USDA Buying Egg Surplus

September 1, 2016 12:17 PM
 
 

First the government bought a surplus of cheese from dairy farmers, now eggs are next.

The U.S. Department of Agriculture made the announcement it will buy $11.7 million worth of shell eggs and egg product to ease a surplus as farmers and egg processors try to cope with falling prices.

According to the USDA, the products will go to various food nutritional assistance programs and charitable institutions.

In August, the USDA announced it would purchase $20 million worth of cheese to relieve pressure on the dairy industry.

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Spell Check

bob
saltillo, TX
9/13/2016 10:08 AM
 

  You know I grow crops and dairy for a living. I have found that the best crop farmers are the ones that know how to get the most federal pay outs and they are some of the easiest to get hell every time I turn around the usda is direct depositing my in my bank acct.Now when I comes to my dairy which is 24 hours 365 days a year no matter what we are crazy. We are the only federaly regulated industry when comes to the government determining what we get paid out. Top that off the only government assistance we get we have to buy every year and maybe we get paid out once every 10 years. The reason they bought the cheese because they screwed up on pricing our milk that is the only way they can fix it. So in conclusion I have seen both sides of the story. Oh by the way the grain industry is the only on were the farmers demand a basis for their product. I know that becuase I am holding on to my corn for now

 
 
Steve
SPOONER, WI
9/3/2016 06:58 AM
 

  the problem with ag commodity markets ,the metteling of the government. weather we like it or not ,markets have to sort them self out.by supplementing or propping up markets there is no true supply and demand

 
 
Jack
Mitchell, SD
9/2/2016 11:09 AM
 

  I agree with Clydeene from TX, what about us grain farmers......and swine producers, etc. USDA and other Gov't better find a BIG checkbook to help out Ag.........oh, I forgot, the Gov't only help out those who do not even try to fend for themselves.......God help all of American Ag, and those of us that believe in doing a day's work for at least half-a-day pay, if we get four or more years of this Obama type welfare......God save America!!

 
 

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