Monday, October 15, 2018
 CWT Assists with 794,000 Pounds of Cheese and Butter Export Sales  

Cooperatives Working Together (CWT) has accepted 5 requests for export assistance from member cooperatives who have contracts to sell 242,509 pounds (110 metric tons) of Cheddar, Gouda and Monterey Jack cheese, and 551,156 pounds (250 metric tons) of butter to customers in Asia, and the Middle East. The product has been contracted for delivery in the period from August through December 2015.

Year-to-date, CWT has assisted member cooperatives who have contracts to sell 45.137 million pounds of cheese, 28.063 million pounds of butter and 33.409 million pounds of whole milk powder to thirty-three countries on five continents. The amounts of cheese, butter and whole milk powder in these sales contracts represent the equivalent of 1.292 billion pounds of milk on a milkfat basis. Numbers are adjusted for cancellations.

The amounts of dairy products and related milk volumes reflect current contracts for delivery, not completed export volumes. CWT will pay export assistance to the bidders only when export and delivery of the product is verified by the submission of the required documentation.

The Cooperatives Working Together (CWT) Export Assistance program is funded by voluntary contributions from dairy cooperatives and individual dairy farmers. The money raised by their investment is being used to strengthen and stabilize the dairy farmers’ milk prices and margins.


Source: Cooperatives Working Together (CWT) 

Posted on Thursday, August 20, 2015 (Archive on Thursday, August 27, 2015)
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