CWT Assists with 1.8 million Pounds of Cheese and Butter Export Sales
ARLINGTON, VA – Cooperatives Working Together (CWT) has accepted 14 requests for export assistance from members Dairy Farmers of America, Northwest Dairy Association (Darigold) and United Dairymen of Arizona that have contracts to sell 1.702 million pounds (772 metric tons) of Cheddar, Gouda and Monterey Jack cheese and 144,403 pounds (66 metric tons) of butter to customers in the Asia, the Middle East and North Africa. The product has been contracted for delivery in the period from October 2017 through January 2018.
So far this year, CWT has assisted member cooperatives who have contracts to sell 57.895 million pounds of American-type cheeses, and 4.701 million pounds of butter (82% milkfat) to 21 countries on five continents. The sales are the equivalent of 640.147 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 affects all U.S. dairy farmers by strengthening and maintaining the value of dairy products that directly impact their milk price.
The amounts of dairy products 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.