From growing rice on Mars to developing new farming techniques here on Earth, the future of food is rapidly evolving. The global food system—spanning farms, factories, grocery stores and more—is a complex network that has far-reaching economic implications. It is also inefficient and increasingly unfit for purpose, encouraging innovation across the value chain that will give rise to attractive investment opportunities. In the newest episode of PGIM’s The OUTThinking Investor, we take a deep dive into the world of food and its portfolio implications—whether seeking opportunities or mitigating hidden risks. Three experts provide unique perspectives on technological efforts to make food production more sustainable and efficient, the impact of inflation and recent shocks to the food system, China’s role in the supply chain, and how a growing population is driving demand. Joining us are agricultural and development economist Chris Barrett from Cornell University, Council on Foreign Relations fellow Zoe Zongyuan Liu, and PGIM Head of Thematic Research Shehriyar Antia. For more on this topic, explore PGIM’s Megatrends research, Food for Thought, at www.pgim.com/food.