NEW YORK — The Sam's Club warehouse division of Wal-Mart Stores Inc. said Wednesday it is limiting sales of Jasmine, Basmati and long grain white rices "due to recent supply and demand trends."
The news came just a day after Costco Wholesale Corp., the largest U.S. warehouse club operator, said it had seen increased demand for items like rice and flour as customers, worried about global food shortages, stock up.
It's definitely accelerated from reports of violence in places like Haiti. Sudan, and other places to having it directly affect the U.S.
This has all happened within a few months.
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