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.
I haven’t seen a $12 late where I’m from, they’re usually about $4-5
Lately where I’m from, things that go on display for $4-5 tend to come with a $12 receipt
Remember to tip the machine that spits out your coffee.
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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.
The prediction was a bust, because I haven’t walked into any local coffee shops in 2024. I didn’t in 2023 either.
I don’t know what the lattes cost because I don’t buy them. My coffee at home is great every day.