Ammo Price Hikes Coming January 1st
Natchez Shooters Supplies reports that the major ammo makers plan to raise loaded ammunition prices effective January 1, 2008. This comes on the heels of ammo, brass, and primer price increases which went into effect in September. Remington has announced: “Based on our current assessment of metals pricing for the remainder of 2007, we anticipate the need to implement as additional 12% across the board increase on all ammunition and components effective January 1, 2008.”
Remington Price Increase Notice (.pdf)
If you plan to purchase loaded ammunition from the major domestic manufacturers, it’s wise to stock up before the end of the year. Likewise, we predict that European-made loaded ammo, such as Lapua .308, Lapua 6mmBR, and Norma 6XC ammo, will continue to rise in price due to increased material costs and the declining US Dollar. The chart below shows the U.S. Dollar to Euro exchange rate for the past year.
