The Ecologist

Corn seller

As the national staple, corn is sold on almost every street in Mexico

More articles about
Related Articles

EFU Film: Food speculation – how betting on food commodities fuels Mexico’s tortilla crisis

Tom Levitt

13th September, 2011

A surge in financial speculation on maize is causing vastly inflated prices for corn tortillas - a sacred staple in Mexico - and threatening the health and livelihoods of the country's poor. Tom Levitt investigates

Lorenzo Canseco Hernandez and his wife Genoveva know little about international markets or food speculation. But they can explain the impact the recent jump in corn prices has had on their life.

In the isolated mountains of Oaxaca, South Mexico, where they live, it is coffee production that fuels the local economy. With coffee prices unpredictable, they rely on stable prices for their national staple corn.

'It has not only doubled but also in fact tripled. Because 2 years ago, corn cost 2 pesos, but now it costs 6 pesos or even 6.50 per kilo. Before, corn tortillas cost 2 or 3 pesos, but now costs 12 pesos per kilo,' says Lorenzo.

To read the full investigation, click here.


Previous Articles...


Using this website means you agree to us using simple cookies.

More information here...




Help us keep the Ecologist platform going

Since 2012, the Ecologist has been owned and published by a small UK-based charity called the Resurgence Trust. We work hard to support the kind of independent journalism and comment that we know Ecologist readers enjoy but we need your help to keep going. We do all this on a very small budget with a very small editorial team and so joining the Trust or making a donation will show us you value our work and support the platform which is currently offered as a free service.

Join The Resurgence TrustDonate to support the Resurgence Trust