Then why is food inflation not taking off across Asia? Instead food prices are moderating even in India.
Here is the real proof, the Agriculture ETFs, like DBA are sideways and underperforming other commodities and most other asset classes.
That's because 90% of the food consumed in America is corporate produced, MBA refined, highly processed poison. With nice packaging. We have it down to a science.
Like Lockheed said, chicken breasts are cheap. I'm sure india could care less about a few growth hormones here and there in their stew.