Cooperatives Working Together (CWT) has accepted 5 requests for export assistance from Northwest Dairy Association (Darigold) and Michigan Milk Producers Association who have contracts to sell 659,182 pounds (299 metric tons) of Cheddar cheese, 104,720 pounds (48 metric tons) of butter and 132,277 pounds (60 metric tons) to customers in Asia and South America. The product has been contracted for delivery in the period from June through November 2016.
So far this year, CWT has assisted member cooperatives who have contracts to sell 23.889 million pounds of American-type cheeses, 8.635 million pounds of butter (82% milkfat) and 18.596 million pounds of whole milk powder to twenty countries on five continents. The sales are the equivalent of 550.548 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.