Cooperatives Working Together (CWT) has accepted 11 requests for export assistance from Dairy Farmers of America, the Michigan Milk Producers Association, the Northwest Dairy Association (Darigold) and Tillamook County Creamery Association, who have contracts to sell 2.216 million pounds (1,005 metric tons) of Cheddar and Monterey Jack cheese, and 3.948 million pounds (1,791 metric tons) of whole milk powder to customers in Asia, the Middle East and South America. The product has been contracted for delivery in the period from March-September 2016.
So far this year, CWT has assisted member cooperatives with contracts to sell 12.209 million pounds of cheese, 7.716 million pounds of butter and 14.676 million pounds of whole milk powder to 14 countries on five continents. The sales are equivalent to 393.441 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 amount 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.
3.30.2016
