The information below has been supplied by dairy marketers and other industry organizations. It has not been edited, verified or endorsed by Hoard’s Dairyman.Cooperatives Working Together (CWT) member cooperatives accepted five offers of export assistance from CWT that helped them capture sales contracts for 50,706 pounds (23 metric tons) of Monterey Jack cheese, 432,106 pounds (196 metric tons) of whole milk powder, 2,205 pounds of anhydrous milkfat, and 152,119 pounds (69 metric tons) of cream cheese. The product is going to customers in Asia and South America and will be delivered during the period from May through September 2021.
CWT-assisted member cooperative year-to-date export sales total 15.5 million pounds of American-type cheeses, 10.4 million pounds of butter (82% milkfat), 7.1 million pounds of anhydrous milkfat, 16.6 million pounds of whole milk powder, and 6.1 million pounds of cream cheese. The products are going to 30 countries in six regions. These sales are the equivalent of 737.6 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.