Cooperatives Working Together (CWT) has accepted 8 requests for export assistance from Dairy Farmers of America, Northwest Dairy Association (Darigold), and Tillamook County Creamery Association who have contracts to sell 1.122 million pounds (509t) of Cheddar, Gouda, and Monterey Jack cheese and 85,980 pounds (39t) of whole milk powder to customers in Asia, the Middle East, and Central and South America. The product has been contracted for delivery in the period from April through October 2015.
Year-to-date, CWT has assisted member cooperatives who have contracts to sell 28.878 million pounds (13,099t) of cheese, 24.388 million pounds (11,062t) of butter, and 8.739 million pounds (3964t) of whole milk powder to twenty eight countries on five continents. The amounts of Cheese and butter in these sales contracts represent the equivalent of 879.062 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 impacts U.S. dairy farmers by strengthening and maintaining the value of dairy products that directly impact their milk price.
The amounts of cheese 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.
