Published: Fri, August 26, 2016
Economy | By Melissa Porter

The US government says it's buying 11 million pounds of cheese

The US government says it's buying 11 million pounds of cheese

And now, the USA government is going to buy them.

The government is buying $20 million of. cheese. The purchase will not only help to feed those in need, but will also reduce two things: the country's cheese surplus, which is at a 30-year high, and deficits of dairy producers, whose revenues are down 35 percent.

Apparently Americans just don't eat enough cheese - there's a surplus of 11 million pounds.

According to Quartz, the us had 759 million pounds of extra cheese in cold storage in June.

"It's a small drop in a big bucket", said Dean Norton, president of the New York Farm Bureau, one of several states where dairy farmers are hurting from milk prices that have fallen by 40 percent in the past two years. The food is then distributed to food banks, schools, global aid and prisons.

Here at Farm Bureau we supported those members of Congress by writing a letter asking USDA to use its authority for some food purchasing programs.

"The decline in dairy farm revenue has led many dairy farm families to exit the industry". That'll help American dairy farmers to make ends meet and clear out some of the excess cheese in storage.

Dairy markets are starting to turn around, he said, as demand for dairy products has increased by 13% so far this year.

The U.S. Department of Agriculture has announced plans to purchase millions of pounds of surplus cheese to aid both hungry families and dairy producers.

USDA will continue to monitor market conditions in the coming months and evaluate the need for any additional action in the autumn.

Hopefully the efforts will take a bit of the edge off of the strain dairy farmers are feeling due to excessively low prices and high volumes of cheese.

As a co-chair of the bipartisan Congressional Dairy Caucus, Congressman Courtney has been looking for assurance that federal dairy programs address the growing challenges faced by dairy farmers in CT and across the country.

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