Saturday, January 13, 2007
Mexico, January 13, 2007
 Anti-narcotics operations may be connected with the kidnapping and extortion of about a million dollars from petroleum trade unionists, including the Secretary General of Section 42 of the Oilworkers union (STPRM) Luis Gerardo Pérez Sánchez. Something like 900-1500 troops arrived in Culiacan, Sinaloa for "routine" movements. The Secretary of Security in Guanajuato said there had been "very pwoerful" anti-narcotics operations in Colima, Guanajuato, Jalisco, Nayarit, Aguascalientes and Querétaro.
Anti-narcotics operations may be connected with the kidnapping and extortion of about a million dollars from petroleum trade unionists, including the Secretary General of Section 42 of the Oilworkers union (STPRM) Luis Gerardo Pérez Sánchez. Something like 900-1500 troops arrived in Culiacan, Sinaloa for "routine" movements. The Secretary of Security in Guanajuato said there had been "very pwoerful" anti-narcotics operations in Colima, Guanajuato, Jalisco, Nayarit, Aguascalientes and Querétaro.The harvest actually wasn't that bad, considering the drought conditions prevailing over much of the US. And corn farmers had been overproducing for decades to try to use volume to counter high production costs. The recent ethanol boom is temporarily tightening supplies, but once farmers switch more acreage out of soybean production (of which we have too much anyway) that won't be an issue. (Still, corn ethanol isn't a long-term energy solution, but switchgrass just might be.)
It's a total flustercuck.
That's exactly it. The price increase of US corn is only just now starting to make itself felt to US livestock producers; it hasn't had time to impact the Mexican market yet. Somebody is doing some price gouging on the Mexican side of the border.
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