login
Become a member
Quick Registration
Full Registration Benefits -
Free Homepages for Doctors
Free Homepages for Hospitals
Free Homepages for Medical Conference
Free Homepages for NGO's
Personal Health Record Creation
Access to all Medical Slides
Access to all Jobs & Products Sale
Food Crisis Catches Up With Americans
It said Wednesday that it would ration the amount of rice each customer can purchase at its Sam's Club warehouse stores because of recent “supply and demand trends.”
“We are limiting the sale of Jasmine, Basmati and Long Grain White Rices to four bags per member visit,” the company said in a statement. “This is effective immediately in all of our U.S. clubs, where quantity restrictions are allowed by law.”
Wal-Mart is the second-major grocer to limit the purchasing of a commodity because of the recent run-up in prices. The company said it is not limiting the purchase of other basic food products like flour or oil.
The price of rice, which is the primary foodstuff for the majority of the human population around the world, rose to $894 a metric ton according to the Thai Rice Exporters Association. That’s compared to the $327.25 a ton average price in the same month last year.
In Chicago, the price of export-quality rice rose to $24.745 per 100 pounds on Tuesday, reports Fox News.
The run up in price in rice is primarily related to poor harvests and countries curbing exports. Thailand, Asia’s largest exporter of rice, said it may curb exports.
The World Food Program called the recent run up in prices of rice and other basic commodities a “silent famine.”
|
|
|
More News on: Why Do We Eat - Nutrition Facts, Diet Lifestyle and Heart Disease, Hunger Fullness and Weight Control, Label Lingo on Food Items: Decoded
 Comment & Contribute
|
Medwonders Health Network
- Health News Index
|
|
- News Quick Links
| News Categories: |
| » | Importance of Canned Foods To Help Tackle IOM Weight Of The Nation Recommendations, Highlights Study |
| » | US Rules Pomegranate Juice Claims Deceptive |
| » | Reducing Entrée Size Could Increase Fruit and Vegetable Intake in Children |
| » | Dieters Should Eat 300 Calories Less to Avoid Regaining Lost Weight After Dieting |
| » | Doctors Advise People to Eat Healthy Food to Stay Cool This Summer |
| More Diet News | |
|
