Costs are not the reason for higher food prices; it’s demand. They charge more because you have no option. The average person has no way or ability to grow food and not much aptitude for cooking. That’s a recipe for higher food prices.
Cost is a function of supply and demand. GMO crops yield more, so there would be a larger supply, thus driving down cost if demand remains the same. This is totally pedantic though because you’re still right:
Costs are not the reason for higher food prices; it’s demand. They charge more because you have no option. The average person has no way or ability to grow food and not much aptitude for cooking. That’s a recipe for higher food prices.
Cost is a function of supply and demand. GMO crops yield more, so there would be a larger supply, thus driving down cost if demand remains the same. This is totally pedantic though because you’re still right:
I took capitalist greed as a given… my bad.