Do you think the price will go down when China starts buying corn and soybeans for real and the subsidies are naturally phased out?
Keep dreaming, once the farmer begins to enjoy more of the real value of his production people like you will complain they make to much money for the work and investment.
I have traveled on 4 continents, and food is cheaper here in good ole USA than all civilized countries I have visited. And so long as Obesity is a huge problem, I have to laugh at “high food prices” here.