Supply and demand I guess. The high end stuff seems to be holding it's prices. I've been using the 22 as a long range practice rig in my bolt. I generally go through 50-100 rounds per range visit. When you shoot that little the 15-20 cents per round isn't so bad. If I was paying that for blue box federal I'd probably just shoot my 22-250 and skip the 22 all together.
Only accurate guns are interesting
Only accurate guns are interesting