Cooperatives Working Together (CWT) member cooperatives accepted 14 offers of export assistance from CWT that helped them capture sales contracts for 354,958 pounds (161 metric tons) of Cheddar, 408,958 pounds (186 metric tons) of butter, and 374,786 pounds (170 metric tons) of cream cheese. The product is going to customers in Asia, North Africa, and Oceania. It will be delivered during the period from April through August 2021.
CWT-assisted member cooperative year-to-date export sales total 11.561 million pounds of American-type cheeses, 8.757 million pounds of butter (82% milkfat), 3.649 million pounds of AMF, 13.541 million pounds of whole milk powder, and 4.239 million pounds of cream cheese. The products are going to 26 countries in six regions. These sales are the equivalent of 534.9 million pounds of milk on a milkfat basis.
Assisting CWT members through the Export Assistance program positively affects all U.S. dairy farmers and 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 dairy cooperatives should invest in CWT. Membership information is available on the CWT website.
