With the run on rice in the US in full swing and sky high rice prices still grabbing the the headlines, investors are looking for a rice ETF to profit from the situation.

Unfortunately, there is still no specific ETF for rice. But that doesn’t mean there aren’t any commodities ETFs to help investors profit from the rise in rice and grain prices.

“Commodity service-providers have launched a blizzard of commodities ETFs over the last 12 months,” says Eric Roseman in the Offshore A-Letter.

The food crisis — caused by sky-high rice prices and grain prices — has now hit Americans, prompting many visitors to this site to ask: Is there a rice ETF?

According to the Washington Times, “Costco and other grocery stores in California reported a run on rice, which has forced them to set limits on how many sacks of rice each customer can buy.”

Meanwhile, reports the paper, “Filipinos in Canada are scooping up all the rice they can find and shipping it to relatives in the Philippines, which is suffering a severe shortage that is leaving many people hungry.