Wal-Mart Rations Rice

[Southern Grace]

http://www.foxbusiness.com/markets/industries/retail/article/walmart-rations-rice-warns-supply-demand-concerns_575879_7.html

Wal-Mart, the world’s largest retailer, said on Wednesday that it would ration the amount of rice each customer can purchase at its Sam's Club warehouse stores.........“This is effective immediately in all of our U.S. clubs

More at above link

[HSmomto4]

But you can still buy 4 bags per visit. We don't eat as much rice as some families do so 4 bags would be enough to last our family almost a year. I'm sure it will get worse, but right now it doesn't seem that bad.

[Cookies4me]

Did it say how big the bag of rice was?

[HSmomto4]

Did it say how big the bag of rice was?

The ones at B.J's are 25# but no it didn't say how big the ones at Sam's were.

[Amanda's mom]

I heard on FoxNews at 4:00 pm today that it's a limit to two 50 lb bags.

[Carol]

WOAH! That would explain the jump of a normal box of rice I usually get going up in price nearly a dollar recently!!

[Adoration]

Is this just panic, or will the market hoarding subside after a while?
I mean, growers are still growing the food, we're not in a dust bowl like the depression times...the only thing that is affecting the farmers is the price of gas, and possibly the lending market.
Or am I being incredibly naiive?

[KBKMNN]

Sam's carries 25 and 50 pound bags of rice.

[Amanda's mom]

Is this just panic, or will the market hoarding subside after a while?
I mean, growers are still growing the food, we're not in a dust bowl like the depression times...the only thing that is affecting the farmers is the price of gas, and possibly the lending market.
Or am I being incredibly naiive?

The weather worldwide has been unfriendly to the farmers. I believe that Australia has had two really bad growing seasons. In the US, we have also had bad growing seasons and I've read elsewhere on the board that some farmers can't afford to farm anymore because of poor crop yields and the expense of putting the crops in. Growing food requires patience, the right combination of rain and sun, and help from God. The rain and sun have not been cooperating worldwide.

[Shabach]

A friend just called me and told me she just saw on the Houston ABC television affiliate the report about Sam's Club limiting rice to customers. Now that it's hit local news, I won't be surprised to see panic buying around the area.