Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Rice Takes Out December 2009 Highs, Next Stop: $20, As China Distributes Fake Plastic Rice
ZeroHedge ^ | 2/3/2011 | Tyler Durden

Posted on 02/03/2011 9:44:28 AM PST by mojito

And so the tide rising all commodities keeps coming: rough rice has just passed its December 2009 high and is now at its highest since October 2008. When we predicted on Monday morning that "rice is next", little did we think that it would be up by 11% in 4 days. And with this important resistance level broken, it is smooth sailing to the next two resistance levels of $20 and $24. Of course, Bangladesh will be in flames long before any of those are hit. But a speculator has to eat, right. After all, none of this is Gen Ben's fault.

And for those curious how China is dealing with multi year rice price highs, here is a tip, via Very Vietnam:

Fake Plastic Rice from China

According to the Korean-language “Weekly Hong Kong” (which many Vietnam websites are referencing as well), Singapore media claim that fake rice is being distributed in the Chinese town of Taiyuan, in Shaanxi province. This “rice” is a mix of potatoes, sweet potatoes, and plastic. It is formed by mixing the potatoes and sweet potatoes into the shape of rice grains, then adding industrial synthetic resins. Since the rice does not behave like normal rice, it stays hard even after it has been cooked. Such synthetic resins can also be very harmful if consumed.

(Excerpt) Read more at zerohedge.com ...


TOPICS: Business/Economy; Extended News; Foreign Affairs
KEYWORDS: china; commoditiesbubble; food; foodcrisis; foodshortage; rice; ricecrop
Navigation: use the links below to view more comments.
first 1-5051-82 next last
First wheat, now rice.
1 posted on 02/03/2011 9:44:32 AM PST by mojito
[ Post Reply | Private Reply | View Replies]

To: mojito

Looks like the only safe food to eat these days is dog kibble.

Oh, wait... ;)


2 posted on 02/03/2011 9:46:35 AM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust post-Apocalyptic skill set...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mojito

Isn’t the ‘age of Obama’, grand?


3 posted on 02/03/2011 9:48:48 AM PST by Freddd (CNN is down to Three Hundred Thousand viewers. But they worked for it.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mojito

There’s truly nothing that China won’t counterfeit, forge, copy, steal, lie about, or otherwise defraud.


4 posted on 02/03/2011 9:48:49 AM PST by Terpfen (Buh-bye, Suntan Charlie.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Terpfen

That’s one way to keep healthcare costs down, eh?


5 posted on 02/03/2011 9:50:24 AM PST by Freddd (CNN is down to Three Hundred Thousand viewers. But they worked for it.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: Terpfen

Why should we expect any different from the ‘world community’, with the Pansy in Chief in charge...what’s he going to do when they pull stuff like this, cry all over them?


6 posted on 02/03/2011 9:51:04 AM PST by Fedupwithit ("The welfare of humanity is always the alibi of tyrants" -Albert Camus)
[ Post Reply | Private Reply | To 4 | View Replies]

To: FromLori; blam; muawiyah

*ping*


7 posted on 02/03/2011 9:51:11 AM PST by hennie pennie
[ Post Reply | Private Reply | To 1 | View Replies]

To: mojito
... it stays hard even after it has been cooked.

Viagra rice.

8 posted on 02/03/2011 9:54:41 AM PST by Mr Ramsbotham (Laws against sodomy are honored in the breech.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mojito

Gold jumped $20 at noon today. The other metals are up strongly. Other commodities are not doing anything so not sure what to make of the move in gold and the metals.


9 posted on 02/03/2011 9:54:59 AM PST by Presbyterian Reporter
[ Post Reply | Private Reply | To 1 | View Replies]

To: ChocChipCookie

PING!!!


10 posted on 02/03/2011 9:55:48 AM PST by Kartographer (".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
[ Post Reply | Private Reply | To 7 | View Replies]

To: Lucky9teen; Kartographer; ChocChipCookie; SunkenCiv; The Comedian; pissant; Uncle Ike; SE Mom; ...
Plastic rice, made in China.

NO joke, not kidding.

11 posted on 02/03/2011 9:58:02 AM PST by hennie pennie
[ Post Reply | Private Reply | To 1 | View Replies]

To: mojito

Fear not GM corn to replace both. /s


12 posted on 02/03/2011 9:58:07 AM PST by Vaduz
[ Post Reply | Private Reply | To 1 | View Replies]

To: mojito

Rule #1 - Never trust any food products from China.


