# US cheese surplus not an 'unusually enormous amount'

> Dairy reporter Beth Newhart examines the American Dairy Coalition's call for the government to liquidate a record 1.4 billion pounds of surplus US cheese in cold storage. She says the surplus may be smaller in relative terms than publicized, given 2018 US cheese output of about 13 billion pounds.

- Date: 2019-02-04 · published 2019-02-04T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60758-us-cheese-surplus-not-an-unusually-enormous-amount
- Commodities: [Milk (Class III)](https://feedsoft.ai/c/MILK.md)

## Why it matters

A large cheese stockpile weighs on cheese and Class III prices until it is cleared. Whether the government intervenes or not, the overhang is a bearish factor for milk values.

## Read by commodity

- MILK: bearish ▼

## Sources

- dairyreporter.com: https://www.dairyreporter.com/Article/2019/02/04/US-cheese-surplus-not-an-unusually-enormous-amount/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.