A Surplus Of Meat And Dairy Puts A Strain On U.S. Markets And Storage

Meat and dairy are piling up across the U.S. It has cold storage places packed to the rafters, and the federal government, which subsidizes the agriculture industry, looking for ways to alleviate the problem, at least in the short-term. A combination of factors have led to this: increased production, flat demand despite near-record consumption of milk and cheese and trade issues. And in the long run, it’s unclear whether market forces will get production in line with demand.