Countries like Brazil will become even bigger agri superpowers and finish converting all of the Amazon into a giant pasture for beef.
Countries like Brazil will become even bigger agri superpowers and finish converting all of the Amazon into a giant pasture for beef.
I do not believe that it's going to be so simple like that, since the government has social and environment pressures as well. And being completely pragmatic, the issue with the pastures is more structural due to the Military Regime from 70s [1] in a failed strategy than to some availability of land to do it [2].
[1] - https://g1.globo.com/economia/agronegocios/noticia/2020/10/2...
[2] - https://mamiraua.org.br/noticias/gado-amazonia-criacao-pecua...
I think the closest thing to that chicken is organic free range, which cost $5.79 a pound a few years ago in the US at Trader Joes.
So the 3x multiple is in line with what you're suggesting if we assume Swiss customs union area chicken cost reflects reality.