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