Feds to cut the cheese surplus

Published August 23, 2016 9:22pm ET



The federal government is planning to buy $20 million worth of cheese to cut a nationwide surplus.

The United States Department of Agriculture announced Tuesday that the approximately 11 million pounds of cheese will be taken off the market after the dairy industry experienced a nearly 35 percent decrease in revenues over the past two years. The cheese will be donated to food banks across the country.

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