- In January a 25lb bag of Milagrosa Rice cost $12.50.
- Last night the same 25lb bag of Milagrosa Rice was $19.00.

That’s a 52% increase in six months.

I know there is a rice shortage in the world, but I didn’t think it was that bad.

According to the market forces which pit supply and demand against each other, it is. At some point you expect the supply to come back up, but will the prices drop? Like high gas prices, this might be something we’ll have to eventually accept as the norm.

Comments RSS