Rice is one of the most important staple foods for more than 3 billion people around the world, and the nation of India accounts for approximately 40 percent of all global rice exports. So if India decides to start placing restrictions on rice exports, that is a really big deal. Unfortunately, that is precisely what just happened on July 20th. Less than a week ago, India “banned the export of non-basmati white rice”, and that has created a tremendous wave of panic all over the planet…
The Food and Consumer Affairs Ministry on July 20 banned the export of non-basmati white rice, with immediate effect, to stabilise the volatile retail prices in the country. Rice production has taken a hit owing to vagaries of weather such as heavy monsoon rains in rice-producing States in the north and deficit rainfall in other parts of the country.
Non-basmati rice is by far the most common rice used in Asian and Mexican cuisine.
Normally, an enormous amount of non-basmati rice is exported from India to the United States, but very unusual weather patterns have been devastating crops in key rice-producing areas of India…
But heavy rain in the north of India over the last few weeks has damaged newly-planted crops in Punjab and Haryana states.
Paddy fields have been submerged for over a week, destroying seedlings, and forcing farmers to wait before they can replant the rice seeds.
In other major rice-growing states, farmers have prepared paddy nurseries but have been unable to transplant the seedlings due to inadequate rainfall.
So authorities decided to ban the export of non-basmati rice, and news spread quickly among Indian-Americans here in the United States…
India’s decision to impose a ban on the export of non-basmati white rice has triggered panic buying among NRIs (non-residential Indians) in the US. India accounts for more than 40 percent of world rice exports, and a cut in shipments could inflate food prices in the US.
This is how fast it can happen. Just days after the export ban was announced, social media was filled with videos of panic buying from coast to coast…
Videos and reports shared on social media over the weekend show Indian-Americans standing in long lines or panic-buying rice in Texas, Michigan, New Jersey Alabama, Ohio, Illinois and California.
When people get desperate, they can do crazy things.
In fact, there was one report of some very desperate consumers “wrestling for a bag of rice in Dallas, Texas”…
There is a mad rush for rice in the United States after India banned exports. Several Indians were seen wrestling for a bag of rice in Dallas, Texas. Long queues to stock up on rice at supermarkets were also witnessed.
Some of the videos that are currently circulating are just nuts.
I didn’t think that we would see anything of this nature in the United States this summer.
But here we are.
Some retailers responded to this frenzy by dramatically hiking prices on bags of rice. In one particular case, the price of a bag of rice approximately tripled…
The Business Line reported that several grocery stores across America had increased the price of rice bags, seeing the frenzy. The report quoted an NRI as saying that a bag of 9 kg of rice, which used to cost $15-16 (Rs 1,222-1309) earlier, was now being sold at $46.99 (Rs 3,846).
Other retailers responded by placing limits on the amount of rice that each customer could purchase…
Other stores unable to keep up with the demand for rice were implementing rationing schemes or deploying innovative methods to stop the panic buying of rice. For instance, the owner of a store stocking Indian products in Mason town in Ohio enforced rationing by asking customers to restrict their purchase to one 20-pound bag (9.07 kg) of ordinary white rice per head, costing $24 (Rs 1,964).
Gouging consumers during a crisis such as this is just wrong, and so I like the second option much better.
Of course it isn’t just the United States where panic buying is happening.
Up in Canada, a grocery store in Toronto has also decided to limit each customer to just one bag of rice…
Rice is a staple for billions of people around the world but India has imposed a ban on the export of non-Basmati white rice products. A Toronto South Asian grocery store says it is already feeling the pinch, leading to a spike in panic buying.
“What happened in the last couple of days, it’s only a panic purchase,” Salam Hasan, general manager at Mississauga’s Iqbal Halal Foods, tells CityNews. “We used to have enough for three to four weeks. The stock was sold in just a couple of days.”
Hasan says for the time being the popular South Asian grocery store has implemented a restriction, allowing each family to buy just one bag of rice.
