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The US government is buying 11 million pounds of idle cheese

From qz.com

The US government is about to buy a hell of a lot of cheese. The decision by the US Department of Agriculture this week to purchase $20 million of the product is a move designed to prop up the country’s dairy producers, who are struggling with low milk prices and a sluggish export market, both of which have chipped away at their earnings. Over the last two years, dairy farmers have seen revenue drop by 35%, according to the USDA. The agency says it plans to dole out about 11 million pounds of the cheese it purchases to food banks and federal nutrition programs, which will raise prices and, in turn, boost farm ... (full story)

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