Friday, November 16, 2018
 CWT Assists with 721,000 Pounds of Cheese and Whole Milk Powder Export Sales  

Cooperatives Working Together (CWT) has accepted 6 requests for export assistance from member cooperatives who have contracts to sell 456,357 pounds (201 metric tons) of Cheddar and Monterey Jack cheeses and 264,555 pounds (120 metric tons) of whole milk powder to customers in Asia, the Middle East and Central America. The product has been contracted for delivery in the period from September 2015 through March 2016.

Year-to-date, CWT has assisted member cooperatives who have contracts to sell 44.588 million pounds of cheese, 19.376 million pounds of butter and 34.097 million pounds of whole milk powder to thirty-four countries on five continents. The amounts of cheese, butter and whole milk powder in these sales contracts represent the equivalent of 1.096 billion pounds of milk on a milkfat basis.

Assisting CWT members through the Export Assistance program, in the long-term, helps member cooperatives gain and maintain market share, thus expanding the demand for U.S. dairy products and the U.S. farm milk that produces them. This, in turn, positively impacts all U.S. dairy farmers by strengthening and maintaining the value of dairy products that directly impact their milk price.

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.


Source: Cooperatives Working Together (CWT) 

Posted on Thursday, September 24, 2015 (Archive on Thursday, October 01, 2015)
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