USDA to Purchase Surplus Cheese for Food Banks and Families in Need, Continue to Assist Dairy Producers

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USDA to Purchase Surplus Cheese for Food Banks and Families in Need, Continue to Assist Dairy Producers
08/23/2016 04:00 PM EDT

WASHINGTON, Aug. 23, 2016 – The U.S. Department of Agriculture (USDA) today announced plans to purchase approximately 11 million pounds of cheese from private inventories to assist food banks and pantries across the nation, while reducing a cheese surplus that is at its highest level in 30 years. The purchase, valued at $20 million, will be provided to families in need across the country through USDA nutrition assistance programs, while assisting the stalled marketplace for dairy producers whose revenues have dropped 35 percent over the past two years.