Cooperatives Working Together (CWT) has accepted 12 requests for export assistance from Dairy Farms or America and Northwest Dairy Association (Darigold) who have contracts to sell 1.598 million pounds (725 metric tons) of butter, 972,239 pounds (441 metric tons) of Cheddar, Gouda, and Monterey Jack cheese, and 440,925 pounds (200 metric tons) of whole milk powder to customers in Asia, Oceania and South America. 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 29.070 million pounds of American-type cheeses, 6.949 million pounds of butter (82% milkfat) and 20.847 million pounds of whole milk powder to twenty countries on five continents. The sales are the equivalent of 576.852 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.
7.11.2016