Needless to say, this rice panic is taking place at a time when hunger is rapidly growing all over the world.
According to the United Nations, 2.4 billion people already do not have enough food to eat.
And 900 million of them are facing severe food insecurity.
Now the deal that had allowed Ukraine to ship grain through the Black Sea has been terminated and India has decided to completely ban the export of non-basmati rice.
Global hunger is going to get even worse during the weeks and months that are in front of us, and I am extremely concerned about where all of this is eventually heading. But you aren’t hearing much about this from the mainstream media here in the United States, are you?
Even though the presidential election is more than 15 months away, our major news networks are obsessively focused on it.
That is extremely unfortunate, because historic changes are taking place all over the world right now, but most Americans don’t even realize that they are happening.
Coffee the Christian way: Promised Grounds
Michael’s new book entitled “End Times” is now available in paperback and for the Kindle on Amazon.com, and you can check out his new Substack newsletter right here.
Article cross-posted from End of the American Dream.
Five Things New “Preppers” Forget When Getting Ready for Bad Times Ahead
The preparedness community is growing faster than it has in decades. Even during peak times such as Y2K, the economic downturn of 2008, and Covid, the vast majority of Americans made sure they had plenty of toilet paper but didn’t really stockpile anything else.
Things have changed. There’s a growing anxiety in this presidential election year that has prompted more Americans to get prepared for crazy events in the future. Some of it is being driven by fearmongers, but there are valid concerns with the economy, food supply, pharmaceuticals, the energy grid, and mass rioting that have pushed average Americans into “prepper” mode.
There are degrees of preparedness. One does not have to be a full-blown “doomsday prepper” living off-grid in a secure Montana bunker in order to be ahead of the curve. In many ways, preparedness isn’t about being able to perfectly handle every conceivable situation. It’s about being less dependent on government for as long as possible. Those who have proper “preps” will not be waiting for FEMA to distribute emergency supplies to the desperate masses.
Below are five things people new to preparedness (and sometimes even those with experience) often forget as they get ready. All five are common sense notions that do not rely on doomsday in order to be useful. It may be nice to own a tank during the apocalypse but there’s not much you can do with it until things get really crazy. The recommendations below can have places in the lives of average Americans whether doomsday comes or not.
Note: The information provided by this publication or any related communications is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice.
Secured Wealth
Whether in the bank or held in a retirement account, most Americans feel that their life’s savings is relatively secure. At least they did until the last couple of years when de-banking, geopolitical turmoil, and the threat of Central Bank Digital Currencies reared their ugly heads.
It behooves Americans to diversify their holdings. If there’s a triggering event or series of events that cripple the financial systems or devalue the U.S. Dollar, wealth can evaporate quickly. To hedge against potential turmoil, many Americans are looking in two directions: Crypto and physical precious metals.
There are huge advantages to cryptocurrencies, but there are also inherent risks because “virtual” money can become challenging to spend. Add in the push by central banks and governments to regulate or even replace cryptocurrencies with their own versions they control and the risks amplify. There’s nothing wrong with cryptocurrencies today but things can change rapidly.
As for physical precious metals, many Americans pay cash to keep plenty on hand in their safe. Rolling over or transferring retirement accounts into self-directed IRAs is also a popular option, but there are caveats. It can often take weeks or even months to get the gold and silver shipped if the owner chooses to close their account. This is why Genesis Gold Group stands out. Their relationship with the depositories allows for rapid closure and shipping, often in less than 10 days from the time the account holder makes their move. This can come in handy if things appear to be heading south.
Lots of Potable Water
One of the biggest shocks that hit new preppers is understanding how much potable water they need in order to survive. Experts claim one gallon of water per person per day is necessary. Even the most conservative estimates put it at over half-a-gallon. That means that for a family of four, they’ll need around 120 gallons of water to survive for a month if the taps turn off and the stores empty out.
