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1 month ago“supply and demand” is a theory about price discovery. it is not an explanation for the existence of a market.
“supply and demand” is a theory about price discovery. it is not an explanation for the existence of a market.
but we DO make tofu and tvp. and they have higher profits per pound than animal feed. but we produce far too much soybean oil for the amount of byproduct people want to consume. giving it to livestock makes sense
The soy that’s fed to pigs is almost entirely the byproduct of pressing soy for soybean oil. about 85% of the soybean crop is pressed for oil. if we didn’t feed the byproduct to livestock, it would just be industrial waste.
has that ever worked?