported what I could learn, and left readers to draw their own conclusions. Thanks for your comment.

    • If .mil is short on ammo (and 100% chance the bunkers are NOT filled to adequte levels) the fed will use the Defense Production Act to put DOD 1st in line. As it should be. Stop whining.

      DOD closed many ammo plants since the Cold War under the BS BRAC. “Peace dividend” BS. Guess what, Cold War is back.

      • Fuck them. They can open their own ammo plants like they used to have instead of doing this commie business seizure bs. Nobody should be obligated to do business with any customer they don’t want to.

      • “and 100% chance the bunkers are NOT filled to adequte levels“

        What, Donald Trump let the shelves go bare of needed defense supplies?

        And now POTG are upset that ammunition manufacturers under the Biden Administration are doing their best to rectify this critical supply shortage that affects our national security?

        Fascinating…

        • Oh, f*** off, MajorStupidity, you pathetic, puling, pustule of partisan, pusillanimous prevarication!! We are SO sick of hearing your “but TRUMP!!” bulls***. EVERYTHING you’ve accused Trump of, and more, has been done in SPADES by your fellow Leftist/fascists, like Barry Soetoro, Senile Joe, Billy Zipperpants, and Lyndon the Racist Baines Johnson. Just f*** right off. Go away, and spread your lying propaganda elsewhere, you pathetic troll.

  3. Why no mention of Remington being out of the market due to bankruptcy and what effect their coming back on line may, or may not, have on primer availability? Were they that small a player in components before?

    • May fall under contract fulfillment bankruptcy or not. Be neat to find out what is going on there but I think it may be a while before we get a clear picture.

    • Skinnedknuckles,

      Did Remington manufacture their own primers for their own ammunition production? Or did Remington buy primers from Olin and Vista?

      • No idea but always ASSUMED they were independent for all the components for their ammo. Their primers were always considered to have distinct properties of their own.

      • Good question. I am unsure about Remington’s past, but Vista Outdoor purchased Remington and so future ammunition and/or primers manufactured under the Remington brand name will be made by Vista.

  4. If they bump up primer availability for the consumer then I’ll be very happy even if I have to rework my load data. Now I just need someone to make brass more available for something other than the big three (9mm, 5.56 and 308)

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    • Just buy no more than a brick of 1000 primers at a time. Or a brick of large rifle and a brick of small rifle primers, depending on your needs.

    • I buy lots when times are good and prices low then laugh at fools at gun shows trying to sell to me at 150+ a k.

      Only high consumers who have to, people late to the game and fools buy at times like these. Its not like this cycle hasn’t come before.

      • I’m sorry, but you seem to be thinking about the wisdom of your grandparents.

        Unfortunately, we’re dealing with the millennials need for instant gratification so you’ll be hearing much wailing and gnashing of teeth over normal supply chain fluctuations.

  6. Looking at what there is out there that is available and you quickly get the idea that the manufacturers are focusing on filling the greatest volume of orders, and in particular, ammo for all the new buyers of small handguns and AR/AK rifles.. There is 9mm, 7.62×39, 7.62×51, .308, .223, 5.56 40mm, and 45 acp, plus some of the more common hunting rounds. So I you are looking for something a bit off the beaten path, it is probably not being produced at all right now. For example, there is hardly any .45-70 government, loaded or just cases, because they do not have the sales volume like the others.

  7. Its common for people who don’t understand economics to mix demand theory with price theory.

    But I digress.

    One other economic concept is that high prices draw new producers into an industry. The presence of a new supplier exerts downward pressure on prices until another equilibrium is found.

    Google “The invisible hand”

  8. When I see a line like this “Smissen explained that all the OEM customers have signed ‘MAP’ pricing agreements, or the minimum advertised pricing, to try to help prevent any price gouging.”

    … it makes me wonder. MAP doesn’t do anything to prevent high prices. It exists to prevent LOW prices.

    • Traditionally that is the purpose of a MAP; in this case a MAP that is close to what the scalpers are charging will cut scalpers out of the market and direct profits to where they are useful – the company making the primers. Removing artificial demand (and yes, the ammunition scalpers are a form of artificial demand) allows the company to gauge actual demand and ensures that normal buyers have access to primers. This will be most effective if paired with customer rationing.

      I am in favor of this. I would rather have a source for primers and pay more for it directly to the company than have scalpers lining their pockets and bottlenecking the gun owning public’s access to basic components.

      • A MAP that is close to scalping prices _doesn’t help us_. I can buy small primers all day at 10cpp shipped right now. Having these guys put MAP at 10cpp just protects their profits and nothing else; it slows down the market’s return to normal primer prices.

        There is nothing consumer-friendly about MAP.

        • You’re missing an important part of that formula; Where the profit is going. Would you rather purchase 10cpp from a scalper on gunbroker who maxed out their credit card pre-pandemic buying everything up and is selling it at inflated prices? Or would you rather spend 10cpp and have that go to a company whose stated goal is to expand production and meet the increased demand in the civilian market? You are spending the money regardless, so where does it do the most good for the market?

          The MAP will go down as the market demand decreases, else the company will not survive. Anything that helps break the current stagnation in ammunition and component pricing is a good thing. Scalpers are not.

      • Completely false. Horizontal price fixing is an agreement between MANUFACTURERS to charge the same price for a good/service. An example of Horizontal Price Fixing is OPEC. A Minimum Advertised Price is an agreement between a manufacturer and their vendors. An example of Minimum Advertised Price is Glock, which has utilized Minimum Advertised Pricing for decades with no issue. With Horizontal Price Fixing there are no other supply options due to the conspiratorial agreement of the manufacturers. With Minimum Advertised Pricing other manufacturers are free to undercut, and vendors are free to go elsewhere for product.

