Major food exporters are counting on growth in middle class incomes in developing countries for increased future demand. However, a recent analysis suggests that manufacturing will be less the source for income growth than previously thought. Lower Future Food Demand Analysis (NBER Working Paper No. 20935) by Princeton University economist Dani Rodrik concludes that deindustrialization is occurring earlier and at lower income levels in developing countries than it did for advanced economies. His conclusion has huge implications for future food demand. Rodrik explains that manufacturing expands until the cost of labor becomes too high. However, this peak is now occurring earlier because competition via automation and globalization is causi...