Props to our buddy Pharmer, who called this one on the correction a few weeks back.
Rice was the last shoe to drop in the grains correction, and the first to be roaring back out of the gate.
I just had one contract filled at 18.98, and rice is currently sitting at 19.05 - basically an all-time high.
Rice has doubled in the last year, but we'll see how much room it has left to run. I'll probably look to add a contract or two on continued strength.
Most Popular Articles This Month
Nice simple breakdown of 3 of our favorite softs - coffee, cocoa, and sugar - by the folks at Money Morning. I did not realize the coffee ...
Last May we covered a Financial Sense Newshour interview with Kirk Sorensen, founder of Flibe Energy - he made the case for little-known ele...
Our soft commodity flavor-of-the-month, cotton, has seen its near term futures surge "limit up" for the second day in the row. Wa...