Cheese surplus at a 30-year high

News
Cheese_20150728041713-159532

United States cheese surplus is at a 30-year high due to factors like higher milk production, more European exports and a sluggish demand.

Dairy farmers have seen revenues drop by 35% in the last two years.

The government announced it’s going to step in and buy $20-million worth of excess cheese from private inventories. It then plans to give the cheese to food banks and pantries across the country.

Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories

February 07 2021 06:30 pm

Don't Miss