Cooperatives Working Together (CWT) has accepted 12 requests for export assistance from Dairy Farmers of America, Foremost Farms USA and Northwest Dairy Association (Darigold). These cooperatives have contracts to sell 1.687 million pounds (1,340 metric tons) of Cheddar, Gouda and Monterey Jack cheese and 440,925 pounds (200 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 2017 through March 2018.
This brings the total CWT-assisted member cooperative 2017export sales to 71.958 million pounds of American-type cheeses and 5.687 million pounds of butter (82% milkfat) to 21 countries on five continents. These sales are the equivalent of 792.124 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.
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 being used to strengthen and stabilize the dairy farmers’ milk prices and margins. For more information about CWT, visit www.cwt.coop.