Like a ripple in the water, food Inflation is hitting worldwide. After Asia, global food crisis is hitting North American consumers — Now, Wal-Mart and Sam’s Club is restricting purchases of rice.

Sam’s Club customers can buy up to four bags of jasmine, basmati and other white long-grain rices, Wal-Mart said yesterday.

Earlier India banned rice exports . Many stores in the U.S. are limiting bulk sales of some kinds of the grain as supply fears leap.

Published on 24 Apr 2008 | Economy & Policy

Tags :american consumers, asia, basmati, food crisis, global food, india, inflation, jasmine, long grain, rice exports, sam s club, wal mart

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