• Taco night is going to get more expensive for Americans this summer as corn prices skyrocket

    7 days ago - By Business Insider

    Getty
    Corn tortillas may be difficult to find this summer, as major corn producers struggle to meet demand.
    Labor shortages and poor weather have decreased corn yields for major producers.
    China is leading a surge in demand as it seeks to replenish its swine herd.
    See more stories on Insider's business page .
    Taco shells will be in short supply this summer. Corn tacos will be more difficult to find in grocery stores as demand for corn - a key product in anything from fuel to animal feed, as well as your favorite tacos - paired with supply-chain woes makes the product even more difficult to...
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  • Corn prices have jumped 142% in the past year amid rising demand from China, drought in Brazil

    7 days ago - By Business Insider

    Farmer Dan Roberts inspects his corn crop during the harvest in Minooka, Illinois.
    Jim Young/Reuters
    Corn prices hit an eight-year high after rising more than 140% in the past year.
    Rising demand from China and Latin America coupled with falling supply are behind the surge.
    US exports of corn more than doubled from a year ago through the first three months of 2021.
    Sign up here for our daily newsletter, 10 Things Before the Opening Bell .
    Corn prices have jumped roughly 142% over the past year to $7.56 per bushel, the highest price seen in eight years for the crop. A drought in Brazil and...
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