Rising global costs threaten Mexico’s production costs and food stability

Monterrey, Mexico – At the Mercado de Abastos, a wholesale food market in Nuevo Leon, Mexico, staples like tomatoes, potatoes, beef, and chillies have seen steep price hikes in the last few weeks, forcing customers to change their shopping habits and tighten budgets, while vendors cut profit margins or risk losing customers. “You have to buy them anyway; they’re things you use daily,” said Cesar Ramirez, a 66-year-old retiree at the market. …