this post was submitted on 09 Jan 2024
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This tweet was from 2022. Can someone go check if the prediction came true? (startrek.website)
submitted 11 months ago by [email protected] to c/[email protected]
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[–] [email protected] 5 points 11 months ago (1 children)

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.

[–] [email protected] 1 points 11 months ago (1 children)

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?

[–] [email protected] 2 points 11 months ago (1 children)

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

[–] [email protected] 1 points 11 months ago

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