Actually there is no evidence of this, a good proportion of of the food produced is actually used to feed animals which is the most inefficient way to produce food.
Just by eating less meat (which makes sense because we are not supposed to eat so much meat), suddenly we don't need to product so much. The actual price of the food is so low currently that what you pay in a supermarket is mostly the externalities. Switching to cleaner methods would not lead to starvation providing that we would eat differently.
Most americans would happily choose cancer over vegetarianism. That part isn't Monsanto's fault. Source: I am a vegetarian who talks to omnivores and near-carnivores.
Yeah, that's the main problem I guess, the system is providing people what they want but not what they need. It works like any other market, the consumers want cheap meat so the industry is providing cheap meat. The whole industry is then shaped to solve the wrong problem. They don't even need to fully switch to vegetarianism for it to work but they need to understand that eating meat once in a while is healthier and more reasonable than having a diet based on eating meat every day.
Just by eating less meat (which makes sense because we are not supposed to eat so much meat), suddenly we don't need to product so much. The actual price of the food is so low currently that what you pay in a supermarket is mostly the externalities. Switching to cleaner methods would not lead to starvation providing that we would eat differently.