QueryTrace doesn't work as-is because many changes were made in Rails 3 esp in the area of ActiveRecord.
So, hacking around, I made it work like this:
You just need the 2 files below in the locations mentioned. Then restart the web server.
After the SQL, you should see Called from: in a console (magenta on white) and log file
In /vendor/plugins/query_trace/lib/query_trace.rb
module QueryTrace
  def self.append_features(klass)
    super
    klass.class_eval do
      unless method_defined?(:log_info_without_trace)
        alias_method :log_info_without_trace, :sql
        alias_method :sql, :log_info_with_trace
      end
    end
  end
  def log_info_with_trace(event)
    log_info_without_trace(event)
    logger.debug("\e[1m\e[35m\e[1m\e[47mCalled from:\e[0m " + clean_trace(caller[2..-2]).join("\n "))
  end
  def clean_trace(trace)
    Rails.respond_to?(:backtrace_cleaner) ?
      Rails.backtrace_cleaner.clean(trace) :
      trace
  end
end
In /vendor/plugins/query_trace/init.rb
require 'query_trace'
class ::ActiveRecord::LogSubscriber
  include QueryTrace
end