Good article Sumisu. A key statement: "in the 12 months to this June, food prices were up 5.5%, during a recession, when the key cost in the agriculture sector — energy — was falling."
What happens if/when oil continues up? The current rise hasn't even been reflected in food prices yet. Unless the world goes vegitarian next year (right), it could get nasty!
More likely, the new Asian meat rage will back off a little to give us another year or two. That is, of course, barring any radical weather or political developments.
Sad thing is that it is only a matter of time. In spite of investing opportunities for those aware, it is going to make a much uglier world!
