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Old 04-23-2008, 12:08 AM
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Default World food crisis hits home

As the world faces its first global food crisis since World War II, even American consumers are starting to fret.

Media reports are starting to trickle in about grocers limiting some food purchases, while Costco Wholesale Corp. is seeing higher-than-usual demand for staple foods such as rice and flour as consumers appear to be stocking up.

Costco Chief Executive James Sinegal told Reuters news service in an interview Tuesday that the Issaquah-based wholesale company is managing the situation. "If we run out, we're usually back in stock the next day," he said...


World food crisis hits home
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