Being near a fresh water source, whether it’s a river, lake, or well, is a best practice among experienced preppers. It’s necessary to have a water filter as well, even if the taps are still working. Many refuse to drink tap water even when there is no emergency. Berkey was our previous favorite but they’re under attack from regulators so the Alexapure systems are solid replacements.
For those in the city or away from fresh water sources, storage is the best option. This can be challenging because proper water storage containers take up a lot of room and are difficult to move if the need arises. For “bug in” situations, having a larger container that stores hundreds or even thousands of gallons is better than stacking 1-5 gallon containers. Unfortunately, they won’t be easily transportable and they can cost a lot to install.
Water is critical. If chaos erupts and water infrastructure is compromised, having a large backup supply can be lifesaving.
Pharmaceuticals and Medical Supplies
There are multiple threats specific to the medical supply chain. With Chinese and Indian imports accounting for over 90% of pharmaceutical ingredients in the United States, deteriorating relations could make it impossible to get the medicines and antibiotics many of us need.
Stocking up many prescription medications can be hard. Doctors generally do not like to prescribe large batches of drugs even if they are shelf-stable for extended periods of time. It is a best practice to ask your doctor if they can prescribe a larger amount. Today, some are sympathetic to concerns about pharmacies running out or becoming inaccessible. Tell them your concerns. It’s worth a shot. The worst they can do is say no.
If your doctor is unwilling to help you stock up on medicines, then Jase Medical is a good alternative. Through telehealth, they can prescribe daily meds or antibiotics that are shipped to your door. As proponents of medical freedom, they empathize with those who want to have enough medical supplies on hand in case things go wrong.
Energy Sources
The vast majority of Americans are locked into the grid. This has proven to be a massive liability when the grid goes down. Unfortunately, there are no inexpensive remedies.
Those living off-grid had to either spend a lot of money or effort (or both) to get their alternative energy sources like solar set up. For those who do not want to go so far, it’s still a best practice to have backup power sources. Diesel generators and portable solar panels are the two most popular, and while they’re not inexpensive they are not out of reach of most Americans who are concerned about being without power for extended periods of time.
Natural gas is another necessity for many, but that’s far more challenging to replace. Having alternatives for heating and cooking that can be powered if gas and electric grids go down is important. Have a backup for items that require power such as manual can openers. If you’re stuck eating canned foods for a while and all you have is an electric opener, you’ll have problems.
Don’t Forget the Protein
When most think about “prepping,” they think about their food supply. More Americans are turning to gardening and homesteading as ways to produce their own food. Others are working with local farmers and ranchers to purchase directly from the sources. This is a good idea whether doomsday comes or not, but it’s particularly important if the food supply chain is broken.
Most grocery stores have about one to two weeks worth of food, as do most American households. Grocers rely heavily on truckers to receive their ongoing shipments. In a crisis, the current process can fail. It behooves Americans for multiple reasons to localize their food purchases as much as possible.
Long-term storage is another popular option. Canned foods, MREs, and freeze dried meals are selling out quickly even as prices rise. But one component that is conspicuously absent in shelf-stable food is high-quality protein. Most survival food companies offer low quality “protein buckets” or cans of meat, but they are often barely edible.
Prepper All-Naturals offers premium cuts of steak that have been cooked sous vide and freeze dried to give them a 25-year shelf life. They offer Ribeye, NY Strip, and Tenderloin among others.
Having buckets of beans and rice is a good start, but keeping a solid supply of high-quality protein isn’t just healthier. It can help a family maintain normalcy through crises.
Prepare Without Fear
With all the challenges we face as Americans today, it can be emotionally draining. Citizens are scared and there’s nothing irrational about their concerns. Being prepared and making lifestyle changes to secure necessities can go a long way toward overcoming the fears that plague us. We should hope and pray for the best but prepare for the worst. And if the worst does come, then knowing we did what we could to be ready for it will help us face those challenges with confidence.
