Cancelled backorders for Federal 22LR on MidwayUSA

[ChattanoogaPhil]

To my surprise, Cabela's sent me the $10 gift certificate.

So for ordering a $18.99 box of .22s... I got the box of .22s, free UPS shipping, $10 gift certificate and a $20 off $100 purchase coupon. Interesting business model.

Cabela's (CAB) is near it's 52 week low. I'd be selling.

 

[gatchelguy]

They cancelled my order for a Remington Bucket O Bullets last week. One would think a company as big as Midway could get all they want of whatever they want. Somehow this just ain't passing the smell test.

 

[mtrvl]

I had the same backorder....a bucket of Remington 22's. They cancelled it, no doubt, because those $69.00 bullets now bring $139.00 on other web sites. I will never do business with Midway U.S.A. again.

 

[Wumpus]

I ordered 8,000 rounds on a lark, a year ago in January (3333 bucket and 5000 CCI). At the time, estimated arrival was July and November iirc.

Never actually expected to get them, and have found Winchester ammo cans at Dick's since then. I'm certainly not going to blame Midway for canceling my order after a year...

 

[Sconnie]

its available....... I was at my local W/M yesterday grocery shopping with wife and both my boys, me and the boys went to sporting goods and almost fainted, they had 30 boxes of Winchester 555 bricks on the shelf for $27.88 ea limit 3. Called the wife to come over and left with 12bricks.

I guess I just think small. I just can't imagine having that much 22LR on hand but that is me. Enjoy.

 

[tomcatt51]

I'm certainly not going to blame Midway for canceling my order after a year...

I am. When they specifically say they are NOT cancelling back-orders after 1 year and then they do that's called being lied to.

 

[GOT12]

midway having a contract on hundreds of thousands of those bucket of bullets

should they sell them at the agreed $59 or take a dump on customers and go for $179

midway might have hired dirtier than dirts sales staff

 

[lonejacklarry]

Interesting business model. Cabela's (CAB) is near it's 52 week low. I'd be selling.

I think a "sell" would be in order, too. It looks like Reynolds or Alcoa might be the next big thing. Sales of tin foil have got to have gone through the roof.

 

[WilsonFlyer]

Not sure if it's been mentioned but most manufacturers changed SKUs in order to dishonor backorders from wholesalers and to raise (slightly) prices. Therefore, technically; they CAN'T deliver the original order anymore. Bails them out while raising prices.

Doesn't necessarily mean they don't have the ammo. It means they have changed the box and/or count and SKU.

 

[GOT12]

I think a "sell" would be in order, too. It looks like Reynolds or Alcoa might be the next big thing. Sales of tin foil have got to have gone through the roof.

I have 5 rolls on back order.

 

[raylan007]

Supply , Demand, Profit margins and Oppertunity

Or could it be that they feel, why sell ammunition that should sell for .04 a round when they could sell ammunition that sells for .20 a round or more. I saw the youtube video on making .22 ammunition and it looked more labor intense then center fire ammunition which was fully automated. Am I right I don't know only the manufactures know for sure and I'm wrong a lot of times. It just seems like if they are working 24/7 then there should be .22 showing up. The hoarders and hucksters can't be buying it all especially with limits on the amount you can purchase. I've seen it trickle into some stores and some not getting any, but centerfire is showing up in larger quantities now, but a lot of import ammunition is showing up and over priced ammo is staying on the shelf.

I didn't get to read the American Rifleman article I think the mail person has my copy reading it as with my copies of H.O.G. and Enthusiast magazines as well but she is cute so I don't complain.

OH NO a conspiracy theory get out the tin foil hats look out for the zombies, the government is stock pilling it to deal with public unrest. Some say .22 is the best survival round so load up the bunkers.

