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Old 10-21-2012, 08:34 AM
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Default Basmati rice (going) up 11% at Costco



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Yesterday, while at Costco I noticed that they just came out with Costco's own Kirkland brand Basmati rice packaged in (cheap) plastic bag.

While they still had some of the "old" Basmati rice available at $13.47 per 20lb the "new" Costco Basmati rice was $15.00 per 20lb.

So if your Costco still has the "cheap" version available, you may get a few extra bags ... unless you dont mind paying 11% more very soon.



Good Bye Royal Basmati ... you will be missed

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Old 10-22-2012, 06:35 AM
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Plain old white rice at Grocery Outlet: $5.49/10lbs.
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Old 10-22-2012, 10:30 AM
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Sams sells the Royal brand for 15, and sometimes 18 per 20lb bag. It's my preferred variety, as not all basmati rice is equal in quality.

India had a bad harvest in 2012, so I am surprised the price did not go up even higher.
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Old 05-19-2014, 08:56 PM
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Originally Posted by BugOutBicycle View Post
Yesterday, while at Costco I noticed that they just came out with Costco's own Kirkland brand Basmati rice packaged in (cheap) plastic bag.

While they still had some of the "old" Basmati rice available at $13.47 per 20lb the "new" Costco Basmati rice was $15.00 per 20lb.

So if your Costco still has the "cheap" version available, you may get a few extra bags ... unless you dont mind paying 11% more very soon.



Good Bye Royal Basmati ... you will be missed

This was my old post from 2012. Well, I was naive. While the same rice was still available last fall for $13.95 the price jumped up to $20.95!

Thats about 50% price increase in less than a year!

I bought quite a bit back then, but now I'm regretting not buying extra 20 bags at $13.95.

My optimistic guess is $24.95 by Christmas ... my pessimistic guess is $29.95 by Christmas.

With all the crazy weather, droughts, wars and food shortage around the globe, we may be even lucky to get a bag like that for $50 next year.
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Old 05-19-2014, 09:27 PM
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^ one reason to prep is saving money
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Old 05-20-2014, 02:16 AM
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Definitely look for Asian and Latino markets in your area.

Their typical buyers will demand the absolute rock bottom price on rice. Those grocers know they cannot make a dime off the stuff if they hope to keep the locals buying other stuff there. It's kind of like gas stations making a nickel a gallon on gas and hoping you come in for a single soda and triple their profit margin.
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Old 05-20-2014, 09:11 PM
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Definitely look for Asian and Latino markets in your area.

Their typical buyers will demand the absolute rock bottom price on rice. Those grocers know they cannot make a dime off the stuff if they hope to keep the locals buying other stuff there. It's kind of like gas stations making a nickel a gallon on gas and hoping you come in for a single soda and triple their profit margin.
This wasnt about "where do I find a cheap rice". This was about 50% inflation in less than a year. Sure I can buy a cheaper rice, but that does not mean that the very same "cheap" brand from the Asian/Latino market wont be 50% more expensive a year from today.
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Old 05-20-2014, 09:23 PM
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Originally Posted by BugOutBicycle View Post
This wasnt about "where do I find a cheap rice". This was about 50% inflation in less than a year. Sure I can buy a cheaper rice, but that does not mean that the very same "cheap" brand from the Asian/Latino market wont be 50% more expensive a year from today.
If your point was just about food inflation then I agree.

Though rice has been pretty stable in price in my area for years.
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Old 05-20-2014, 09:55 PM
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Originally Posted by BBQ_Pork View Post
Plain old white rice at Grocery Outlet: $5.49/10lbs.
"Plain old white rice" is like eating sheets of typing paper compared to basmati .
Were we in the middle of a major depression (or worse), I'd happily go with whatever was cheapest, but while things are still relatively normal, I highly recommend putting up at least a few pounds of basmati as personal stash
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Old 05-20-2014, 09:59 PM
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"Plain old white rice" is like eating sheets of typing paper compared to basmati .
Most US "plain rice" comes from the 3rd largest rice growing area of the world. Southeast Texas. It happens to be a basmati strain imported from India about a century ago. US long grain varieties are always from Indian basmati sourcing.
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Old 05-20-2014, 10:14 PM
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I'm kind of digging the Jasmine rice right now... they have 20lbs for $16 at a local greek market. Best price on jasmine rice that I know of.

