Wal-Mart, the world’s largest retailer, is restricting the purchase of rice at Sam’s Club – the latest sign of a global shortage of the staple food. The new restriction – customers can buy a maximum of four bags per visit.

According to BBC News, “the limit applies to jasmine, basmali, and long grain white rice. The international price of rice has risen by 68% this year and Wal-Mart said the restrictions were ‘due to recent supply and demand trends.”

In the U.S., there are more than 550 Sam’s Club stores. Since food prices are customers have been buying basic goods in bulk. But Wal-Mart is not restricting the amounts of flour or oil that customers can purchase “at this time.”

Vietnam and India, rice-producing countries, have curbed exports to keep domestic prices under control, but importing countries fear that Thailand – the world’s largest exporter of rice – may follow suit.

To read the entire article from the BBC News, link here:

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