According to the US Department of Agriculture, there is currently 1.39 billion pounds of cheese in storage in the country - a surplus which is the result of dwindling dairy demand.
A sudden drop in demand for milk means much of it is being made into cheese - which can be stored and remains profitable for a longer period.
Because of the over-production of cheese, prices have dropped.
With the industry floundering, cheese makers are dissuading Trump from putting an international tariff on the product, which is sold in abundance in Mexico.
Meanwhile, the dairy alternative market is forecasted to hit $24 billion USD within the next eight years - presenting a dismal forecast for the cheese industry should this pattern continue.
In light of the changes, a report by Rabobank advises that those in the dairy industry consider an alternative route.
The report's Senior Analyst in Dairy Tom Bailey said: "While it's not essential to diversify into dairy alternatives, it would be wise for the dairy industry to at least learn one thing from the success of dairy alternatives, which may be putting the consumer first and trading in the old grass-to-glass model for glass-to-grass."
Disclaimer: The opinions expressed in this article are prepared in the author's capacity and do not necessarily reflect the views and opinions of Plant Based News itself.Reuse this content
Emily Court is a passionate ethical vegan from Eastern Canada. She is a Challenge 22 Mentor, Digital Writer, and experienced animal advocate driven by issues of animal liberation and social justice. She studied at Dalhousie University, where her thesis highlighted intercultural and gender relations. She is an established public speaker, writer, and world traveller with a drive to provide a voice to those who might not otherwise have one. You can follow her on Instagram @emily.j.court or on Twitter @_EmilyJCourt_.
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