Thursday, April 24, 2008

American retailers ration rice in response to global food crisis

USAToday, 23 April, 2008

The global food crisis is hitting consumers in the USA, with the nation's top retailer announcing that it's rationing rice because of "supply and demand trends," according to Reuters.

“We are limiting the sale of Jasmine, Basmati and Long Grain White Rices to four bags per member visit,” Sam's Club, a division of Wal-Mart, says in a statement cited by Fox Business News. “This is effective immediately in all of our U.S. clubs, where quantity restrictions are allowed by law.”

This follows reports of rationing at Costco.

The New York Sun says a sign above the rice at one of that wholesale club's stores said: "Due to the limited availability of rice, we are limiting rice purchases based on your prior purchasing history."

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