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
The race is on to acquire gold bullion while the governments of the world unite to print money as fast as they can . But unfortunately all ...
The gold standard these days has been reduced to a distant memory and fantasy of hard money proponents. IF we returned to a gold standard, ...
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...