I believe I read an article that stated the bottom line to the shortage is all about profit margins and nothing to do with politics, religion, or the usual conspiracy theories always lying in wait ready to be revived by the the same types over and over.
I wish I had saved the article due to it being the one and only speculation of the past few years of the .22 L/R shortage that really hit home with me and yes I have heard the same ones as yourself while waiting in line at the local big box sporting goods store at 7:00 in the morning . The crux of the article was that we the people created the perfect environment with panic buying, crazy theories, and naturally FEAR that has lead us (myself included) to stockpile records amounts of ammo. That has been compounded by the record amount of new folks entering the world of .22 shooting enabling them to participate in the sport of shooting they dearly love. The demand, plus shortage has allowed the ammo manufacturers for the first time to raise there prices thus profit on the LEAST PROFITABLE CALIBER FOR THEM TO MANUFACTURER AND PERHAPS ONE OF THE MOST LABOR INTENSE. You don't need to mull over to long the choice the manufacturer will make if he can make .38 special at .25 cents a round profit verses 2.5 cents a round for .22 L/R (these prices being hypothetical) do you really think the manufacturer cares if an individual chases all over looking for the now desirable standard of .05 per round for .22 , I think not. I believe any intelligent businessman would wait for this s**t storm to run its course without making one adjustment to up their rate of manufacturing until perhaps they are able to raise their prices 20-25% which would allow them for the first time to make a decent profit on this undesirable to manufacture caliber. I am sure in the manufactures mind if this speculation is accurate their only decision is how hard to laugh due to the entire PRODUCTION OF THIS PHENOMENON being produced by yours truly. My plea is guilty your honor. Just my .22 cents worth.

 

[mark32812]

Price change, were they required to sell at old prices? Why sells 100K rounds at last years prices when todays prices have gone up.

Sent from my PantechP8000 using Tapatalk 2

That is what I am thinking as well.

 

[Overpaid Union Thug]

I believe I read an article that stated the bottom line to the shortage is all about profit margins and nothing to do with politics, religion, or the usual conspiracy theories always lying in wait ready to be revived by the the same types over and over.
I wish I had saved the article due to it being the one and only speculation of the past few years of the .22 L/R shortage that really hit home with me and yes I have heard the same ones as yourself while waiting in line at the local big box sporting goods store at 7:00 in the morning . The crux of the article was that we the people created the perfect environment with panic buying, crazy theories, and naturally FEAR that has lead us (myself included) to stockpile records amounts of ammo. That has been compounded by the record amount of new folks entering the world of .22 shooting enabling them to participate in the sport of shooting they dearly love. The demand, plus shortage has allowed the ammo manufacturers for the first time to raise there prices thus profit on the LEAST PROFITABLE CALIBER FOR THEM TO MANUFACTURER AND PERHAPS ONE OF THE MOST LABOR INTENSE. You don't need to mull over to long the choice the manufacturer will make if he can make .38 special at .25 cents a round profit verses 2.5 cents a round for .22 L/R (these prices being hypothetical) do you really think the manufacturer cares if an individual chases all over looking for the now desirable standard of .05 per round for .22 , I think not. I believe any intelligent businessman would wait for this s**t storm to run its course without making one adjustment to up their rate of manufacturing until perhaps they are able to raise their prices 20-25% which would allow them for the first time to make a decent profit on this undesirable to manufacture caliber. I am sure in the manufactures mind if this speculation is accurate their only decision is how hard to laugh due to the entire PRODUCTION OF THIS PHENOMENON being produced by yours truly. My plea is guilty your honor. Just my .22 cents worth.

Well, Walmart and Academy (in my area anyway) have started mixing up their stocking times for 22LR in order to combat the army of hoarders that show up like clockwork to grab it all the second it reaches the shelves. A girl at Academy told me that one of their regulars that is waiting outside the store 20 minutes before opening on truck days (every single truck day!) practically threw a fit when he found out he was going to have to fend for himself just like the rest of us. I wish I could have seen it. I guess his price gouging scheme is coming to an end. Yay Walmart and Academy!

 

[Tennreb]

Got notice that my backorder of M-22's placed 12/03/13 with Midway was cancelled today. This after I received a status update just a few days ago.

Received a status update on backordered Federal Champions placed last January. Unlike with the previous posted above, there's been no cancellation yet.

 

[elm_creek_smith]

Have I bought every round of 22lr I have seen available in the past year, at the highest quantities available? Yes I have... I'm sure you guys have too.

Nope. I'm still working off the two 525-round boxes my mother bought me for Christmas a few years back. When I need more, I'll buy more, but I won't buy all the store has or all they'll let me buy. I thought we were all in this together, but, from reading these posts, it seems that some folks are operating in the "I got mine; screw you!" mode.

