4 ms·

Aren't a lot of the soy beans used for animal (pig) feed?

• 9nGQluzmnq3M 7y ago
  In the US, yes, but China uses a lot of soybeans directly as food (tofu, soymilk, countless fermented bean pastes and sauces). Can't find any stats though.
  • sibane 7y ago
    I seem to recall China aiming to be self-sufficient when it comes to soybeans meant for human consumption. Imports from countries such as Brazil are mainly used as animal feed and source of oil. I wouldn't be surprised if this disruption was also seen in the Amazon.
  • mkohlmyr 7y ago
    I guess the parents point might be that the price of soy bean then wouldn't have been a good bet, because any benefits from the shortage of animal proteins would surely have been un-done by the fact much less feed would have been purchased (for obvious reasons)? Demand may not really have risen.
    • greglindahl 7y ago
      My point was that market research that leaves off popular human protein sources is probably a bad idea. I don't have a prediction if that will make total soybean consumption go up or down in this scenario. Substitution effects can be extremely difficult to predict.