Further more much of the price rise is caused by an acute food shortage. Countries such as the U.S.A. have fat wallets to support ungainly rounded bellies and can hence afford to import most of their food directly from third world countries such as India and Africa. The food crisis has not in the very least deterred the American spirit of gluttony, with America continuing to munch solidly as one of the most obese nations in the world. The problem faced by America is that though they have all the products available on the shelf, these cost a lot more than before. India however faces the double whammy where neither are all products available and those that are available come at higher prices.
In this global food crisis, the demand for food items is growing day in and day out, especially in developing countries like India and China and it is justified - for we were denied our resources for centuries and finally, we have become financially powerful to be entitled to food resources.
With growing food prices, and skyrocketing agricultural prices, the only alternative to vegetarian food is meat, fish, eggs, and so on. This means that prices of the above will also rise rapidly due to large demand against the same supply. In the US, about 25% corn crops are currently used to produce ethanol and will rise to 30% next year, and this further reduces food items which can be eaten.
This shifts the focus to cows, goats, cattle and dairy (milch) animals which will supplement the agricultural demand. Prices of cattle and livestock will shoot up too, consequently pushing milk prices to a high.
From the above, we may infer that Animal husbandry sector wil get some importance and may boom. For long it has always been on the shadows, but I predict that animal husbandry companies will now come to the forefront. Companies related to it, for instance, Amul and Mother Dairy, will reap all benefits. This will be true for Indian fisheries and for poultry farms.
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