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back to article Bio-fuels trigger tortilla price bubble

Demand for eco-friendly bio-fuels in the US is being blamed for a massive rise in the price of corn in Mexico. The recent 400 per cent increase in the price of a tortilla has driven thousands of Mexico's poorest people onto the streets in protest. The country has been entitled to cheap corn imports from the US for some time, …

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  1. Anonymous Coward
    Anonymous Coward

    Bull

    This is pure bull. Most corn grown in the US and used for Biofuels and feed is yellow corn. Mexicans use white corn for their tortillas. This is simply a matter of local speculators driving up the price of corn in Mexico and trying to shift the blame elsewhere.

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