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Nonsense. There is pasture land that is not being used to capacity that would be used if beef prices increased. Go take a drive through rural America and Cana
by pdx 11y ago
Nonsense. There is pasture land that is not being used to capacity that would be used if beef prices increased. Go take a drive through rural America and Canada.
You and Malthus like to extrapolate, but extrapolation is rarely a smart idea, unless you're trying to scare people.
Just like there will never be a day when we go from having oil to not having oil, the same will occur with meat. As the demand for a commodity outpaces supply, the price will rise. Some people will find ways to use less of the commodity, some people will find ways to replace the commodity, and some people will find ways to increase the supply of the commodity, now that the higher price allows more expensive methods to be profitably used.