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Just How Big Is America’s ‘Strategic Cheese Reserve’?

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Just How Big Is America’s ‘Strategic Cheese Reserve’?

As of August 2022, the U.S. had 1.5 billion pounds of cheese in cold storage across the country. That’s around $3.4 billion worth of cheese.

Using data from USDA, this graphic looks at just how big the U.S. cheese stockpile has gotten over the last few years, and compares it to notable landmarks to help put things into perspective.

But before diving into the data, Visual Capitalist’s Omri Wallach and Carmen Ang take a step back to quickly explain why America’s cheese stockpile has gotten so big in the first place.

Why So Much Cheese?

Over the last 30 years, milk production in the U.S. has increased by 50%.

Yet, while milk production has climbed, milk consumption has declined. In 2004, Americans consumed the equivalent of about 0.57 cups of milk per day. By 2018, average milk consumption had dropped to 0.33 cup-equivalents.

In response to this predicament, the U.S. government and dairy companies have been purchasing the extra milk and storing it as cheese for years.

So, where does one store such a large amount of cheese? A sizable portion of the stockpile is stored in a massive underground warehouse (a former limestone quarry) outside of Springfield, Missouri.

The Stockpile Keeps Growing

Apart from a small dip in 2021 during the global pandemic, America’s stockpile of cheese has increased steadily over the last five years:

 

Between April 2018 and April 2022, U.S. cheese holdings increased by 130 million pounds to reach 1.48 billion pounds. After climbing up to 1.52 billion pounds in July, the stockpile settled once again at 1.48 billion pounds at the end of August 2022.

Now, the U.S. cheese stockpile weighs more than the Eiffel Tower, Statue of Liberty, Tower of Pisa, and the Great Sphinx of Giza—combined.

Is the Cheese Stockpile Here to Stay?

Attempts have been made to get rid of the cheese stockpile. Over the years, the government has established federal food welfare programs and encouraged milk consumption in schools throughout the country.

Yet, despite their best efforts to decrease the surplus, America’s cheese stockpile continues to grow.

As domestic consumers continue to decrease their milk consumption, and switch out their dairy milk for milk alternatives like almond or oat milk, how much bigger will this cheese stockpile get before the government comes up with an alternative solution to deal with its surplus of dairy?

Tyler Durden
Tue, 10/25/2022 – 23:05

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