Cooperatives Working Together (CWT) has accepted nine requests for export assistance from Dairy Farmers of America, Northwest Dairy Association (Darigold), Niagara-O-AT-KA, and Tillamook County Creamery Association who have contracts to sell 2.155 million pounds (977 metric tons) of Cheddar, Gouda and Monterey Jack cheese, 176,370 pounds of butter (80 metric tons), and 176,370 pounds (80 metric tons) of whole milk powder to customers in Asia, the Middle East and Oceania. The product has been contracted for delivery in the period from December 2015 through June 2016.Year-to-date, CWT has assisted member cooperatives who have contracts to sell 50.500 million pounds of cheese, 25.086 million pounds of butter and 40.194 million pounds of whole milk powder to thirty-five countries on six continents. The amounts of cheese, butter and whole milk powder in these sales contracts represent the equivalent of 1.324 billion pounds of milk on a milkfat basis. The totals have been adjusted due to cancellations.
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.
12.09.2015