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Author Topic: Limits on Rice Purchases  (Read 1982 times)
hatterofmaddnesz
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« on: April 23, 2008, 11:52:37 PM »


So Costco and Sams Club, both big corporate bulk product retailers, are apparently limiting the amount of rice customers can buy.  Now I was at Costco today shopping, they didnt have a lot of rice in stock.  They were out of 50 pound bags of Jasmine rice, and what other rice was left was in short supply.

http://news.yahoo.com/s/ap/20080423/ap_on_bi_ge/wal_mart_rice;_ylt=AoCEsmDEUO63ZlEoCOEMmAus0NUE
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hatterofmaddnesz
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« Reply #1 on: April 24, 2008, 08:29:59 AM »

From my understanding of this story, the restrictions were local, not nationwide.  The price of rice (and other staples) has gone up.  This has led to some shortages in some areas.  The media reported the shortages, which led to a lot of panic buying.  This made the shortages even worse.  Ever seen the movie Sneakers?
Quote
Cosmo: Posit: people think a bank might be financially shaky.
Martin Bishop: Consequence: people start to withdraw their money.
Cosmo: Result: pretty soon it is financially shaky.
Martin Bishop: Conclusion: you can make banks fail.
It's kinda like that (not that it was done on purpose).
Plus a lot of Asian restaurants started buying rice at these store because it was cheaper than their usual suppliers.  The stores are dealing with the problem the best way they can.  I don't think this is widespread or a reason for major concern yet.
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fatNINJA
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« Reply #2 on: April 24, 2008, 08:48:27 AM »

Well now more than ever people should look into producing at least some of their own food.  Of course there is not much you can do if your a city dweller, save for limited hydroponics.  Now if you live in a rural area it shouldn't be a serious problem to start yourself up a small garden.

Of course producing cereals such as rice is not likely an option for most people.

Kind of aside here but I've always wondered why people bother with lawns.  Out side of the requirements of various nazi outback housing associations.  Lots of people have all this open land and all they do is plant a single decorative plant all over it.  I'd rather see people with big squares of wheat, rice, and other food stuffs around their home.
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somenamenoname
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« Reply #3 on: April 24, 2008, 10:43:20 AM »

its sad that rice is going up in price. i wonder if it will do like oil and continue rising until its insane or i wonder if it will return to normal soon.
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avagdu
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« Reply #4 on: April 24, 2008, 10:53:44 AM »

Hatter, I'm with you on this one, I find it quite disturbing since I'm in your neck of the woods as well. If we could get verification that there are shortages at the nearby Costcos here that would be good information to have. It is my understanding that this has been happening with bulk wheat and dried dairy products as well for big food manufacturers. 

As an aside FatNINJA, I also detest lawns. 
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nonwog
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« Reply #5 on: April 24, 2008, 10:56:43 AM »

Hatter, I'm with you on this one, I find it quite disturbing since I'm in your neck of the woods as well. If we could get verification that there are shortages at the nearby Costcos here that would be good information to have.

Today's news:

http://www.komotv.com/news/18092854.html

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Xwaste
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« Reply #6 on: April 24, 2008, 05:13:06 PM »

Well now more than ever people should look into producing at least some of their own food.  Of course there is not much you can do if your a city dweller, save for limited hydroponics.  Now if you live in a rural area it shouldn't be a serious problem to start yourself up a small garden.

Of course producing cereals such as rice is not likely an option for most people.

Kind of aside here but I've always wondered why people bother with lawns.  Out side of the requirements of various nazi outback housing associations.  Lots of people have all this open land and all they do is plant a single decorative plant all over it.  I'd rather see people with big squares of wheat, rice, and other food stuffs around their home.

To be fair when you have kids you want an area they can play in outside so a bit of lawn is usually helpful.  But certainly more people should be growing their own food.  When I was a kid everyone I knew had a few fruit trees in the backyard and generally at least a small vegetable garden.  Its getting so rare now, especially in all the newer developed areas which are smaller blocks and everyone has the same cookie cutter garden.  It's rather disgusting how monotonous some of the new suburbs look.
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Mcribsandwch
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« Reply #7 on: April 25, 2008, 08:04:13 AM »

I'm not to worried about us people who can manage internet access I assume we can all afford rice, but rather about all the international aid organizations who are gonna need larger budgets to get the same amount of food out. With the ever growing need for relief organizations this could cause quite a catastrophe if these organizations are forced to pull out of the areas that need it most.
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avagdu
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« Reply #8 on: April 27, 2008, 01:53:59 AM »

Some more links with coverage:

What's the deal with all this rice and flour hoarding?
http://consumerist.com/384208/whats-the-deal-with-all-this-rice-and-flour-hoarding

What's going on with rice and flour?
http://www.chicagotribune.com/news/chi-fri-food-limits-apr25,0,344981.story

Load up the pantry
http://online.wsj.com/article/SB120881517227532621.html

Recession Diet Just One Way To Tighten The Belt
http://tinyurl.com/4wluxp
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nonwog
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« Reply #9 on: April 27, 2008, 11:56:08 AM »

I'm not to worried about us people who can manage internet access I assume we can all afford rice, but rather about all the international aid organizations who are gonna need larger budgets to get the same amount of food out. With the ever growing need for relief organizations this could cause quite a catastrophe if these organizations are forced to pull out of the areas that need it most.

Local story:

http://www.komotv.com/news/18305479.html

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destined
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« Reply #10 on: July 21, 2008, 02:50:52 AM »

So how's the rice shortage going on?
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sanetraitor
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« Reply #11 on: July 21, 2008, 09:07:13 AM »

I bought 20kg of rice the other day (and 10kg of pasta).
Should last me a while at least.

This is one of the reasons I'd want a house, for the possibility of self-sustainability.
The Faeroe islands bankrupted the greedy merchants from Denmark by keeping their own self-sustained gardens with food.
It is a good idean, if nothing else than to reduce the costs.
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avagdu
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« Reply #12 on: July 21, 2008, 02:40:01 PM »

I'm not sure how expensive the 25-50 lb bags are but last time I checked the 10 lbs are still relatively affordable.
« Last Edit: July 22, 2008, 05:43:08 PM by avagdu » Logged

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TimeSmack
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« Reply #13 on: August 03, 2008, 11:12:00 AM »

Anybody hear about Hatians eating dirt?  http://www.msnbc.msn.com/id/22902512/
A good glimpse of what is on the menu for us all, more or less.... I'm glad I live where things will grow out of the ground half the year and there is still room to hide it. (and defend it).
Yip Yip Yippeee!

p.s.- I know old David Icke has a pretty weird rep, but put that all aside for a moment and here's a good factual run-down of the agenda at hand, as I see it.
(don't worry- no reptillian discussion in this one)
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