Year-to-date, CWT has assisted member cooperatives in selling 36.337 million pounds (16,482 metric tons) of cheese, 29.423 million pounds (13,346 metric tons) of butter and 3.366 million pounds (1,526 metric tons) of whole milk powder to 27 countries on five continents. These sales are the equivalent of 997.8 million pounds (452,954 metric tons) of milk on a milkfat basis.
In the long term, assisting CWT members through the Export Assistance program 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 in the rapidly growing world dairy markets. This, in turn, positively impacts U.S. dairy farmers by strengthening and maintaining the value of dairy products that directly impact their milk price.
CWT will pay export assistance to the bidders only when 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.
