Cooperatives Working Together (CWT) has accepted 10 requests for export assistance from Dairy Farmers of America, Maryland & Virginia Milk Producers Cooperative Association, Inc., Michigan Milk Producers Association, Northwest Dairy Association (Darigold) and United Dairymen of Arizona. These member cooperatives have contracts to sell 436,515 pounds (198 metric tons) of Cheddar, Gouda and Monterey Jack cheeses, and 1.049 million pounds (476 metric tons) of butter to customers in Asia, Central America, the Middle East and North Africa. The product has been contracted for delivery in the period from December 2016 through March 2017.
So far this year, CWT has assisted member cooperatives who have contracts to sell 50.322 million pounds of American-type cheeses, 12.125 million pounds of butter (82% milkfat) and 21.316 million pounds of whole milk powder to 23 countries on five continents. The sales are the equivalent of 892.911 million pounds of milk on a milkfat basis. Totals and milk equivalent have been adjusted for cancellations.
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.
The Cooperatives Working Together (CWT) Export Assistance program is funded by voluntary contributions from dairy cooperatives and individual dairy farmers. The money raised by their investment is used to strengthen and stabilize the dairy farmers’ milk prices and margins. For more information about CWT, visit www.cwt.coop.