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Monday, December 11, 2017
 CWT Assists with 756,000 Pounds of Cheese Export Sales  

Cooperatives Working Together (CWT) has accepted 7 requests for export assistance from Dairy Farmers of America, Northwest Dairy Association (Darigold) and Tillamook County Creamery Association who have contracts to sell 756,186 pounds (343 metric tons) of Cheddar and Monterey Jack cheese to customers in Asia and Oceania. The product has been contracted for delivery in the period from July through November 2016.


So far this year, CWT has assisted member cooperatives who have contracts to sell 29.826 million pounds of American-type cheeses, 6.949 million pounds of butter (82% milkfat) and 21.978 million pounds of whole milk powder to twenty-one countries on five continents. The sales are the equivalent of 590.087 million 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.


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 Friday, July 22, 2016 (Archive on Friday, July 29, 2016)
Posted by bholcomb@adpi.org  Contributed by bholcomb@adpi.org
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