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Although silver mining brought many Spaniards to Mexico and silver was the largest single export from New Spain, agriculture was extremely important.There were far more people working in agriculture, not only producing subsistence crops for individual households and small-scale producers for local markets, but also commercial agriculture on large estates to supply Spanish cities.
President Calderón opted for using price ceilings for tortillas that protect local producers of corn. This price control came in the form of a "Tortilla Price Stabilization Pact" between the government and many of the main tortilla producing companies, including Grupo Maseca and Bimbo, to put a price ceiling at MXN 8.50 per kilogram of tortilla. [6]
On Feb. 1, President Donald Trump signed an executive order that could impose steep new tariffs — 25% on imports from Canada and Mexico, as well as 10% on goods from China — citing the need to ...
That seasonal price impact could add another 30 cents per gallon, putting the total increase in gasoline prices at $1 per gallon if the tariffs remain in place at the onset of spring, Fitzgerald said.
Two major price volatility crises in the early 21st century, during the 2007–2008 world food price crisis and 2022 food crises, have had major negative effects on grain prices globally. Climate change is expected to create major agricultural failures , that will continue to create volatile food price markets especially for bulk goods like grains.
Union Pacific Corp said on Wednesday that Ferromex (FXE), the Mexican railroad it interchanges with, has resumed issuing permits for grain shuttle trains at the U.S.-Mexico border crossing at ...
The lysine price-fixing conspiracy was an organized effort during the mid-1990s to raise the price of the animal feed additive lysine. It involved five companies that had commercialized high-tech fermentation technologies, including Archer Daniels Midland (ADM), Ajinomoto , Kyowa Hakko Kogyo , Sewon America Inc. and Cheil Jedang Ltd .
The economy of Mexico is a developing mixed-market economy. [21] It is the 13th largest in the world in nominal GDP terms and by purchasing power parity as of 2024. [4] Since the 1994 crisis, administrations have improved the country's macroeconomic fundamentals.