The CMP, over the past few years, has released tens of thousands of surplus M1 carbines. The price of magazines and of ammunition sky rocketed at the beginning of this recent release. (I actually heard about it here, on 24HrCampfire. Thanks!)

Add to that, the recent bubble in arms and ammunition sales that began last November and is just now starting to slow down. I think that ammunition is starting to catch up to demand.

If you are former military or belong to a shooting club and shoot at any level of competition, you might want to check the following source. And yes, they don't ship quickly.

http://www.thecmp.org/ammosales.htm

AGUILLA .30 CALIBER AMMUNITION
438A

Aguilla .30 Carbine Ammunition (Ordership time estimated at 120-190 days)
$155

NLU 438A - 500 rounds. Manufactured by Aguila. .30 carbine. 110 grain. FMJ. Copper jacketed, brass case, boxer primed, non-corrosive.
Shipping & Handling per case $8.95. S&H to Alaska or Hawaii $16.95 per case. NOTE - Order ship time estimated at 120-180 days..


Chuck