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.
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.