How many pounds of rice do you guys typically keep on hand? I think I'm at around 100 lbs.
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Old 05-20-2014, 10:43 PM
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FWIW, I bought a 20 lb. bag of Dougets, bagged in Beaumont, grown in that general area, for $5.99 today. I may go back and buy another in a few days.
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Old 05-20-2014, 10:49 PM
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I'm kind of digging the Jasmine rice right now... they have 20lbs for $16 at a local greek market. Best price on jasmine rice that I know of.

How many pounds of rice do you guys typically keep on hand? I think I'm at around 100 lbs.
Costco has 50lb Jasmine rice for about $33.

... I dont think every Costco has it in stock though.
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Old 05-20-2014, 11:44 PM
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FWIW, I bought a 20 lb. bag of Dougets, bagged in Beaumont, grown in that general area, for $5.99 today. I may go back and buy another in a few days.
Yep, typical SE Texas rice there. 33 cents a pound in bulk sounds about right too as our stores. From Corpus to NOLA it is best starch option. It and the coastal fish are why the Vietnamese relocated here in droves in the 70's.
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Old 05-21-2014, 12:08 AM
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If your point was just about food inflation then I agree.

Though rice has been pretty stable in price in my area for years.
4-5 years ago it was insane- prices doubled almost overnight and wholesale suppliers were rationing rice- sams was out at times. I forget the cause it was outside the US, but kept a run on US rice.

A friend runs an asian resturant. I don't know the whole deal, but she called me to see how much rice I could pick up the next day for her. I ended up getting 20,000 lbs in 2 loads (1 ton plus gooseneck trailer)- 100 lbs sacks of cheap long grain, 50 lbs sacks of Botan "good" rice, and 1000 lbs of sushi grade rice for her family. She gave me a few hundred pounds of sushi grade rice as payment in addition to my fuel. The bitch was it was all unloaded into her house.

BTW, I can't tell the difference between TexMatti and Basmatti rice- same seed BTW, and it shouldn't be affected by indian crop failures unless resturants are subbing it for basmatti.
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Old 05-21-2014, 01:52 AM
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Originally Posted by country_boy View Post
4-5 years ago it was insane- prices doubled almost overnight and wholesale suppliers were rationing rice- sams was out at times. I forget the cause it was outside the US, but kept a run on US rice.

A friend runs an asian resturant. I don't know the whole deal, but she called me to see how much rice I could pick up the next day for her. I ended up getting 20,000 lbs in 2 loads (1 ton plus gooseneck trailer)- 100 lbs sacks of cheap long grain, 50 lbs sacks of Botan "good" rice, and 1000 lbs of sushi grade rice for her family. She gave me a few hundred pounds of sushi grade rice as payment in addition to my fuel. The bitch was it was all unloaded into her house.

BTW, I can't tell the difference between TexMatti and Basmatti rice- same seed BTW, and it shouldn't be affected by indian crop failures unless resturants are subbing it for basmatti.
I do remember that one scare back then. I was warned to stock up and I shifted away from rice for a while. Something likely happened in the other 2 big rice regions of the planet, India or the Mekong Delta, to ramp up the panic. The 3 areas make a lot of rice. Excess even for the planet's current needs. But if one shuts down that is a huge chunk out of the global rice supply.
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Old 05-21-2014, 02:08 AM
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What is the difference above background? You know price means nothing if your not measuring toxicity.
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Old 05-21-2014, 11:06 AM
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I remember the rice 'shortage' a few years ago, and I remember here the city tv stations reporting on how the prices went up and it was hard to find on the shelves and it was also affecting Texas grown rice because other rices were in shortage, but I guess here in hill billy land no one heard about it because I kept buying rice at the same prices all along.

Decided to go back to the store and buy a few more bags of the Dougets long grain for me and my parents. Too cheap to pass up right now.
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Old 05-21-2014, 05:41 PM
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"Rice is the staple food crop of the world population. The world population continues to grow steadily, while land and water resources are on the decline. Studies suggest that temperature increase, rising seas and changes in patterns of rainfall and its distribution under global climate changes might lead to substantial modifications in land and water resources for rice production as well as the productivity of rice crops grown in different parts of the world."
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Old 05-21-2014, 06:33 PM
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The first post was October 2012 over 1.5 years ago...I was a Costco on Monday May 19, 2014 and bought some Brown rice.
I looked at the Basmati and it was expensive - I swear it was int the 20's or low $30 range.
I remember thinking that is some damn expensive rice.
I wish costco would sell the converted rice again.
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