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El Salvador: Price of Corn Triples in a Little Over a Year

Categories: Latin America, El Salvador, Economics & Business, Environment, Food

El Salvador From the Inside [1] reports on the rising cost of corn, an important and basic staple for Salvadorans: “June 2011 newspapers report a quintal [100 lb bag of corn] costs up to $40 [2] , due to last year’s bad harvest and growing season starting late this year. Maize had already doubled from the April 2010 price [3] of $13.50 to $26 in April 2011. So, maize has TRIPLED in price in one year and 3 months.