This surge caught the ammo makers by surprise. The problem is that they were running at near 100% capacity according to Federal. So there is not much slack I. Production they can ramp up and they are not that willing to expand not knowing what long term demand will be. I expect them to wait until the mid term elections before any major changes. If the Republicans take back the house or Senate demand should drop but if they don’t then I expect this to last longer and we will see industry expansion. After all we are seeing prices so high that future prices should remain high for years. Not as stupid as now high but 25-50% higher than just a years ago.
