CWT | CWT Assists with 1 Million Pounds of Dairy Product Export Sales

Cooperatives Working Together (CWT) member cooperatives accepted seven offers of export assistance from CWT that helped them capture sales contracts for 152,119 pounds (69 metric tons) of Cheddar and Monterey Jack cheese, 661,387 pounds (81 metric tons) of whole milk powder and 177,472 pounds (81 metric tons) of cream cheese.

The product is going to customers in Asia, Central and South America, and will be delivered from July through December 2020.

CWT-assisted member cooperative export sales contracts for 2020 total 22.011 million pounds of American-type cheeses, 6.246 million pounds of butter (82% milkfat), 1.960 million pounds of anhydrous milkfat, 3.784 million pounds of cream cheese and 19.112 million pounds of whole milk powder. The product is going to 28 countries in seven regions. These sales are the equivalent of 566 million pounds of milk on a milkfat basis.

Assisting CWT members in moving dairy products overseas through the Export Assistance program is critical during the challenging times U.S. dairy farmers and cooperatives are facing. The Export Assistance program helps in strengthening and maintaining the value of dairy products that directly impact producers’ milk price. The program is helping member cooperatives grow and maintain world market share for U.S dairy products and is a significant factor in maintaining the total demand for U.S. dairy products and the demand for U.S. farm milk.

Dairy product and related milk volume amounts reflect current contracts for delivery, not completed export volumes. CWT pays export assistance to 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.

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Topics |
CWT, Dairy, Dairy exports, Dairy products, Dairy sales

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