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Current Event September 13, 2016

A Glut of Cheese is Driving Prices Down

There is a currently a surplus of cheese and dairy products in the United States, and it’s a global phenomenon. Two years ago, dairy farmers expanded production due to the high demand in China and Russia. After a sudden drop in demand, there is a surplus of 1.3 billion pounds of cheese in storage. The U.S. government is helping these dairy farms by buying some of the extra cheese and giving it to food banks. Dairy farmers will get some relief from falling prices and food banks will be able to give more cheese away. Listen to hear more about this huge surplus of cheese.

Agriculture Trade

Story Length: 3:09

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National Public Radio © 2016 National Public Radio, Inc. Used with the permission of NPR. All rights reserved.

AIR DATE: 08/26/2016

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