Commodity markets have experienced considerable price increases over the past 12-18 months, and food prices are no exception. Even spices have been affected: the price of raw nutmeg has tripled; the price of pepper has more than doubled. Extreme weather conditions are partly to blame, but there’s a lot more to it. Chief among the reasons are demographic shifts in other countries, primarily the growing middle class in places like China & India. This month we explore the Chinese meat industry, to get a look at what’s changing in this important part of the world.
