CCI does make at least some of the Hornady line (Hornady bullets, CCI everything else) which is why there is such a shortage of 22 WM - Hornady, CCI and Federal all come from the same production line.
But I don't find Hornady all that expensive - yes, it's more than the bargain basement blue/green box stuff but only by 10% or so.
I get 50 rounds of Hornady for my 223 (55 gr softpoints) for about 42 bucks which is two bucks less than 50 rounds of Winchesters USA branded 45 grain JHP's - both of which are suitable for yotes.
But do agree, in pistol calibers their American Gunner line is pricey compared to say the American Eagle line. Only you can decide if it's "that much better".
The average deer hunter is "just fine" with the cheapest box on the shelf which outsells the mid/premium stuff at about 20:1 (if my sales are typical).
But if you mean that Hornady doesn't have a bargain line of stuff for the guy/gal who wants to pop off 200 rounds during an afternoon at the range, then I totally agree. They produce a slightly more premium product.
Seems that Hornadys cheapest line of 55 grain .223 is about $0.80 a cartridge for a 50 round box. Compare that to Federals cheapest of the same 55 grain being about $0.45. Thats quite a difference.
Yes and I can get American Eagle (223) FMJ off the shelf for about that price (sub 50 cents) but won't "hunt it" - I'm one of those guys that old enough to remember a time when FMJ ammunition was "illegal" to shoot at animals. Some things are just ingrained.
The bottom line is, if you don't like Hornady's price, don't shoot it. And if you think it's "pricey" you best not pick up a box of Nosler. Neither line is loaded for the guy who wants to take his milsurp out to the range and just peel off the rounds.
And just like I would never hunt with a uber-cheap FMJ round, if I'm just punching paper I won't be shooting $2.50/round A-Frames. That saying about "right tool for the job" applies. Hornady has decided to make a better tool and charges accordingly.
Doesn't Hornady outsource manufacturing of pretty much the entire cartridge other than the bullet? That could help explain it.
Just checked. A box of 10 .338 LM Lapua is 75 bucks.
Hornady seems like a bargin now doesn't it!