There is no commodities bubble, at least according to the majority of economists surveyed by The Wall Street Journal.

This from the WSJ:

Fifty-one percent of the respondents said demand from China and India was the prime factor in soaring energy prices, and 40% said demand was the chief contributor to rising food costs. Constrained supply was cited second most-often; 20% blamed supply problems for higher food prices and 15% for increasing energy prices.

“It’s a combination of demand and supply issues,” said Joseph Carson of AllianceBernstein.

“Soft commodities are now the best-performing sub-set of the commodity bull market,” says Eric Roseman in the Offshore A-Letter.

“The world’s supply is withering. The demand for these precious commodities is booming in emerging markets, while the world’s…

Today’s Whiskey is a special excerpt from legendary financial mind Jim Rogers’ book, Hot Commodities. In this essay, Jim explains away some of the myths many people associate with commodity markets.

The Fed once again cut interest rates on Wednesday, this time by a quarter of a percentage point. So what does this mean for the U.S. economy as well as the central banks in Europe?

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.

Rice prices have hit fresh records after World Bank officials said Thailand, the largest exporter of the grain, may restrict exports, worsening the global food crisis.

The price of rice, which has doubled in the past year, jumped 2.3% in Chicago today.

“Soft commodities are now the best-performing sub-set of the commodity bull market,” says Eric Roseman in the Offshore A-Letter.