Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Rice jumps 61% in 2008

by Tony Sagami on May 9, 2008

in Asian Market, Stock Market in China

You and I keep talking about the rising cost of filling up our gas tank, but Asians care a heck of a lot more about the
price of rice.

Rice futures have jumped by 61% so far this year and the floods in Burma (a major rice producer) have made the supply
situation even worse.

{ 1 comment… read it below or add one }

1 M.S.Blackwell November 29, 1999 at 7:00 PM

I’ve been a subscriber to safemoney for some years now. I dont recall seeing ya’ll mention any ETF’s for the Chinese stock market or for any Asian market. Are there ETF’s for these stock indexes?

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