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Apr24
Buzzworthy: Global Rice Shortage

Been to Costco lately to stock up the pantry?  We headed over there last night and weren't really surprised to see signs over the pallets normally chock full of 25 pound bags of rice that explained that due to food shortage, quanities allowed to customers were being limited based on their past history of rice purchases.  Customers were directed to ask a Costco supervisor if they were unsure as to what their allowed quantity might be.

Presumably customers who have a history of purchasing large quantities (restaurant owners, for instance) would still be allowed to purchase more than the average warehouse shopper who heard about the shortage in the news and ran in to buy as much as they could.  (Which brings up the point of Costco and other stores tracking buyers' purchases to that degree - but that's a whole 'nother post, eh?)

So the questions before us are many.  For instance, what should businesses be doing to prepare for possible shortage crises?

Obviously what some stores (or at least the localized management teams of stores in certain areas) here in the U.S. are choosing to do is institute their own rationing program.  One can look at that in one of two ways:

Either you feel it's a good customer service step to try to ration out the sale of what you do have in stock in whatever method you feel is "fair" (again, open to individual interpretation!) in order to try to meet the demands of more shoppers; or you feel it's absolutely unacceptable to not just let "the strong (or wealthy) survive" by selling the stock on a 'first come, first served' basis.  For those in it only for a moment-long profit, obviously the latter is the easiest.  But for those who know that their customer base will remember, at length, how the situation was handled - well, of course they will try the former system. 

Just how long it will work is the next question.  If I, as a family-focused shopper, am competing with the will (and budget) of a restaurant owner, we're dealing with two different levels of need for supplies.  We're also dealing with two very different levels of "I need to feed my family".  The restarateur wants more rice in order to sell it - and to make more profit - to buy more rice and in a less direct way, feed her family.  (Not counting family-owned restaurants, of course, who may well be feeding their families off of the very stock they are also feeding customers.) Who is more likely to cause a fuss, make a scene, demand a higher allowance of rice at Costco or wherever?  In the short term - the big buyer.  In the long term, the little guys.

Who is more likely to make a big run on supplies in a "Chicken Little" mentality?  The little guys.  Millions and millions of them. 

The last question I have for you is: how can each of us be better prepared for times like this?

I'm waiting for your tips.  I'd also like to know, out of idle curiosity, if your local stores are putting up similar signs, or instituting similar limits on purchases of rice - or any other supplies.  Please leave me a comment with a general area (just state, if that's what you're most comfortable with - no need to share your exact location!) and what store(s) you have been in lately that have or have not been taking similar steps.

Other links of interest:

Sam's Club and rice limits 

Wal-Mart and rice stock 


6 Comments/Trackbacks




Hi Melonie! Long time no talk...life has once again dealt me a rough blow, but I'm still kicking out here! I wanted to let you know that I heard on the radio the other day that the rationing is happening at all Costco and Sam's Clubs. Have not heard or seen any others, but I'm sure its coming quickly! Hope things are well with you! Look forward to catching up with your posts!

I haven't checked the situation here, but my family has been growing a garden. It doesn't help with things like rice, but at least we once things start ripening it will help with produce.

Sue: I'm sorry to hear you've had a rough time! I hope things will smooth out for you soon - or have already begun to. I read last night that Sam's is doing rationing in every state except Idaho and New Mexico (wondering why not in those states - perhaps not legally allowed there?). I hadn't dug further on Costco but assumed they were quietly doing it as well. A friend in WA was in Costco the same day I was and said there were no signs...but that doesn't mean they wouldn't pull folks aside quietly who were over limit.

Stephanie - good for you on the garden! WOOHOO! I'm noticing that it's white, basmati, and two other types of white-type rice that are in short stock. Our family prefers brown or brown & wild anyway, so I'm hoping that will help in our particular case. Here's hoping your garden ripens up beautifully. :-)

Hi, Mel,

I went to Sam's last night in NC, and they had a sign up that you were allowed to buy only bags of the 25-lb bags of white rice. I did not notice any signs on the bags of sugar. I did buy one bag of rice, since we use it two or three times a week as a side dish. With 5 growing boys and 1 girl and 2 parents, we are working very hard to stretch our meals.

We decided today that we were going to buy half of a cow from a friend who is butchering one very soon.

We also are planting a garden this year. Most of it has been planted, but we have a few more things to go.

Have a blessed day! Tami

Thanks for the update, Tami! I was at Target last night and saw 2# bags of rice there had gone up significantly compared to their last price (they left the old tag on - oops). The price we paid at Costco last week for a bag of white rice ($8.99 for 25#) was WAY better than the Target price ($3.44 for 2#). I don't know who Target thought they were kidding with that one.....

Hope your garden does really well! We'd love to be able to split a cow or do some hunting to fill the freezer, but around here it's just not an option knowing we'll be moving again this year. Once we get settled tho - somebody find me a freezer. lol

» Know More Media Review: "Mileygate," Rice Shortage, Earthday and More from Know More Media
There have been some pretty interesting things happening in the news the last couple weeks. From Earth Day to reports of a global rice shortage, to "Mileygate," the Know More Media authors have had their fingers (and keyboards) on... [Read More]

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