Surplus of cheese in America takes on gargantuan proportions - and industry calls for government bail out
With milk prices in the USA dropping due in part to a fall in demand from Chinese middle class customers, large stockpiles of cheese now lie waiting.
Over 1.2 billion pounds of cheese in cold storage was overproduced when dairy production began to exceed demand and farmers did not know where to sell it. In response, federal foodbanks have bought up some of the surplus cheese in a bid to help dairy farmers, although the industry wants more. Yet, environmentalists and economists have criticised the financial support, arguing that in fact the government is responsible for overproduction of milk.
Read more on this story on Vox here.
North America is the northern subcontinent of the Americas covering about 16.5% of the Earth's land area. This large continent has a range of climates spanning Greenland’s permanent ice sheet and the dry deserts of Arizona. Both Canada and the USA are major food producers and some of the largest food exporters in the world. Industrial farms are the norm in North America, with high yields relative to other regions and only 2% of the population involved in agriculture.