Posted on 04/24/2022 8:42:21 AM PDT by blam
If record-high food prices weren’t enough. The Russia-Ukraine conflict has choked off the world of sunflower oil supply, forcing the largest supermarket in the UK to begin rationing.
The Guardian reports that Tesco, with more than 4,000 retail stores, placed buying limits of three cooking oil bottles per customer. It follows Waitrose and Morrisons, other supermarket chains that set limits of just two per customer.
The UK’s biggest retailer is experiencing sourcing issues with cooking oil, especially sunflower oil, which much of it comes from Ukraine. As retailers panic about sourcing edible oils, it has driven retail cooking oil prices up an average of 20% over the last year.
Last week, British Retail Consortium’s Tom Holder told the BBC that rationing was temporary “to ensure availability for everyone.” He said supermarkets are “working with suppliers to ramp up production of alternative cooking oils, to minimize the impact on consumers.”
Tesco said in a statement:
“We have good availability of cooking oils in stores and online. If a customer is unable to find their preferred oil, we have plenty of alternatives to choose from.
“To make sure all of our customers can continue to get what they need, we’ve introduced a temporary buying limit of three items per customer on products from our cooking oil range.”
Supermarkets are also placing buying restrictions on olive and rapeseed oils. There was news Friday that the world’s largest palm oil producer, Indonesia, announced an export ban of all cooking oil and palm oil products, which adds even more tightness to global cooking oil supplies.
Food rationing because of shortages are symptoms of an emerging global food crisis. Rockefeller Foundation President Rajiv Shah was nice enough last week to give Bloomberg Television’s David Westin a timeline on when this crisis could erupt. Shah believes “in the next six months.”
As a reminder, the Rockefeller Foundation(See link below) has views closely aligned with the World Economic Forum, advocating for a ‘global reset.’ The reset they want is for the global food supply chain. And it’s only out of the crisis they can implement change, such as no more red meat for the masses but rather insects.
Did I read last week that someone said that Costco was limiting the number of bags of dry dog food you could buy? Is that true? Is it still true?
Hmm, I’m due to pick one up, I’ll try to remember to report back. Ever since the dangerous adulterated dog food episode of maybe a decade back, I’ve tried to keep an extra bag of kibble around so I’m not using one that’s just come off the shelf. So if there are any problems, I’ll have a chance to hear about it. Also provides more preps.
1. NO sunflower oil. It's simply not there anymore. (Have, in the meantime, found a Turkish supermarket that carries Turkish sunflower oil. It's expensive!)
2. Other vegetable oils: Limited to one bottle per customer.
3. Flour! Limited to one bag per customer.
4. Toilet paper (again!): Limited to one bag per customer.
I am quite sure that the scarcity is the result largely of hoarding rather than a true dearth.
Regards,
The limiting/rationing crap don’t work.
When academy sports was limiting how much ammo you could buy I’d just take my wife and we’d both buy the limit, drop the purchased ammo in the truck, go back in and do it all over again until I got what I wanted.
Obama: “We need to be more like Europe.”
Oh good
Welcome to liberal/democrat Paradise, liberal/democrat voters.
You asked for it.
Might just buy some Olive Oil today.
That’s what air fryers are for so you don’t need oil however you’ll need to build more silly windmills 🤪
“...Tesco, with more than 4,000 retail stores, placed buying limits of three cooking oil bottles per customer.”
The sign says limit 2 items per person...
Sunflower oil is the preferred cooking oil of Brits but isn’t required to sustain human life.
The US/Canada has plenty of rapeseed oil which is an almost perfect substitute and we have plenty of corn and soy(vegetable) oil to sell them too.
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