Are we Short of Water and Food?

Are we Short of Water and Food?:

http://www.youtube.com/watch?v=U6LTevuY77o

This short video shows clearly the relationship btw meat industry and world hunger / world water shortage. The world is using most of it water and food resource to feed the animals.
Is it logical to feed 740 million tons of food to the animals [enough food to feed 2 billion people] while leaving 900 million starving people in the world? Nope!
We have to use our resources more wisely. Take care of all the humans first!