        I leave it to TTAG’s readers to decide if your comment was deliberate deception or a depressing example of the failure of our public schools to teach basic economics.

        • “Completely false. Horizontal price fixing is an agreement between MANUFACTURERS to charge the same price for a good/service“

          Really? Strange, that’s not what the federal statute says, there’s no mention of “MANUFACTURERS” as you put it.

          “Section 1 of the Sherman Act condemns any contracts, combinations, and conspiracies in restraint of trade, which includes vertical and horizontal price-fixing schemes. Horizontal price fixing involves competitors that agree to raise, lower or stabilize prices.“

          Horizontal means any level of competitors, as opposed to vertical.

          “Smissen explained that all the OEM customers have signed ‘MAP’ pricing agreements“

          This means that the OEM customers, who are indeed competitors with one another, have agreed among themselves to maintain a set price.

          Important fact, this is also vertical price fixing, because the ammunition manufacturers will not sell to the OEM customers without them signing the agreement to fix prices via an MAP.

          No one should complain, this is capitalism as she is practiced in America.

          Ain’t it grand!

        • Your stupidity is absolutely top shelf.
          YOUR OWN QUOTE.
          “Horizontal price fixing involves COMPETITORS that agree to raise, lower or stabilize prices.“”

          There is NO AGREEMENT BETWEEN COMPETITORS HERE. This is a SINGLE COMPANY telling their VENDORS what the MINIMUM ADVERTISED PRICE IS. Again, GLOCK HAS DONE THIS FOR DECADES as have PLENTY of other manufacturers. The vendors have OTHER MANUFACTURERS to choose from and do business with, and the other manufacturers are free to undercut this new business.

          “This means that the OEM customers, who are indeed competitors with one another, have agreed among themselves to maintain a set price.”

          No. There is no agreement between the OEM customers. There is an agreement between each individual OEM customer and the supplier. That is not the same thing as all the OEM customers sitting down and conspiring to set a standard price amongst themselves. There is a clear distinction between those two scenarios and the law is quite clear. If what you’re saying is true then why haven’t they been sued yet? Why hasn’t every gun store that sells Glocks and has signed MAP agreements with Glock been sued? The answer is that you are ignorant of what you speak.

          But then that’s assuming any good faith, which there is none, since you’re a disingenuous, lying, grade-A troll.

  9. The reason primers are hard to find and expensive is pretty simple. PROFIT. Companies make way more money selling complete ammunition, rather than separate components, including primers. In business, you sell what makes you money, period. Re-loaders are such a small percentage of the market to be irrelevant, in the great scheme of things. I know that’s not what people want to hear, but its the truth. When ammo demand falls, primers will return to the shelves. The real question is why no one has a made a “Create your own primer” kit??? Maybe that’s the real conspiracy?

  10. Well. It’s still months out, but I hope this at least takes the edge off. It would be nice to see more primers.

  11. “One possibility is that the government may be intentionally stockpiling ammunition, either as a form of gun control or in preparation for an unknown, future event. We can’t prove it, but it could be to effectively limit or remove supply available to the public – i.e., as a form of back door gun control.”

    1 )Who is “we”?
    2) You didn’t even try to prove it.

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    Winchester Large Rifle Primers #8.5-120
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    CCI BR4 Small Rifle Primers
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    Shooters World Heavy Pistol Powder Smokeless Powder 8 lbs
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  13. Vista has not said there will be no more primers in 2022. They said they were taking no new ORDERS for 2022.

    With their current backlog of orders, they will be shipping through out 2022.

  14. Luckily, I began stockpiling components before Ammogedon hit, but I underestimated how long the current shortage would last. So the 3,000 primers in both Small Pistol and Small Rifle I had on hand has dropped enough, I’ve curtailed my range trips, as I’m down to about 900 of each. Large Pistol and Rifle, I only stocked up on a 1,000 of each, as Small accounts for about 90% of my practicing.
    What’s really pissed me off is the Price Gouging going on. A box of a 100 primers was under $4, now, the same box can run anywhere from $14 to $50. That’s blatant Usury.

    • There is no such thing as “price gouging”. The present price of primers exists at a price point that’s distasteful to you and that’s not gouging. That’s simple economics.

      Throughout your entire life you have not made purchases because the price point was either distasteful to you or you simply didn’t have the economic means to afford it. Are you going to tell us that in each and every case that price gouging was to blame? Give me a break.

      Instead of buying primers you should buy a dictionary and learn what usury is…and isn’t.

  15. Maybe we SHOULD “go there” when searching for the causes of ammo shortages. WHY are govt agencies stock-piling so much ammo? WE THE PEOPLE are paying the bills and have a right- not to say, duty- to know. Steering clear of the question is cowardice, at best.

  16. MAP pricing is designed to prevent discounting, not price gouging. A retailer cannot sell for less than MAP, but there are no limits on how much OVER MAP they can charge.

  17. Your point is well taken. I only reported what Expansion stated as its intent regarding the use of MAP pricing. I’m no expert, but I suspect its use is to prevent discounting as well as price gouging. Market forces will likely prevent gouging, especially as supply ramps up so MAP pricing would also help to prevent discounting. But I can’t comment on if Expansion would be okay with that as long as they get their price at the wholesale level. Most retailers understand they can actually increase overall profitability through discounting but only to a point. We can look at Walmart to understand this. Would you rather sell 1000 items at 5% margin, or 100 items at 20% margin? No one is going to sell below their cost unless they have to.

  18. Hornady Black .450 Bushmaster 250 GR FTX 20 Rounds
    223 5.56×45 Ammo 55gr FMJ Federal American Eagle (AE223BKX) 1000 Round Bulk Case
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