Cooperatives Working Together (CWT) has accepted three requests for export assistance from Dairy Farms of America and Northwest Dairy Association (Darigold), who have contracts to sell 90,390 pounds (41 metric tons) of Cheddar and Gouda cheese, and 881,849 pounds (400 metric tons) of whole milk powder to customers in Asia. The product has been contracted for delivery in the period from August through October 2016.
So far this year, CWT has assisted member cooperatives who have contracts to sell 29.916 million pounds of American-type cheeses, 6.949 million pounds of butter (82% milkfat) and 22.860 million pounds of whole milk powder to 21 countries on five continents. The sales are the equivalent of 599.359 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.