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Costco Sees High Demand for Basics Rice, Flour

CEO attributes run to customer uncertainty over food supplies

By Will McCahill, Newser Staff

Posted Apr 22, 2008 9:56 PM CDT

(Newser) – Costco is seeing unusually high demand for basics such as rice and flour, Reuters reports, a development the warehouse giant attributes to customer uncertainty over global food shortages. The company, which sells to individual shoppers as well as restaurants, has put limits in place for... Read full story »

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Costco Sees High Demand for Basics Rice, Flour

CEO attributes run to customer uncertainty over food supplies

Costco • food prices • food supply • flour • rice prices

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More Newser Stories

Sam's Club Joins Costco in Limiting Rice Purchases

Warehouse chains react to rising prices, apparent hoarding

US Predicts Bumper Crops Will Ease Food Crisis

Record-breaking grain harvests worldwide expected to bring prices back down

Bush: $770M Needed For Food Aid

Congress must approve money, part of a larger Iraq funding measure

Thailand Plans OPEC-Style 'Rice Cartel'

PM wants to control market with neighbors, including Burma

Another Key Shortage: Fertilizer

Prices skyrocket, ingredients scarce as growing population demands more food

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