Blech. No, I can't say I'd consider soy more than a partial substitute for dairy. :) I drink it in my mochas because I'm lactose-intolerant, but noplace else do the rest of the ingredients adequately mask the taste.
But adequate substitutes would make the demand elasticity of dairy greater than that of food overall, not less. Which means that -0.095 has to be the result of significant market manipulation, as you point out.
Yeah, I plan to spend some more time poking around the DEFRA site--it's crazy what my brain decides is shiny at any particular moment.
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Date: 2007-08-13 03:38 pm (UTC)But adequate substitutes would make the demand elasticity of dairy greater than that of food overall, not less. Which means that -0.095 has to be the result of significant market manipulation, as you point out.
Yeah, I plan to spend some more time poking around the DEFRA site--it's crazy what my brain decides is shiny at any particular moment.