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I shoot sporting clays quite a bit. The price of shotgun ammo went up by almost $1.00 per box last year. I thought it might have something to do with the increase in oil prices at first, since the hulls are a petroleum product, but I was told that led and brass (in fact all metal prices) are increasing, due to the demand that China and India (mostly China) are placing on the global market as they industrialize.
Later this was confirmed by an article I read in a magazine, in which Federal cartridge was explaining why they were going to increase prices across the board due to the increase in the metals market.
While I'm no fan of the store, I don't think Wal-Mart has much control over this.
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When you've got 'em by the balls, their hearts & minds will follow. Semper Fi.
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