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In recent decades, soy has emerged as one of the world's most significant food-related commodities and is strongly linked to deforestation and habitat loss, especially in Latin America. However, only a very small proportion of soy is consumed directly as food by humans with the rest crushed to produce animal feed, oils, biofuel and other industrial products. We argue that the peculiar (but not necessarily unique) structural and institutional characteristics of the soy supply chain raisesdoi:10.1111/1758-5899.12611 fatcat:dfcpedp3rradfivuvuphjft5rm