 

[BE Mike]

The reason .22lr is in short supply is because of your rifle, the 1522, and an endless list of other .22 "black rifles" that simply didn't exist just a few years ago. And now look at the huge number of new .22 centerfire handgun replicas being produced. None of this existed a few years ago. As well, bad economic times drive folks to shooting more rimfire. I shoot more .22 than most folks and I can tell you that cheap bulk ammo was getting more and more difficult to find well before the panic. The panic simply pushed things over the edge or rim as it were.

Along with the explosion in new .22 guns has come an explosion in rimfire suppressor sales. Supressors, which used to be a rare animal, are now quite common to see at the club. Rimfire gun manufactures are putting out all sorts of guns with threaded barrels that they never had done before.

Gentlemen, this ain't your daddy's 10-22 and Marlin 60 rimfire world anymore. Y'all are dangling 25rd mags from your rifles and blowing through bricks of ammo in a shooting session.... and there is a ton more of ya than ever before.

As far as Midway canceling backorders... don't know. But it has been widely publicized on the Net that Midway was taking backorders on .22 ammo. I can only imagine how many tens of thousands of shooters stampeded to get their orders placed before it became clear there was just no way fulfilling.

Your explanation doesn't cover the shortages of gun powder for reloading (especially pistol powders). I think that people are still stock piling ammo and reloading supplies like crazy. The "fence sitters" who didn't care about firearms and casual shooters, got into the game when all the rhetoric from Obama regarding his anti-gun views really hit home.

 

[Majorlk]

Nope. I'm still working off the two 525-round boxes my mother bought me for Christmas a few years back. When I need more, I'll buy more, but I won't buy all the store has or all they'll let me buy. I thought we were all in this together, but, from reading these posts, it seems that some folks are operating in the "I got mine; screw you!" mode.

That tells me that you shoot very little, compared to the average shooter on this forum. I don't shoot all that much during the cold, winter months, but by the first of April I'll be back to shooting well over 1k/month, not counting what my grandson shoots when he goes with me. Trying to buy a box at a time simple doesn't cut it for me.

All of which is why I have bought in volume over the past few years. By in volume, I mean a minimum of a case of 10 525-round boxes at a time. Before the bottom dropped out, my LGS was selling Federal Champions for $170/case. In November of '13 I bought two cases, and then another two cases two weeks later. That was on top of the roughly 8k I had in stock at the time. I have never regretted that decision. I wish now I had bought another 10k. FWIW, at the time I made the last purchase, my LGS had two pallets of such cases sitting on the sales floor.

I have never subscribed to the practice of buying the absolute minimum I needed to keep shooting, no matter what the caliber. All my center-fire pistol range ammo I load myself and try to keep a minimum of 3k of each on hand. I do the same with rifle ammo, although I have bought 1k of .223/5.56 and .308/7.62 on occasion when the prices have been good, just to keep the inventory up. My SD ammo in 9mm and .40 S&W is all factory and I have a minimum of 1k of each.

As many others on this forum will attest, there is plenty of .22 LR ammo available if one takes the time to do a little online shopping. There's one selling by the case, as well. Looking at all the .22 LR that goes downrange on the days I have range duty confirms that there's .22 LR available for those that look.

 

[AR-Getsome]

I don't know why people are saying that midway has cancelled orders to raise prices, it's not true. I was able to purchase in the past few months 15 boxes of Federal Automatch Target 22lr 325 rounds per box for $16.79 each. Other places are selling these for $29 and up. 22lr ammo is out there, you just have to do you share of browsing the internet and sign up to get notified by email when items are in stock.

 

[PeteB]

I got a pleasant surprise today...a MidwayUSA backorder from 12/8/13. A 5000 round case of CCI MiniMags (0030) for $312.

MidwayUSA came thru at the original price; Thanks for not forgetting this order.

Pete

 

[ChattanoogaPhil]

I don't know why people are saying that midway has cancelled orders to raise prices, it's not true. I was able to purchase in the past few months 15 boxes of Federal Automatch Target 22lr 325 rounds per box for $16.79 each. Other places are selling these for $29 and up. 22lr ammo is out there, you just have to do you share of browsing the internet and sign up to get notified by email when items are in stock.

Right.

Midway has always been fair and did not raise their prices during the panic as many others did.

I think some folks just like to bellyache.