The USDA is spending $20M on cheese
Americans eat around 36 pounds of cheese a year and it's not enough to reduce a cheese surplus.
Dairy farmers needs help, food banks have a demand, so the United States Department of Agriculture plans to help both by buying $20 million worth of cheese.
What does $20 million worth of cheese look like?
Imagine a fully-loaded Ford F-150 truck as a block of cheese. Now, imagine more than 1,800 of them. That's what the USDA is buying. Eleven million pounds of cheese.
The USDA announced the plan Tuesday, saying the purchase will help food banks, food pantries and dairy farmers, who've seen revenues drop 35% in the last two years.
"This commodity purchase is part of a robust, comprehensive safety net that will help reduce a cheese surplus that is at a 30-year high while, at the same time, moving a high-protein food to the tables of those most in need," said Agriculture Secretary Tom Vilsack.
America simply has too much cheese right now.
The excess is due to low prices worldwide, an oversupply of milk, a shift in consumption and more European exports, reports CNN Money.
In May, The Wall Street Journal reported that every single American would need to eat an additional three pounds of cheese this year to eliminate the excess.
The USDA's purchase will eat away at that value. The department said it acted at the request of the National Farmer's Union, the American Farm Bureau, the National Milk Producers Federation and Congress.