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[-] TipRing@lemmy.world 5 points 10 months ago

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.

[-] Gargantu8@lemmy.world 1 points 10 months ago

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?

[-] TipRing@lemmy.world 2 points 10 months ago

I tried to figure that out, but the answer proved elusive. Soybeans grown in the US are mostly used as feedstock though (about 70%).

[-] Gargantu8@lemmy.world 1 points 10 months ago

Appreciate the effort! I didn't realize it would be as high as 70%!

this post was submitted on 09 Jan 2024
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