Cooperatives Working Together (CWT) has accepted 4 requests for export assistance from Dairy Farmers of America, and Northwest Dairy Association (Darigold) who have contracts to sell 1.116 million pounds (506 metric tons) of Cheddar cheese, and 44,092 pounds (20 metric tons) of whole milk powder to customers in Asia, and South America. The product has been contracted for delivery in the period from July through December 2015.Year-to-date, CWT has assisted member cooperatives who have contracts to sell 41.891 million pounds of cheese, 30.395 million pounds of butter and 30.080 million pounds of whole milk powder to thirty one countries on five continents. The amounts of cheese, butter and whole milk powder in these sales contracts represent the equivalent of 1.290 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 submissionof the required documentation.
7.21.2015