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BANGKOK/WASHINGTON (Reuters) - Concerns about food security mounted on Thursday, as rice prices hit records in Asia and the United Nations warned that staples for the world's hungry were getting much more expensive.
In the United States, Bush Administration officials downplayed notions of food shortages amid reports of worried buyers stocking up on rice in major chain stores.
"In the U.S., I don't see food shortages," U.S. Treasury Secretary Henry Paulson told Reuters in an interview. "We have plenty of food in the U.S. The price of food has gone up, but again that won't be as significant for the average American as gasoline."
.....Sam's Club, a unit of retail giant Wal-Mart, said on Wednesday it was capping sales of rice at four bulk bags per customer per visit. The previous day, rival Costco Wholesale Corp reported mounting demand for rice and flour as worried customers stocked up.
Rev 6:5-6
5When the Lamb opened the third seal, I heard the third living creature say, "Come!" I looked, and there before me was a black horse! Its rider was holding a pair of scales in his hand. 6Then I heard what sounded like a voice among the four living creatures, saying, "A quart[a] of wheat for a day's wages, and three quarts of barley for a day's wages,[c] and do not damage the oil and the wine!"
Originally posted by Digital_Reality
If everyone freaks out and runs to the stores to buy rice in bulk, yes we will have a shortage.
The media is going to cause a food shortage. There is no food shortage in the USA.
Originally posted by Digital_Reality
The media is going to cause a food shortage. There is no food shortage in the USA.
Originally posted by Digital_Reality
The media is going to cause a food shortage. There is no food shortage in the USA.
Originally posted by RabbitChaser
Originally posted by Digital_Reality
If everyone freaks out and runs to the stores to buy rice in bulk, yes we will have a shortage.
The media is going to cause a food shortage. There is no food shortage in the USA.
I'd just like to point out that this thread was referring to "World food fears."
I see you are only concerned about yourself and your country, the most privleged on Earth. Care to live in Africa and answer this question?
Screw "the world", eh? What do we care? (Please note sarcasm)
Originally posted by Cyprex
Originally posted by Digital_Reality
The media is going to cause a food shortage. There is no food shortage in the USA.
I went to costco last night... oh yes it was scary that I could only walk out with 200 lbs of rice per visit. What 200lbs??? Yes 200 punds!! 4 50lbs bags was the limit per visit. What the heck am I going to do with 200lbs of rice?? I think 10 lbs has lasted me a year! And if i needed 400lbs, it was a quick walk back to cosco from the parking lot.