Galoi: US is poor agtech market due to USDA subsidies
Amado Guloy · I’ve Looked Death in the Eye · Mar 3, 2025 · at 11:54
Rex Animal Health founder Amato Galoi explains to investors why he is pivoting his livestock data startup's focus from the US to the APAC region.
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“One of the things we've realized over the past two years is the United States is not a fertile market for agriculture tech. And that's primarily because the USDA gives so many subsidies that it's still cheaper for a farmer to cull their animals because they're going to be insured.”
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