I'll bet most people don't know about the rice rout because the news media hasn't reported it. However, perhaps you remember this past Spring when the cost of rice rocketed to unprecedented heights, and prices reached more than $22.75 per bushel. Have you ever wondered what happened to the grain that seemed to be made of gold?It is now selling for only about $16.50 per bushel! That's a 27% drop in price, and it's still falling! (Note also in this chart the "spike", as I mentioned earlier today is typical for physical commodity tops.) Funny, isn't it, that the news media doesn't mention this now! Why happened to the news stories about the rice rout?
