Limit your rice purchases, please?

iVillage Member
Registered: 05-29-2003
Limit your rice purchases, please?
32
Wed, 04-23-2008 - 9:33am

The price of a food staple -- rice -- is rising significantly, NBC11 reported.

The price of rice has increased dramatically in recent weeks due to crop failure overseas and resulting hoarding, NBC11 reported.

And at least one Bay Area store is asking customers to hold back on their rice purchases. Costco has posted signs asking customers to follow their regular rice-buying habits.

The rice price increase is a result of a domino effect, NBC11's Noelle Walker reported. Drought in Australia led to a severe decline in rice production that in turn led the world's largest rice exporters to restrict exports. That spurred higher rice prices and hoarding in Asian countries, NBC11 reported.


http://www.nbc11.com/news/15953044/detail.html

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iVillage Member
Registered: 01-02-2008
Wed, 04-23-2008 - 12:26pm
You know what? This is good...I'm trying to limit my "white" stuff anyway :)

rhonda-1.gif picture by fouripleys

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iVillage Member
Registered: 05-29-2003
Wed, 04-23-2008 - 11:14pm

NEW YORK, April 23 (Reuters) - Wal-Mart Stores Inc's (WMT.N: Quote, Profile, Research) Sam's Club warehouse division said on Wednesday it is limiting sales of several types of rice, the latest sign that fears of a rice shortage are rippling around the world.


Sam's Club, the No. 2 U.S. warehouse club operator, said it is limiting sales of Jasmine, Basmati and long grain white rice "due to recent supply and demand trends."


U.S. rice futures hitting an all-time high Wednesday on worries about supply shortages.

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iVillage Member
Registered: 01-02-2008
Thu, 04-24-2008 - 1:31am
Ooh ooh ooh....remember the great Toilet Paper Shortage???

rhonda-1.gif picture by fouripleys

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iVillage Member
Registered: 03-24-2005
Thu, 04-24-2008 - 8:06am
A few years back there was a coffee shortage. Does anyone remember that? Prices went sky high and those of us who are coffee fanatics panicked.
iVillage Member
Registered: 05-29-2003
Thu, 04-24-2008 - 8:30am

Oh! I don't remember the TP shortage.. now that would be a tradgedy!


Coffee shortage.. ahh well now that

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iVillage Member
Registered: 02-27-2008
Thu, 04-24-2008 - 9:04am

An actual sortage of rice, and the ability of the developed world to pay for more than the developing world for what is the staple food for billions of people could well result in serious starvation.

iVillage Member
Registered: 01-12-2004
Thu, 04-24-2008 - 9:31am
Its one thing if prices go sky high on something that you crave, but can survive without consuming.
iVillage Member
Registered: 01-12-2004
Thu, 04-24-2008 - 9:34am
It may be a good thing for you, as you have full shelves at your grocery store and many alternative sources of nutrition.
iVillage Member
Registered: 01-02-2008
Thu, 04-24-2008 - 10:56am

I don't doubt that! But we, here in America, certainly don't need to start hoarding (and worsening the problem of) rice.

My grandparents had as my mother tells me, an ENTIRE linen closet full of toilet paper. For a family of 3. LOL!!! Yes, I know it's not as *serious* as the horrible, horrible rice rice shortage. I was just bringing a bit of levity amidst the doom and gloom.

rhonda-1.gif picture by fouripleys

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iVillage Member
Registered: 01-02-2008
Thu, 04-24-2008 - 10:57am

Good God.

Fine.

rhonda-1.gif picture by fouripleys

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