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Heh, if all the grain and food that earth produces was properly distributed there would be no hunger. There are news stories of hundreds of pounds of food sitting in storage containers rotting because it would be unprofitable to ship.
Plus in 1996 (so old stat) the US food industry wasted over 6 million tons of food that enough to feed ever single person on the planet two meals each day for that year. (Its probably worst now.) Just to get an idea on that go watch either the first or second season of dirty jobs on the discovery channel. The one where they feed pigs the wasted food from some hotels in Las Vagas. They ship it in giant dump trucks.