The “Just in time” logistical model of todays supply chains are also a big part of the problem. Consumer items no longer sit in vast warehouses close to the retailer anymore, supply chains are hundreds if not thousands of miles away. Big surges in demand over a short period of time can strain this system to the limit very easily.
Many on this thread are complaining that it’s a fake crisis, whipped up for news or political influence or commodities profiteering. Maybe it is.
As you note, he “just in time” logistical model IS a problem: a single fluke can screw up broad availability, whether caused by malfunction, malice, or a bogus news story.
Staple grains are cheap and stable. A large sack of grain costs little more than a nice dinner out, can feed several far longer, lasts a long time, can affordably be tossed if not needed after all, and will probably persuade to a better diet at lower cost anyway.
A big surge in demand can sure strain the limits of “just in time” logistics. Likewise, a big drop in supply can occur easily. Rice scarcity being a bogus story or not, we’re being reminded that buffering consumables is no longer in the system - it’s up to YOU.
Re post 55, you are correct but there is a very simple correction avaliable to the seller: price. If there is a run on rice at current prices, obviously you are pricing it too low. Don’t restrict purchases, double the price, and keep increasing the price until you can satisfy demand. If the rice is not selling, start to reduce the price to the point where people will buy it again. Problem solved.