30 Sep '11, 11am

More Mexicans struggle to afford tortillas as food speculation causes corn & other commodity crop prices to rise:

More Mexicans struggle to afford tortillas as food speculation causes corn & other commodity crop prices to rise:

For Mexicans, maize is not only the key ingredient of their daily staple, corn tortillas; it forms an integral part of their cultural identity -- according to legend, the Mayan gods created people out of maize, and it was the cultivation of this crop that propelled the rise of Mayan civilization. But soaring corn prices are making it harder for many Mexicans, especially in poor, rural communities, to afford this basic necessity. And experts say the increase in food speculation has something -- if not everything -- to do with it. Writes Tom Levitt for the Ecologist : In the short-term at least, the impact of this new volume of speculation is far greater price rises in maize than poor families would otherwise have had to suffer -- giving them little time to adapt. In the case of maize, international trading prices have not only trebled in the past decade but also risen in tw...

Full article: http://www.grist.org/food/2011-09-29-lost-in-the-maize-video

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