13 posted on 02/03/2011 9:59:24 AM PST by glorgau
[ Post Reply | Private Reply | To 1 | View Replies]

To: Fedupwithit

China’s been stealing and defrauding way before Obama came into office.


14 posted on 02/03/2011 10:00:32 AM PST by Terpfen (Buh-bye, Suntan Charlie.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: mojito
From article:

This “rice” is a mix of potatoes, sweet potatoes, and plastic.

Sounds like the ingredients for a Taco Bell burrito.

15 posted on 02/03/2011 10:01:37 AM PST by vox_freedom (America is being tested as never before in its history. May God help us.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mojito

The end game is to ulitmately make fake chinese.


16 posted on 02/03/2011 10:01:46 AM PST by SgtHooper (The last thing I want to do is hurt you. But it's still on the list.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: hennie pennie

this must be a cue from China to invest in plastic?


17 posted on 02/03/2011 10:05:03 AM PST by no-to-illegals (Please God, Bless and Protect Our Men and Women in Uniform with Victory. Amen.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Diana in Wisconsin

If they could make this a safe food, the benefits would be enormous. Thinking weight loss here.


18 posted on 02/03/2011 10:07:31 AM PST by SgtHooper (The last thing I want to do is hurt you. But it's still on the list.)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Terpfen
China’s been stealing and defrauding way before Obama came into office.

But their strategic opportunities have never been greater since Barrack came in... They sense, nay, they know, they can now get away with just about anything.

The Department of Commerce Secretary Gary Locke was a paid lobbyist and operative of Chinese (government-owned) companies just prior to taking the job in the Obama cabinet. And since 2008, China's progress towards world currency domination, and holding the US by the gonads via economic power (AKA blackmail) has been undiminished.

19 posted on 02/03/2011 10:08:20 AM PST by vox_freedom (America is being tested as never before in its history. May God help us.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: mojito; glorgau

I agree with Rule #1. There is doubt the Food Safety Bill, or is it a law now, covers this, unless we are being ordered to import more from China?


20 posted on 02/03/2011 10:08:53 AM PST by no-to-illegals (Please God, Bless and Protect Our Men and Women in Uniform with Victory. Amen.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SgtHooper
If they could make this a safe food, the benefits would be enormous. Thinking weight loss here.

Yep, starvation certainly has a tendency to promote "weight-loss."

21 posted on 02/03/2011 10:10:17 AM PST by vox_freedom (America is being tested as never before in its history. May God help us.)
[ Post Reply | Private Reply | To 18 | View Replies]

To: vox_freedom

LOL! You have to include food with sustenance as well. The rice is just a filler. Sates the user. And, it is reusable, should the user want to go that far.


22 posted on 02/03/2011 10:12:47 AM PST by SgtHooper (The last thing I want to do is hurt you. But it's still on the list.)
[ Post Reply | Private Reply | To 21 | View Replies]

To: SgtHooper

lol, the ultimate reusable roughage cleanout...


23 posted on 02/03/2011 10:19:48 AM PST by Abathar (Proudly posting without reading the article carefully since 2004)
[ Post Reply | Private Reply | To 22 | View Replies]

To: SgtHooper

Yes, but it would give new meaning to “violent diarrhea”.


24 posted on 02/03/2011 10:24:14 AM PST by Cletus.D.Yokel (Islam is a violent and tyrannical political ideology and has nothing to do with "religion".)
[ Post Reply | Private Reply | To 18 | View Replies]

To: Abathar

Haha. Yes, only the fiber is no longer organic, but plastic fiber.


25 posted on 02/03/2011 10:27:33 AM PST by SgtHooper (The last thing I want to do is hurt you. But it's still on the list.)
[ Post Reply | Private Reply | To 23 | View Replies]

To: Bean Counter; mo

See this??


26 posted on 02/03/2011 10:31:57 AM PST by hennie pennie
[ Post Reply | Private Reply | To 1 | View Replies]

To: glorgau
Rule #1 - Never trust any food products from China.

I try not to buy Chinese, but I can't find any canned or jarred mandarin oranges that aren't from there, and I really love them. I rationalize buying them anyway by telling myself Rule #1 only applies to PROCESSED food.

27 posted on 02/03/2011 10:32:40 AM PST by nina0113
[ Post Reply | Private Reply | To 13 | View Replies]

To: SgtHooper

Yeah, but think about the dental bills.


28 posted on 02/03/2011 10:35:16 AM PST by dangerdoc (see post #6)
[ Post Reply | Private Reply | To 18 | View Replies]

To: SunkenCiv; Quix; B4Ranch; SonOfDarkSkies; houeto; null and void; Lurker; Whenifhow; TheOldLady; ...
Prastic-rice pring.

