Cooperatives Working Together (CWT) member cooperatives accepted 17 offers of export assistance from CWT that helped them capture sales contracts for 1.6 million pounds (724 metric tons) of Cheddar and Monterey Jack cheese, 396,832 pounds (180 metric tons) of cream cheese and 2.2 million pounds (1,000 metric tons) of whole milk powder. The product is going to customers in Asia, Oceania, and South America. The product will be delivered during the period from July through November 2019.
These contracts bring the year-to-date dairy product totals to 35.6 million pounds of American-type and Swiss cheeses, 189,598 pounds of anhydrous milkfat, 4.2 million pounds of butter (82% milkfat), 3.6 million pounds of cream cheese and 37.6 million pounds of whole milk powder. The products are going to 26 countries in six regions and are the milk equivalent of 731.1 million pounds of milk on a milkfat basis.
Assisting CWT members through the Export Assistance program positively affects all U.S. dairy farmers and all dairy cooperatives by strengthening and maintaining the value of dairy products that directly impact their milk price. It does this by helping member cooperatives gain and maintain world market share for U.S dairy products. As a result, the program has significantly expanded the total demand for U.S. dairy products and the demand for U.S. farm milk that produces those products.
The amounts of dairy products and related milk volumes reflect current contracts for delivery, not completed export volumes. CWT pays export assistance to the bidders only when export and delivery of the product is verified by required documentation.
All dairy farmers and all dairy cooperatives should invest in CWT. Membership information is available on the CWT website, www.cwt.coop.