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Weekly grains and oilseeds market summary

As we do every Friday, we get an update on the grains and oilseeds markets. Joining us on the line is Errol Anderson of ProMarket Communications in Calgary.

Interview with Errol Anderson (3:11 minutes) (1.45 Mb)

 
 
Source : Alberta Ag and Forestry

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Why Huitlacoche (Corn Smut) is So Expensive | So Expensive

Video: Why Huitlacoche (Corn Smut) is So Expensive | So Expensive

Huitlacoche, also known as the "Mexican truffle," is an edible fungus that forms on undeveloped corn ears and sells for as much as $40 a pound. Discovered by the Aztecs, the bulbous fungus has been consumed in Mexico for centuries and has recently become an increasingly popular specialty ingredient around the world.

However, the US has dedicated significant time and money to keeping its cornfields free of what they call "corn smut" and "the devil's corn." Huitlacoche forms naturally during the rainy season, but farmers can also inject the fungus into their cornfields to harvest the valuable "black gold". So why has Huitlacoche become so popular and what exactly makes it so expensive?