"Usual Weirdos" ping.

Erratic volume ping list tracking stuff that's just weird, or is of interest to the usual bunch of weirdos (especially SunkenCiv).

FReepmail me if you want on or off
The Comedian's "Usual Weirdos" ping list...


Today is a good day to die.
I didn't say for whom.

29 posted on 02/03/2011 10:37:57 AM PST by The Comedian (It's 3am all over the planet.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SgtHooper

I have seen the truly poor in both Africa and South America patty moist dirt and sawdust with a ground weed that adds a little sweetness to the mix and feed that to their family.

To be honest though if the plastic “binders” get passed through while the carbohydrates and vitamins in the potato starch dissolve in the stomach then this could be a big thing for them.

As far as plastic goes if you ever knew what margarine was made from you would realize there isn’t much difference from it and plastic either, that’s why I still only eat real butter.


30 posted on 02/03/2011 10:39:34 AM PST by Abathar (Proudly posting without reading the article carefully since 2004)
[ Post Reply | Private Reply | To 25 | View Replies]

To: nina0113

We grow Mandarin Oranges in the US south except we call them Satsumas.

"While the species originates from Japan, it does not originate from the Satsuma Province in particular. The towns of Satsuma, Alabama, Satsuma, Florida, Satsuma, Texas and Satsuma, Louisiana were named after this fruit. By 1920 Jackson County in the Florida Panhandle had billed itself as the "Satsuma Capital of the World."

31 posted on 02/03/2011 10:42:33 AM PST by blam
[ Post Reply | Private Reply | To 27 | View Replies]

To: Abathar
"As far as plastic goes if you ever knew what margarine was made from you would realize there isn’t much difference from it and plastic either, that’s why I still only eat real butter."

I think fat-free mayonnaise is in the same category.

32 posted on 02/03/2011 10:44:35 AM PST by blam
[ Post Reply | Private Reply | To 30 | View Replies]

To: The Comedian

hmmmm

BTW

May get to the webbot stuff before class. If not, after.


33 posted on 02/03/2011 11:00:04 AM PST by Quix (Times are a changin' INSURE you have believed in your heart & confessed Jesus as Lord Come NtheFlesh)
[ Post Reply | Private Reply | To 29 | View Replies]

To: blam

Fat-free mayonnaise could be worse - they could’ve put that Olestra stuff in it.


34 posted on 02/03/2011 11:00:42 AM PST by Charles Martel (Endeavor to persevere...)
[ Post Reply | Private Reply | To 32 | View Replies]

To: hennie pennie

35 posted on 02/03/2011 11:02:53 AM PST by FromLori (FromLori">)
[ Post Reply | Private Reply | To 7 | View Replies]

To: The Comedian

36 posted on 02/03/2011 11:04:40 AM PST by houeto (Government derives its just powers from the consent of the governed.)
[ Post Reply | Private Reply | To 29 | View Replies]

To: Abathar; SgtHooper

37 posted on 02/03/2011 11:08:13 AM PST by Charles Martel (Endeavor to persevere...)
[ Post Reply | Private Reply | To 23 | View Replies]

To: Diana in Wisconsin
Looks like the only safe food to eat these days is dog kibble.

Feed the kibble to the dog. Eat the dog.

It's an extra layer of protection.

38 posted on 02/03/2011 11:09:32 AM PST by rogue yam
[ Post Reply | Private Reply | To 2 | View Replies]

To: houeto
Note to self..

..(1)...harvest the acorns this year....

(2)...look up Native Indian recipes for Acorn flour.

39 posted on 02/03/2011 11:11:28 AM PST by spokeshave (WTF....the only thing 0bambi's investments will get us is a bullet train to bankruptcy.)
[ Post Reply | Private Reply | To 36 | View Replies]

To: spokeshave

40 posted on 02/03/2011 11:14:45 AM PST by houeto (Government derives its just powers from the consent of the governed.)
[ Post Reply | Private Reply | To 39 | View Replies]

To: blam

[shudder] Fat-free mayonnaise? [puke shudder] Why in the world would you say such a thing in a family forum?

I make my own mayo and can’t imagine how to do it without the fat.


41 posted on 02/03/2011 11:18:58 AM PST by TheOldLady ("20 Years Ago Desert Storm began...where were you...?" "I believe I was hitting it." - Lazamataz)
[ Post Reply | Private Reply | To 32 | View Replies]

To: spokeshave
1. Collect your acorns. Avoid anything that has a damaged shell, especially a dark hole or small circular scar on it about the diameter of a pencil lead. Those acorns have worms in them and are no good.

