In regards rice, it will be like our broad acre... lots less people producing far greater quantities.
The real money guys see that this has to settle down.
Buffet even says that current biofuels not the answer.
http://money.cnn.com/video/#/video/news/2008/05/05/news.buffett.oil.cnnmoney
Market is about to shift again.. imo.
Only certainty is oil and gas.
