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Shops ration sales of rice as US buyers panic http://apocadocs.com/s.pl?1209476187
The global food crisis reached the United States yesterday as big retailers began to ration sales of rice in response to bulk purchases by customers alarmed by rocketing prices of staples. Wal-Mart's cash and carry division, Sam's Club, announced it would sell a maximum of four bags of rice per person to prevent supplies from running short. Its decision followed sporadic caps placed on purchases of rice and flour by some store managers at a rival bulk chain, Costco, in parts of California. The world price of rice has risen 68 percent since the start of 2008, but in some US shops the price has doubled in weeks.... Looting and riots in Haiti left at least six dead and forced the resignation of the prime minister this month, leaving the hemisphere's poorest country tense and edgy. In Guyana an 80 percent rise in the price of rice and 50 percent in the cost of chicken triggered protests and a strike by sugarcane workers. The government promised to issue seeds and urged people to cultivate idle land. Surinam set up an emergency cabinet committee to seek ways to dampen food prices.
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The ApocaDocs say:
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Uh-oh. The Big Box Stores are getting worried. That's an indicator of Big Troubles Ahead -- though nothing like Haiti.
Yet.
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