The US government heavily subsidizes dairy. They also subsidize soy, but it’s $20B for dairy and $4B for soybeans. The price of milk is below production costs.
I would imagine it might be due to a combination of low demand and having to continually restock due to FDA standards. Or it could just be taking advantage of people wanting an alternative.
I haven’t seen a $12 late where I’m from, they’re usually about $4-5
Lately where I’m from, things that go on display for $4-5 tend to come with a $12 receipt
Remember to tip the machine that spits out your coffee.
My favorite thing is being charged extra for soy milk despite it being way less resource intensive and having a similar nutritional profile.
The US government heavily subsidizes dairy. They also subsidize soy, but it’s $20B for dairy and $4B for soybeans. The price of milk is below production costs.
Ahh that makes a lot of sense. I also wonder if the soy subsidy directly affects soymilk/human products or if it’s mostly for animal feed?
I tried to figure that out, but the answer proved elusive. Soybeans grown in the US are mostly used as feedstock though (about 70%).
Appreciate the effort! I didn’t realize it would be as high as 70%!
I would imagine it might be due to a combination of low demand and having to continually restock due to FDA standards. Or it could just be taking advantage of people wanting an alternative.
Yeah and I’ll tip a dollar when they clearly know what they’re doing.
The prediction was a bust, because I haven’t walked into any local coffee shops in 2024. I didn’t in 2023 either.
I don’t know what the lattes cost because I don’t buy them. My coffee at home is great every day.