Rice rationing

In this the new golden age of agriculture, it seems consumers may soon need some gold coin to buy staples. This story from the UK talks about panic buying of rice:

The move by the world’s biggest retailer, which owns Asda, constitutes the first time that food rationing has been introduced in the US. While Americans suffered some rationing during the Second World War for items such as petrol, light bulbs and stockings, they have never had to limit consumption of a key food item.
In Britain rice is being rationed by shopkeepers in Asian neighbourhoods to prevent hoarding. Tilda, the biggest importer of basmati rice, said that its buyers — who sell to the curry and Chinese restaurant trade as well as to families — were restricting customers to two bags per person. “It is happening in the cash-and-carries,” said Jonathan Calland, a company executive. “I heard from our sales force that one lady went into a cash-and-carry and tried to buy eight 20kg bags.”
Wal-Mart said that Sam’s Club, its wholesale business, which sells food to restaurants and other retailers, had limited each customer to four bags of long-grain white rice per visit. In the past three months wholesalers have experienced a sharp rise in demand for food items such as wheat, rice and milk as businesses stocked up to protect themselves against rising prices.

TK: As a guy who thinks having two jars of peanut butter is being "stocked up" it does give one pause to see public conciousness of rising food prices - perhaps followed by fear of dwindling supply - begin to drive decisions at retail.