CWT


Cooperatives Working Together (CWT) has accepted seven requests for export assistance from Dairy Farmers of America, Maryland & Virginia Milk Producers Cooperative Association and Michigan Milk Producers Association, who have contracts to sell 174,165 pounds (79 metric tons) of Cheddar cheese, 3.417 million pounds (1550 metric tons) of butter and 88,185 pounds (40 metric tons) of whole milk powder to customers in Asia, Central America, the Middle East, North Africa and Oceania. The product has been contracted for delivery in the period from August through November 2016.

So far this year, CWT has assisted member cooperatives who have contracts to sell 30.091 million pounds of American-type cheeses, 10.366 million pounds of butter (82% milkfat) and 22.948 million pounds of whole milk powder to 21 countries on five continents. The sales are the equivalent of 678.497 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 affects 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.

NMPF

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8.01.2016
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