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Canada’s inflation rate is plummeting, so why are grocery prices still so expensive?
(www.ctvnews.ca)
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Under capitalism we don't produce food for the purpose of feeding people, we produce it to make a profit. If a person can't afford to buy food, we let the person starve and the food rot on the shelf.
Back when I worked in a grocery store one of my regular tasks was processing unsalable product. There is... a lot that gets thrown away. And from what I hear it is much worse in other parts of the world.
I used to work in cold storage distribution for Loblaws. There is even so much more thrown out before it gets to the store, we had a giant bin that would get emptied once our twice a week. Someone eventually organized something to donate discarded produce to the local shelters and the zoo I think so at least it wasn't going to waste, hopefully they are still doing that.
There are some exceptions, but the vast majority of farms in Canada, and around the world, operate under a socialist model – they are owned by the workers.
What you describe isn't a feature of capitalism, it is a feature of human nature. Someone giving up their life to grow food wants something in return. People don't like having to give up their life, so if you have nothing to offer in return, people don't take too kindly to that.