2. Shell the acorns. When dry, many will open themselves. If you wait for them to dry out, make sure that they get plenty of air, you don't want them to rot. If you have a dehydrator, you may consider speeding the process. Keeping them in the oven may work too if it has a pilot light.

3. Grind the acorns. You can grind them in a food processor, or another option is to put them up in a blender with some water. Don't be stingy with the water, you'll be rinsing them out several times before your flour is ready. Think acorn smoothie.

4. Rinse out the tannins. Acorns contain tannic acid which is bitter, and not good for your kidneys (or iron absorption). The good news is that it is water soluble and easy to remove. If you made acorn mush, drape a cotton dishcloth over a deep bowl, pour in your mush and rinse it with warm water. Wring out the mush by bringing the corners of the towel together and twisting. Taste the mush, if bitter, repeat.

5. Dry out the mush. Next spread the mush out on a cookie sheet and either leave it in the sun on a hot dry day, put it in your dehydrator, or put it in your oven after baking some cookies or something and let the residual heat do the job. Stir the mush occasionally to speed the process. If it clumps up and looks like ground beef, it is probably going well.

42 posted on 02/03/2011 11:20:02 AM PST by houeto (Government derives its just powers from the consent of the governed.)
[ Post Reply | Private Reply | To 39 | View Replies]

To: The Comedian

Just a rumor started in Singapore so that Soros can make a killing in the rice market?


43 posted on 02/03/2011 11:21:01 AM PST by TheOldLady ("20 Years Ago Desert Storm began...where were you...?" "I believe I was hitting it." - Lazamataz)
[ Post Reply | Private Reply | To 29 | View Replies]

To: houeto

Hmmm... Our property is covered with oak trees, but I’d hate to starve all the squirrels that they support. And the little dickenses have sharp teeth. Fighting them off might be a problem.

They clean up all the acorns from the entire six acres every year.


44 posted on 02/03/2011 11:25:32 AM PST by TheOldLady ("20 Years Ago Desert Storm began...where were you...?" "I believe I was hitting it." - Lazamataz)
[ Post Reply | Private Reply | To 40 | View Replies]

To: mojito

I still have the rice (in the freezer) that I bought for the 2008 famine.


45 posted on 02/03/2011 11:25:51 AM PST by blam
[ Post Reply | Private Reply | To 1 | View Replies]

To: TheOldLady
Our property is covered with oak trees, but I’d hate to starve all the squirrels that they support. And the little dickenses have sharp teeth. Fighting them off might be a problem.

I'd make biscuits with the acorns to sop up the squirrel gravy!

46 posted on 02/03/2011 11:29:52 AM PST by houeto (Government derives its just powers from the consent of the governed.)
[ Post Reply | Private Reply | To 44 | View Replies]

To: houeto

Then what will we do next year?


47 posted on 02/03/2011 11:34:30 AM PST by TheOldLady ("20 Years Ago Desert Storm began...where were you...?" "I believe I was hitting it." - Lazamataz)
[ Post Reply | Private Reply | To 46 | View Replies]

To: Charles Martel

LOL, true story - My wife bought this new cereal home one day and I was out of my sugar coated corn flakes I eat all the time so I poured my usual giant bowl of hers, half a cup of sugar, and took off for work like I always do.

Dear Mother of God does that high fiber stuff work, I spend half the damn day hanging out in the john hoping no one came in while I was there.

She still laughs about the phone call she got from me that day....


48 posted on 02/03/2011 11:37:51 AM PST by Abathar (Proudly posting without reading the article carefully since 2004)
[ Post Reply | Private Reply | To 37 | View Replies]

To: TheOldLady
Then what will we do next year?

The same thing. You don't kill ALL the squirrels nor harvest ALL the acorns.


49 posted on 02/03/2011 11:41:02 AM PST by houeto (Government derives its just powers from the consent of the governed.)
[ Post Reply | Private Reply | To 47 | View Replies]

To: houeto

Well, there are always the deer, I guess.

I hope that you realize that I’m teasing you.

Your tannin-removal instructions are appreciated, and we truly do have enough acorns to keep from starving if it comes to that here.

In California, we had two olive trees in our front yard, and I learned how to process them because they are also very bitter uncured.


50 posted on 02/03/2011 11:47:09 AM PST by TheOldLady ("20 Years Ago Desert Storm began...where were you...?" "I believe I was hitting it." - Lazamataz)
[ Post Reply | Private Reply | To 49 | View Replies]


Navigation: use the links below to view more comments.
first 1-5051-82 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson