America is awash in guns, debt — and cheese.
The nation’s cheese backlog is so bad that every man, woman and child would need to eat an extra three pounds of cheese this year to work through it, WSJ.com reports.
Blame the strong dollar, slumping global demand and expanded dairy production for the crisis. Despite the collapse in prices, America’s dairy farmers are expected to produce a record amount of milk this year — much of it being sold to cheesemakers.
Americans eat an average of 36 pounds of cheese a year, but that’s not enough to save our cows with block cheddar prices hitting a six-year low of $1.27 a pound last week, according to the report.
Cheese isn’t the only problem. America also has excess supplies of beef, poultry, pork, corn and wheat, but the amount of cheese being stockpiled is hard to stomach.
Commercial cold-storage freezers held a record-breaking 1.19 billion pounds of cheese at the end of March, WSJ.com reported.
So while it’s tough times for dairy farmers, consumers should go ahead and order that pizza with extra cheese.