[v911t] Food Rationing Begins in America
 
Resent-Date: Tue, 22 Apr 2008 15:04:06 -0500 (CDT)



Food Rationing Begins in America Fox KPTM 42 News April 21, 2008

OMAHA (KPTM) - Food shortages and rationing has been a third-world
problem as of late, but recently, the phenomenon once thought
unthinkable in the United States could start happening.

The New York Sun newspaper is reporting that major retailers on
both coasts are limiting customers purchases of flour, rice and
cooking oil.

The Sun reports that a Costco Warehouse in California ran out of
rice, frustrating shoppers.

Wheres the rice? an engineer from Palo Alto, Calif., Yajun Liu,
said. You should be able to buy something like rice. This is
ridiculous.

The rice that is left is selling at near one dollar a pound, and
in some areas, customers report paying about $30 for a 25-pound
bag.

Most Costco members were only allowed to buy only one bag. One clerk
reportedly dropped two sacks back on the stack after taking them
from a customer who tried to buy more than the one bag limit.

Due to the limited availability of rice, we are limiting rice
purchases based on your prior purchasing history, a sign above the
dwindling supply said, the Sun reports.

Shoppers said the limits had been in place for a few days, and that
rice supplies had been spotty for a few weeks. A store manager
referred questions to officials at Costco headquarters near Seattle,
who did not return calls or e-mail messages to the Sun.

A New York Costco reportedly was not restricting rice, but is
limiting oil and flour. Rumors floating on the Internet say that
bakery owners bought up flour at warehouse stores after their
commercial suppliers doubled their prices.

Spiking food prices have led to riots in recent weeks in Haiti,
Indonesia, and several African nations. India recently banned export
of all but the highest quality rice, and Vietnam blocked the signing
of a new contract for foreign rice sales.

The price of rice futures reached record highs in recent days, after
skyrocketing over the past two months. The price of wheat in the
futures market has been down.

The paper reports that there have been rumors of some buying limits
at Sams Club warehouses, owned by Wal-mart, but the company says
it is not aware of any shortages or limits.

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