Wednesday, April 23, 2008

Food Rationing

The largest grocery chain in the United States has begun to ration food.

Wal-Mart subsidiary Sam's Club announced that it is limiting the amount of rice that it will permit its customers to buy.

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 U.N.'s World Food Program blames a "silent tsunami" of global hunger on the rising price of food.

Rice, a key staple, costs 68% more than it did at the beginning of the year. BBC News says the prices of corn, soybeans and wheat are nearing all-time highs, too.

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