CWT Assists With More Export Sales
ARLINGTON, VA - Cooperatives Working Together (CWT) has accepted 12 requests for export assistance from Dairy Farmers of America and Northwest Dairy Association (Darigold) to sell 2.138 million pounds (970 metric tons) of Cheddar, Gouda and Monterey Jack cheese, 440,925 pounds of butter (82% butterfat) and 1.250 million pounds (567 metric tons) of whole milk powder to customers in Asia, South America and North Africa. The product will be delivered June through November 2014.
Year-to-date, CWT has assisted member cooperatives in selling 56.403 million pounds of cheese, 46.725 million pounds of butter and 12.022 million pounds of whole milk powder to 40 countries on six continents. These sales are the equivalent of 1.651 billion 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 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.