CWT Assists with 6.9 Million Pounds of Cheese and Butter Export Sales

CWT Assists with 6.9 Million Pounds of Cheese and Butter Export Sales

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Cooperatives Working Together (CWT) has accepted 17 requests for export assistance from Dairy Farmers of America, Maryland & Virginia Milk Producers Association, Michigan Milk Producers Association, Northwest Dairy Association (Darigold), and Tillamook County Creamery Association to sell 4.556 million pounds (2,021 metric tons) of Cheddar, Gouda and Monterey Jack cheeses and 2.480 million pounds (1.125 metric tons) of 82% butter to customers in Asia, Central America, and the Middle East. The product will be delivered April through August 2014.

Year-to-date, CWT has assisted member cooperatives in selling 40.792 million pounds of cheese, 31.903 million pounds of butter and 3.366 million pounds of whole milk powder to 27 countries on five continents. These sales are the equivalent of 1.098 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.

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.

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4.8.2014