Advertising

The Seattle Times Company

NWjobs | NWautos | NWhomes | NWsource | Free Classifieds | seattletimes.com

The Seattle Times

Editorials / Opinion


Our network sites seattletimes.com | Advanced

Originally published April 29, 2008 at 12:00 AM | Page modified April 29, 2008 at 12:58 PM

E-mail article     Print view

Editorial

Rice hoarding: the long and short of it

Don't worry. If you didn't rearrange your pantry last weekend to accommodate a 50-pound bag of rice like your hoarding neighbors, you can still buy rice in Puget Sound area stores.

Don't worry. If you didn't rearrange your pantry last weekend to accommodate a 50-pound bag of rice like your hoarding neighbors, you can still buy rice in Puget Sound area stores.

However, rice is going to grow more and more expensive and imported varieties will be harder to come by. Get used to it.Sure, Costco and Sam's Club stores began some rationing of rice sales last week, mostly as a means to ensure supply won't be snapped up by restaurants and other large purchasers trying to avoid price increases. And emptying rice shelves at local grocery stores showed consumers were responding to the information.

Some of the rush might be overblown at this point. Retailers, rice producers and federal officials say supplies are still generally good in the United States — even though record-high prices and low stocks have spawned civil unrest elsewhere in the world. U.S. rice acreage is expected to be slightly higher than last year's, but global demand for that rice is much more acute.

If anything, U.S. rationing at some stores is staving off a price hike, if only in the short term.

Global factors are impacting the availability of rice and, to a lesser extent, flour. Among them are more demand from developing countries, higher cost of production because of fuel costs, poor crop yields and the limits on what kind of land can accommodate rice production.

The crisis of a world rice shortage has not hit the United States, but it is sure being felt.

Copyright © 2008 The Seattle Times Company

Leonard Pitts Jr. / Syndicated columnist: New York terror trials will restore faith in rule of law

Charles Krauthammer / Syndicated columnist: New York trial a propaganda coup for terrrorists

Advertising

Video

Raw Video | Real Salt Lake receives the MLS Cup trophy
Real Salt Lake is handed the 2009 MLS Cup trophy at Qwest Field, November 22, 2009.

Raw Video | Real Salt Lake fans celebrate
LA Galaxy's David Beckham
Real Salt Lake's Kyle Beckerman
MLS trophy arrives in Seattle
Chittenden Locks Inspection
Interview with New Moon actors
Full interview with New Moon actors
Artistic Roller Skating
Girls Soccer: Mercer Island vs. Glacier Peak

Marketplace

nwautos

2009's most fuel-efficient sedansnew
Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment

Open Houses

Find this weekend's open house listings.
Or search by location:

 
Most read
Most commented
Most e-mailed
 
 
Advertising