The Travelin Man
"Best in the world" is one of those truly subjective statements, without any particular basis, that help make the case for "Non-Americans" that hate the "It’s the best…because it’s from America…because we said so" sentiment. Such is usually followed by – "…and if you don’t like it, we’ll kick your a$$!" or some such.
The fact is that there are a lot of restaurants that serve Jasmine (Thai) or Basmati (Indian) rice, and label it as such on the menu. The perception (true or not, I don’t know) is that these are better products than American rice.
As for it still being plentiful….well, so is oil, but the price of it keeps rising, too.
While this is the "law" as taught in economics, I just don’t think that the real world works this way. For instance, the price of corn has spiked in the last year or two, but I just read an article about how there will actually be a net decrease in the production of corn this year domestically.
I also, again, point to oil in terms of "supply and demand." If it is really that simple, our demand has remained relatively constant and there is still substantial supply, but the other day the price of oil rose to its inflation-adjusted all-time high. It is now higher than the 1970s "oil crisis," higher than at the start of the first Gulf war, etc. Plenty of supply…constant demand…price through the roof. [?]