May 28, 2016 by Chris
Lane’s OpEd is on point. How exactly does one end up with a 1.19 billion pound cheese reserve? Government meddling, usually. Elites in far off capitals – from Washington D.C. to Moscow – have created pronounced market inefficiencies through their ill-advised decision making.
At a minimum, it’s a reminder that cheese and dairy are not your run-of-the-mill products. The industry is heavily regulated and, all things considered, disproportionately subject to politicking.