According to a new report released by the USDA, America is awash in a 1.39 billion-pound surplus of cheese. The Washington Post reports that the tally represents a six percent increase over this time last year and a 16 percent increase since an earlier surplus prompted a federal cheese buy-up in 2016. Analysts have determined that the commercial warehouse stocks have swelled because processors have too much milk on their hands, and milk is more easily stored as cheese. Demand has also fallen as school cafeterias close for the summer holiday. The surplus is good news for cheese lovers, who are likely to find some of their favorite varieties at lower prices.
Source: Washington Post