EconWatch.com > Felix Salmon on Argentina and Agricultural Commodity Prices

[Brad DeLong's Semi-Daily Journal] If the wheat price is good news for Argentina, the corn price is bad news for Mexico, where the beleaguered central bank is desperately trying to keep a lid on inflation despite a country where everybody seems to live on tortillas and salsa -- or, to put it in commodity terms, corn and tomatoes, both of which are surging in price.

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http://www.rgemonitor.com [Rgemonitor.com] RGE - Argentina catches another lucky break: Meanwhile, corn has followed wheat up, rising 30% in the past month, although it has been at these prices as recently as 2004. If the wheat price is good news for Argentina, the corn price is bad news for Mexico, where the beleaguered central bank is desperately trying to keep a lid on inflation despite a country where everybody seems to live on tortillas and salsa –

[J-bradford-delong.net] Brad DeLong's Semi-Daily Journal: Felix Salmon on Argentina and Agricultural Commodity Prices .and in the benefits of trade, specialization, and the international division of labor.

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